1/ 🧵 Bitcoin has different address types that are used for the payment use case. Usually consumers ignore the address being the cryptic. But they have an interesting tech side to look at too.
1/ 🧵 Bitcoin has different address types that are used for the payment use case. Usually consumers ignore the address being the cryptic. But they have an interesting tech side to look at too.
It is really amazing the way these addresses work and the use they have. Even more so the brilliant mind behind them.
Keep in mind to include tags referring to the topic of the article that are of general use. (example: crypto, finance).
2/ 🧵 There are three specific types of the bitcoin addres that are increasin in the use case like for the payment use case.
3/ 🧵 For example P2WPKH, P2WSH and P2TR are the type of the address that are being used a lot. And they have decent supply size of the BTC too.
4/ 🧵 Check out how the BTC address types work and how they are being used.
https://inleo.io/@esmeesmith/bitcoin-address-types-that-are-growing-in-the-payment-use-case