| Feature | Legacy (1...) | P2SH (3...) | Bech32 (bc1...) |
|---|---|---|---|
| Supports SegWit | |||
| Transaction Fees | |||
| Compatibility | |||
| Blockchain Space Usage | |||
| Encoding Format |
| Address Type | Use Case Recommendation |
|---|---|
| Legacy (1...) | Use only if you need full compatibility with old systems and wallets. |
| P2SH (3...) | Ideal for multi-signature wallets and compatible SegWit scenarios. |
| Bech32 (bc1...) | Recommended for new wallets with lowest transaction fees and maximum efficiency. |
Secure random number generation requires unpredictable entropy.
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