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RE: "Child Pays for Parent" on Electrum with Ledger Nano S

in #bitcoin8 years ago

I'm not entirely sure, and I don't think the structure of the addresses themselves are at all different. I think what matters is how the BTC is sent. So on the Ledger, for example, it now prompts me if I'm using Legacy or Segwit. If I say Segwit, it shows me essentially an empty wallet (new addresses were created, as far as a I know). I want to use Segwit, I have to send my BTC to those new addresses (again, as far as a I know). After that, it will use the Segwit protocol for sending.

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I've used exchanges and some of popular Bitcoin wallets since Segwit activation and don't recall running into anything like that. It's probably all abstracted away.