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bitpay / wallet

Bitpay Wallet (formerly Copay) is a secure Bitcoin and other crypto currencies wallet platform for both desktop and mobile devices.
http://bitpay.com/wallet
MIT License
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Add support for Bitcoin Bech32 #9633

Open iraszl opened 5 years ago

iraszl commented 5 years ago

Reason why it's a good idea: Native segwit addresses (Bech32) that can be recognized starting with bc1... are the new standard in Bitcoin. It reduces fees by up to ~45% compares to legacy addresses supported by Copay currently, and ~15% compared to wrapped Segwit addresses starting with 3... Using such addresses also increases the available transactions that can fit into the current Bitcoin blocksize, so it reduces the fees indirectly for everyone even if they don't use native Segwit addresses. Many wallets support native Segwit addresses and they proved to be safe. There are many other small benefits to native Segwit addresses, like built in error correction, etc.

Description: https://en.bitcoin.it/wiki/Bech32 Wallet Support: https://en.bitcoin.it/wiki/Bech32_adoption

fmonts commented 5 years ago

+1. Or at least Segwit addresses, it would be a big step forward...

vogelito commented 5 years ago

Two other issues tracking this #4020 and #9671. Would love to see this implemented in CoPay.

LNAPI commented 5 years ago

When?