Tag: addresses

What is a Partially Signed Bitcoin Transaction (PSBT)? A Comprehensive Guide

In the ever-evolving landscape of digital currency, Bitcoin stands as the pioneering force that introduced the world to the concept of cryptocurrency. At its core, Bitcoin transactions represent the transfer of value between participants within the Bitcoin network. These transactions are securely recorded on the blockchain, ensuring transparency, immutability, and decentralization. However, as the network […]

All About Bech32 Addresses

Since its inception, Bitcoin has undergone numerous enhancements, not just in its underlying technology but also in how transactions are conducted and recorded on the blockchain. One of the pivotal advancements in this journey has been the evolution of Bitcoin address formats. Initially, Bitcoin utilized the Pay-to-Public-Key-Hash (P2PKH) format, recognizable by addresses starting with ‘1’, […]