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Technology

Bech32 addresses: why Bitcoin Mix uses the bc1q format

Bech32 addresses begin with bc1q and use native SegWit. The format is widely supported by modern wallets and uses transaction space more efficiently.

Bech32 addresses: why Bitcoin Mix uses the bc1q format

Practical advantages

Native SegWit separates signature data from the main transaction structure. Under comparable conditions, spending from a modern address will usually have a lower virtual size than spending from a legacy address.

Bech32 is case-insensitive and includes a checksum that helps wallets detect many typing errors.

How to check an address

Compare the entire address, not only its first and last characters. Confirm that it begins with bc1q and belongs to the Bitcoin main network.

To receive fresh addresses from a hardware wallet, use a Native SegWit account. A small test transaction is sensible before transferring a large amount.

One address for one order

Use a deposit address only for the order in which it was issued. Conditions, validity period and digital signature are tied to that specific guarantee letter.

Reusing old payment details makes payment verification harder and can delay processing.

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