Is any address that begins with bc1 called bech32? I have been playing with iancoleman.io/bip39 tool and noticed that it can create three different kinds of bc1 addresses.

In iancoleman.io/bip39 tool, in addition to P2WPKH and P2WSH under BIP141 tab, the BIP84 tab creates bc1 addresses too. Thanks to u/d3vrandom comment, I know that P2WPKH and P2WSH are both called native segwit, one used for standard wallets and the other is used for multisig wallets.

But what is BIP84? I tried to read about BIP141 and BIP84 but I didn't understand much.



Submitted December 22, 2019 at 12:43AM by DapperDoubt https://ift.tt/2Sil07N

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