Frequently Asked Questions (FAQs) | 2 way peg app Documentation
Here, you can find a list of frequently asked questions (FAQs) about the 2 way peg application.
What is the difference between SegWit and Legacy addresses?
- Legacy address is the original BTC address while SegWit is the newer address format with lower fees. SegWit means Segregated Witness, where Segregated is to separate and Witness is the transaction signatures involved with a specific transaction.
What type of addresses do I need to perform a peg in?
- For information on the type of addresses to use when performing a peg-in transaction, see supported addresses section.
Why use the 2 way peg instead of the PowPeg directly?
- The 2 way peg app has a lot of benefits including enabling easier and simplified peg-in transactions. See why use the 2 way peg app? for a list of benefits when you use the application.
See Glossary section for explanation of terms.