Qualities of "Pay to Nested Witness Key Hash"

Question

The lightning dev tutorial mentions the np2wkh or Pay to Nested Witness Key Hash address type, and I would like to find out more about it, so far without success.

Can anybody explain how they are different from other address types, e.g. P2PKH or P2SH?

score 6 · Accepted Answer · answered Apr 15 '18 at 08:55

6

Nested P2WPHK is just the normal P2WPKH embedded within a P2SH, to make it compatible with older wallets which don't recognize native witness addresses (bech32). Check out this for more info: https://bitcoincore.org/en/segwit_wallet_dev/#creation-of-p2sh-p2wpkh-address

answered Apr 15 '18 at 08:55

meshcollider

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So P2WPKH is the same as P2WKH? I guess that was the core of my confusion. – Jasper Apr 15 '18 at 09:22
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Yeah its just a shortened acronym because there are already so many characters :) – meshcollider Apr 15 '18 at 12:05
Where can I read more about this Address types – Raj Saraogi Jul 06 '22 at 12:21

Qualities of "Pay to Nested Witness Key Hash"

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