Can you break down what data is encoded into a bech32 address?
e.g. bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4
How do bech32 addresses on testnet, regtest, signet compare?
Can you break down what data is encoded into a bech32 address?
e.g. bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4
How do bech32 addresses on testnet, regtest, signet compare?
Bech32 addresses are defined in BIP 173.
This slide is taken from Pieter Wuille's presentation on bech32 at SF Bitcoin Devs in March 2017.
Different prefixes
A list of address prefixes on the Bitcoin wiki is here.
bc
is representing Bitcoin (mainnet)tb
tb
(although an earlier iteration of Signet used sb
).bcrt
. This is defined in chainparams.cpp here. Discussion on why regtest addresses don't have the same prefix as testnet and signet is here.Remaining data
1
is just a separator and doesn't represent any particular dataq
is the witness version. This represents zero as the first SegWit witness version introduced was SegWit v0. Taproot introduces SegWit v1 with p
representing one (v1).w508d6qejxtdg4y5r3zarvary0c5xw7k
is the witness program.v8f3t4
is the checksumAs the slide says, mainnet P2WPKH addresses are 42 characters and mainnet P2WSH addresses are 62 characters under SegWit v0. Future witness versions can be up to 74 characters although SegWit v1 addresses (Taproot) will be the same length as v0 P2WSH addresses (62 characters). Witness programs as defined under SegWit v1 are 32 bytes.
There is a bech32 demo decoder site here.
Please note that SegWit v1 (Taproot) addresses will use bech32m encoding rather than bech32.