Are all Bitcoin receiving addresses in Ledger Live for like legacy, segwit and taproot? Are they the hashed public address or the public address? I know for segwit that ledger generates new addresses so my question is just that is that done for taproot as well?
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Hi Dodi Alf, I tried to summarize your question in the topic title. Please feel free to amend it if I didn't get right what you are asking about.– Murch ♦Dec 16, 2022 at 19:48
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1 Answer
Each address type (legacy, p2sh-segwit, segwit, taproot) has a different method of generation. In general, they start with a public key. Note that public keys are not an address. Public keys can be transformed into an address of each type. Creating an address from a public key is deterministic; if you try to make two addresses for the same type from the same public key, then you will get the same address.
Legacy, p2sh-segwit, and native segwit addresses are all based on a hash of the public key. Taproot is based on the public key itself.
When you generate a new address, you are actually generating a new private key, calculating its public key, and then computing an address from that public key. This applies to all of the address types.
answered Dec 15, 2022 at 22:20
