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Because P2SH addresses are too short to provide typically desirable levels of security security level we expect from Bitcoin, against certain attacks. On top of that, they use bech32 encoding rather than base58, which means they're slightly longer for the same amount of data, but are case insensitive instead. For any kind of "multi party" address (...


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The encoding is bech32 not base58, which is slightly longer but vastly easier to type due to a lack of capital letters, and the inclusion of error correction rather than error detection. SegWit scripts use SHA256 not RIPEMD160 for the hash function, which is longer and stronger.


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