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Bitcoin Basics

Explanations for the acronyms and terms you will encounter in Samourai and the Bitcoin space in general.

  • BIP 44, BIP 49, and BIP84

    BIP44 refers to the accepted common standard to derive non segwit addresses. These addresses always begin with a 1. BIP49 refers to the accepted common standard of deriving segwit compatibility addres...

  • Segwit

    Segwit is short for Segregated Witnesses which is a soft fork upgrade to the Bitcoin network that was activated on August 24, 2017.  The actual technical workings are fairly complicated but well docum...

  • XPUB's, YPUB's, ZPUB's...

    What is a XPUB? An Extended Public Key - also known as an XPUB -  is a part of a bitcoin standard (BIP32) that can be thought of as a 'read only' view into a wallet. An XPUB allows full view to all tr...