Ethereum: Requirements to accept and send SegWit transactions?


Here’s an article on Ethereum: Requirements to accept and send SegWit transactions:

Understanding FromWit

Segregated Witness (SegWit) is a new block size adjustment for the Ethereum network that aims to improve the scalability and usability of the blockchain. To accommodate this change, Ethereum introduced two separate addresses for sending and receiving SegWit transactions: m/0’/1’/0.

What do these addresses look like?

These addresses are in the format m/0'/1'/0, where:

  • m is a prefix that indicates it’s a SegWit address

  • 0' is the number of the segwit block size adjustment

  • 1' is the number of the witness type (e.g., 1 for a constant-time proof or 2 for a variable-time proof)

  • 0 is the priority level of the transaction

How ​​do these addresses work?

To send SegWit transactions, you need to create a new block and include two special addresses: m/0'/1'$ andm/1’/0′. These addresses are used for sending and receiving SegWit transactions.

When sending a transaction, the sender creates a new block with these two addresses as its signature. The second address is used as a "tag" that indicates which transaction to include in the block.

When receiving a transaction, the receiver checks if they have the correct signature (i.e., them/0’/1’$ and m/1'/0' addresses) before including it in their block.

Key requirements for accepting SegWit transactions

To accept SegWit transactions, you need to:

  • Have a compatible wallet: You’ll need a wallet that supports Ethereum wallets with SegWit-compatible features (e.g., m/0'/1'$ and m/1'/0' addresses).

  • Install the required software: Ensure you have the latest version of the Ethereum wallet software installed on your machine.

  • Have sufficient memory and storage: SegWit transactions require more memory and storage than regular transactions, so make sure your computer has enough resources to handle them.

  • Configure your wallet settings

    Ethereum: Requirements to accept and send SegWit transactions?

    : You may need to adjust your wallet settings to accommodate SegWit transactions.

Additional considerations

While SegWit is a significant improvement over the previous block size adjustment (1MB), it’s essential to keep in mind that:

  • SegWit transactions require more memory and storage, which can impact the overall performance of your Ethereum network.

  • There may be some additional complexity when sending and receiving SegWit transactions.

If you’re new to SegWit or Ethereum in general, it’s recommended to start with a testnet wallet or a development environment before attempting to use SegWit on the mainnet.


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