BR029 - SegWit, Taproot, Schnoor, Inscriptions & Witness Discount ft. Andrew Poelstra & Adam Gibson
Bitcoin.Review Podcast with NVK & Guests
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The Problems With Checksum Schemes
There's a one in four billion chance that a legacy address, if you tweak it in some random way, there's a 1 in 4 billion chance that your software is still going to accept that. So with this very high probability, you're going to detect any mistakes. The encoding of the legacy address is probably for most users, a more important thing. It wasn't something called 58, which I think Satoshi invented as kind of a crazy scheme,. You take all the capital letters of the Latin alphabet and place them in lowercase and uppercase because it looks too much like Capital U. And then we dropped one capital letter from each other - so O instead of capital C. But
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