RATE Group | New Bitcoin Core Software Update Uses Bech32 Addresses by Default
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New Bitcoin Core Software Update Uses Bech32 Addresses by Default

25 Nov New Bitcoin Core Software Update Uses Bech32 Addresses by Default

Posted at 10:59h in Bitcoin News by

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The Bitcoin Core development team released the latest update on Nov. 24 to Bitcoin (BTC)’s original software client — the nineteenth in the coin’s eleven-year history.

Releasing Bitcoin Core 0.19.0 (eventually 0.19.0.1 in the available download version, following the discovery of a last-minute issue) was overseen by lead maintainer Wladimir J. van der Laan and was reportedly developed by over a hundred contributors over a roughly six month period.

New wallet format, better SegWit interoperability

As Aaron van Wirdum has revealed, 0.19.0.1 includes a range of performance improvements, updates and bug fixes, resulting from 550 merged pull requests.

The “bech32” address format (BIP 173) is now set for the first time as the default option in the Bitcoin Core wallet Graphical User Interface (GUI), having first been introduced in early 2018 with version 0.16.0. 

Bech32 contains a number of amendments, such as no longer making a distinction between lowercase and capital letters and…

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