Pieter Wuille: New Address Type for SegWit Addresses

Pieter Wuille (https://twitter.com/pwuille), Bitcoin Core Developer and Co-Founder of Blockstream, discusses his recent Bitcoin Improvement Proposal regarding a new SegWit address format (https://github.com/sipa/bech32/blob/master/bip-witaddr.mediawiki). Recently, we proposed a new address type for SegWit addresses. The format uses base 32 and a simple checksum algorithm with strong error detection properties. In this talk, I will go over the motivation, design and analyses that led up to the BI…