Ethereum: Which wallet libraries officially intend to use Bech32 addresses, and will the addresses generated by them be compatible?

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Ethereum: Understanding Bech32 addresses and compatibility

As Ethereum continues to grow, many users want to switch from Bitcoin to the original Ethereum block chain. One of the biggest benefits of using Ethereum is the use of Bech32, which allows for safer and more efficient storage of private keys. When it comes to wallet libraries that support Bech32, they are not all officially compatible.

** The supporting wallet libraries of Bech32

Many wallet libraries have announced their intention to support Bech32 in the coming months. Here are some of the most important:

* Myetherwallet (Mew) : MEW has announced that it intends to support Bech32 for its Ethereum-based wallets.

* Binance Smart Chain Wallet

: Binance’s own wallet library, the Binance smart chain wallet, is also expected to support Bech32 in the near future.

* Metamask : Metamask, a popular browser extension and a mobile application that allows users to manage Ethereum accounts, has reported their intention to support Bech32 for its wallets.

Are the Bech32 addresses compatible with existing wallets?

There are a few things to consider in terms of compatibility:

* Wallet compatibility : Each wallet section has its own series of compatible wallets. For example, Mew supports Ethereum-based wallets, while the Binance smart wallet supports both Ethereum and other Altcoins.

* Private Key Generation : Bech32 addresses may not be compatible with existing Bitcoin wallets, which often use different private key forms (eg Sec256K1).

conclusion

Although some wallet libraries are already planning to support the Bech32, there is still a risk that they may not be compatible with existing Bitcoin wallets. As more wallet libraries announce that they support Ethereum-based wallets, it is easier to find compatible options.

Before changing, users should negotiate the official documents and community forums of each wallet club to confirm compatibility and possible steps to ensure seamless integration.