Coinomi recently released an update that will allow you to use compatibility and native (Bech32) Viacoin addresses. Updating only takes a minute and it’s very easy to do. Follow this step-by-step guide and you’ll be using compatibility and native SegWit addresses in no time!
Step 1: Open your Coinomi wallet.
Step 2: Open the ‘Receive’ tab and tap ‘Upgrade account’.
Step 3: Read through the information and tap ‘Next’.
Step 4: Enter your wallet password.
Step 5:
You might ask yourself, “what difference does this make?”. In short, SegWit reduces the size of each transaction which allows more transactions to be included in each block. As a result the transaction fees will be lower and the Viacoin network will be able to handle more transactions per second. Do you want to learn more about the technical side of SegWit? Click HERE to read the Wikipedia article about SegWit. In the chart below you’ll see the different addresses Coinomi will now support:
More information
Website: www.viacoin.org
Twitter: www.twitter.com/Viacoin
Github: www.github.com/Viacoin
Reddit: www.reddit.com/r/Viacoin
Telegram: https://t.me/viacoin
Discord: https://discord.gg/f7SXbBX
Bitcointalk — https://bitcointalk.org/index.php?topic=1840789.0
Viacoin Development Update -03/2018: https://medium.com/@viacoin/viacoin-development-update-03-2018-651b8c560fb7
Please feel free to leave us your feedback as we always welcome it!
- The Viacoin Team
