Is any address that begins with bc1 called bech32? I have been playing with iancoleman.io/bip39 tool and noticed that it can create three different kinds of bc1 addresses.

In iancoleman.io/bip39 tool, in addition to P2WPKH and P2WSH under BIP141 tab, the BIP84 tab creates bc1 addresses too. Thanks to u/d3vrandom comment, I know that P2WPKH and P2WSH are both called native segwit, one used for standard wallets and the other is used for multisig wallets.

But what is BIP84? I tried to read about BIP141 and BIP84 but I didn't understand much.

Submitted December 22, 2019 at 03:43AM by DapperDoubt http://bit.ly/2QbvwLx