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What is "Cash Address" or "CashAddr"? Is that a new Bitcoin Cash address format?
Bitcoin Cash "Cash Address" format
Answers
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"CashAddr" is the name of the new Bitcoin Cash address format, which is heavily influenced by SegWit Bech32 format.
It looks like this:
bitcoincash:qpm2qsznhks23z7629mms6s4cwef74vcwvy22gdx6a
The format is consisting of a prefix (bitcoincash, bchtest or bchreg), a seperator (always :), and a 42 character payload.
TIP: P2PKH starts with q while P2SH starts with p
Currently it's compatible with all Bitcoin Cash wallets and services except a few.
The address format can be converted to the old format using cashaddr.bitcoincash.org if your wallet is not compatible.