Segwit Ephemeral Anchors

For instance, changing the code to 0x4e73 generates the address bc1pfeessrawgf, which interestingly breaks down into a predictable structure: the prefix "bc1p", followed by a segment that can vary ("fees" in this case), and concluded with a checksum. This pattern is applicable across various codes; for example, 0xffff leads to bc1plllsqd8ech, while setting the code at 0x0100 (which represents the number 1) results in bc1pqyqqgs7ult. Similarly, using 0x0001 (or 256 in decimal) produces bc1pqqqs4em24r.

The versatility in generating these addresses is further highlighted through different network prefixes. For Testnet or Signet networks, modifying the code to 0x4e73 yields an address like tb1pfees9rn5nz, whereas for Regtest, it results in bcrt1pfeesnyr2tx. Such variations underscore the adaptability of bech32m addresses to different blockchain environments.

For enthusiasts interested in exploring various combinations and their corresponding addresses, the Bitcoin command-line interface (CLI) tool provides a means to decode scripts through the command bitcoin-cli decodescript 51024e73. This functionality allows users to engage with the technology hands-on, offering a bridge between theoretical knowledge and practical application in the creation and analysis of cryptocurrency addresses.