Solved: PH does not accept Litecoin (LTC) "M" style Segwit payout addresses

Encounter a problem related to the pool or have a request for a feature? Post your issue here and we will help you out.
Forum rules
Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.

Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.

We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.

For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
Locked
User avatar
blastar
Posts: 9
Joined: Thu Nov 09, 2017 10:44 am

Solved: PH does not accept Litecoin (LTC) "M" style Segwit payout addresses

Post by blastar » Sun Dec 17, 2017 8:56 am

Hi all,

Probably many of you might have experienced a problem adding your "Segwit" Litecoin wallet address for payouts on Prohashing. This type of addresses starting with the letter "M", is found among others in Segwit-enabled hardware wallets like "Ledger Nano S" and "Trezor".
Prohashing (and many other pools and exchanges) does not accept LTC addresses starting with "M", but, there is a way around this....

If you want to use a Segwit wallet address directly for payouts on Prohashing, you need to convert your "M" style wallet address into a "3" style address first. You can do this by using this converter to generate your "3" style address: https://litecoin-project.github.io/p2sh-convert/ (see image)
After generating your new "3" style address, copy it, then go to "Settings" in your Prohashing account, and add it as a payout address for Litecoin. Prohashing will now accept it and you'll be able to save it. Problem solved!

Image
Reign30
Posts: 14
Joined: Tue Dec 19, 2017 8:10 pm

Re: Solved: PH does not accept Litecoin (LTC) "M" style Segwit payout addresses

Post by Reign30 » Tue Dec 19, 2017 8:16 pm

Guess I'm confused. The settings page accepted my M segwit address and saved just fine. I read that the address is validated before it will successfully save, so I thought everything was kosher. I still need to convert the address, and re-save?

Thanks.
Locked