What are the recommended address formats for popular digital currencies like Bitcoin and Ethereum?
Gkoushik17Jan 02, 2022 · 3 years ago3 answers
Can you provide the recommended address formats for popular digital currencies such as Bitcoin and Ethereum? I'm interested in understanding the specific formats used for these cryptocurrencies.
3 answers
- Jan 02, 2022 · 3 years agoSure! For Bitcoin, the recommended address format is called Pay-to-Public-Key-Hash (P2PKH). It starts with a '1' and is followed by a string of alphanumeric characters. Ethereum, on the other hand, uses the Hexadecimal format for its addresses. These addresses start with '0x' and are followed by a string of 40 hexadecimal characters. It's important to note that these formats may vary for different cryptocurrencies, so always double-check the specific format for the digital currency you are using.
- Jan 02, 2022 · 3 years agoHey there! When it comes to Bitcoin, the recommended address format is known as Pay-to-Public-Key-Hash (P2PKH). It starts with a '1' and is followed by a mix of letters and numbers. Ethereum, on the other hand, uses a Hexadecimal format for its addresses. These addresses begin with '0x' and are followed by a string of 40 hexadecimal characters. Remember, different cryptocurrencies may have different address formats, so make sure to check the specific format for the digital currency you're dealing with.
- Jan 02, 2022 · 3 years agoCertainly! Bitcoin addresses typically start with a '1' and are followed by a combination of letters and numbers. Ethereum addresses, on the other hand, begin with '0x' and are followed by a string of 40 hexadecimal characters. It's worth mentioning that address formats can vary across different digital currencies, so it's always a good idea to verify the specific format for the cryptocurrency you're interested in. If you have any further questions, feel free to ask!
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