Bitcoin Addresses

Posted by Bitcoin Basics
  • 25-44 characters – representable by QR code.
  • Example: 1QDQUYyhLgWxhvE8o158Xr3asBd84oqvD
  • A part of a Public/Private key encryption pair
  • Represents the hash of the Public key (SHA-256 and RIPEMD-160)
  • New addresses are easily created and unlimited.
  • Typically, for each transaction, a new receiving address is used. This validates who the coins were received from
  • Contains no information about the owner and are generally anonymous
  • Partially Personalized addresses can be searched for