-
Bitcoin $104,522.6322
-3.13% - Ethereum
$2,523.2617
-8.98% - Tether USDt
$1.0004
0.05% - XRP
$2.1152
-5.86% - BNB
$652.2893
-2.33% - Solana
$144.6351
-9.37% - USDC
$0.9995
-0.03% - Dogecoin
$0.1735
-9.24% - TRON
$0.2736
-0.43% - Cardano
$0.6326
-8.58% - Hyperliquid
$38.5159
-8.14% - Sui
$2.9977
-10.56% - Chainlink
$13.2026
-9.28% - UNUS SED LEO
$8.9820
1.39% - Bitcoin Cash
$416.2011
-3.39% - Stellar
$0.2574
-7.06% - Avalanche
$19.0069
-10.26% - Toncoin
$2.9777
-7.56% - Shiba Inu
$0.0...01168
-9.04% - Hedera
$0.1545
-9.05% - Litecoin
$83.5565
-7.17% - Polkadot
$3.8099
-7.40% - Ethena USDe
$1.0004
-0.02% - Monero
$313.0679
-4.12% - Dai
$0.9998
0.00% - Bitget Token
$4.5157
-4.11% - Uniswap
$7.3677
-9.10% - Pepe
$0.0...01065
-15.22% - Aave
$279.7196
-6.75% - Pi
$0.5464
-13.61%
How many types of Bitcoin addresses are there?
There are eight main types of Bitcoin addresses, each with its own unique features and applications: legacy, SegWit, Native SegWit, Taproot, Witness Script, Pay-to-Script-Hash, Pay-to-Timestamp, and Vanity.
Sep 27, 2024 at 05:06 pm
How Many Types of Bitcoin Addresses Are There?
1. Legacy Addresses (P2PKH)
- Start with the prefix "1"
- Derived from a public key using a hash function
- Most common type of Bitcoin address
2. SegWit Addresses (P2WPKH)
- Start with the prefix "3"
- Derived from a public key using a more secure hash function
- Smaller and more efficient than legacy addresses
3. Native SegWit Addresses (bech32)
- Start with the prefix "bc1"
- Most modern type of Bitcoin address
- Shortest and most efficient format, using a custom encoding scheme
4. Taproot Addresses (P2TR)
- Latest type of Bitcoin address
- Can represent complex conditions, such as multi-signature requirements
- Provides enhanced privacy and security
5. Witness Script Addresses (P2WSH)
- Start with the prefix "3"
- Used to represent more complex transactions, such as multi-signature or time-locked transactions
- Flexible and can support a wide range of conditions
6. Pay-to-Script-Hash (P2SH)
- Start with the prefix "3"
- Similar to P2WSH, but uses a hash of the script instead of the script itself
- Provides some anonymity and allows for more complex conditions
7. Pay-to-Timestamp (P2TS)
- Start with the prefix "2M"
- Used to create time-locked transactions that can be unlocked at a specified time
8. Vanity Addresses
- Custom Bitcoin addresses that start with a specific string of characters
- Created using specialized software and require significant computational resources
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