-
Bitcoin $109,114.3478
1.06% - Ethereum
$2,744.9141
7.55% - Tether USDt
$1.0001
-0.04% - XRP
$2.2807
0.53% - BNB
$662.8259
0.80% - Solana
$158.2627
1.67% - USDC
$0.9998
-0.02% - Dogecoin
$0.1914
3.24% - TRON
$0.2928
3.06% - Cardano
$0.6996
3.23% - Hyperliquid
$40.2735
6.36% - Sui
$3.4340
2.24% - Chainlink
$15.3699
9.57% - Avalanche
$22.0228
3.96% - Stellar
$0.2771
3.75% - Bitcoin Cash
$429.6580
2.27% - Toncoin
$3.3228
0.74% - UNUS SED LEO
$8.8718
-3.37% - Shiba Inu
$0.0...01305
3.80% - Hedera
$0.1798
4.71% - Litecoin
$91.1005
2.90% - Polkadot
$4.2732
5.70% - Monero
$332.2251
0.95% - Ethena USDe
$1.0006
-0.02% - Bitget Token
$4.7926
2.17% - Dai
$0.9997
-0.01% - Pepe
$0.0...01271
6.99% - Uniswap
$8.2265
25.74% - Pi
$0.6391
0.85% - Aave
$305.1970
16.07%
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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