-
Bitcoin $94,909.0163
2.32% - Ethereum
$1,779.5609
1.23% - Tether USDt
$1.0006
0.04% - XRP
$2.1960
0.77% - BNB
$604.7155
1.18% - Solana
$154.9449
3.62% - USDC
$1.0000
0.00% - Dogecoin
$0.1820
3.58% - Cardano
$0.7157
2.38% - TRON
$0.2434
-0.81% - Sui
$3.6722
18.88% - Chainlink
$15.0824
2.80% - Avalanche
$22.4553
1.51% - Stellar
$0.2842
5.38% - Hedera
$0.1989
8.58% - UNUS SED LEO
$9.0544
-1.79% - Shiba Inu
$0.0...01400
4.88% - Toncoin
$3.2183
2.69% - Bitcoin Cash
$373.1660
7.43% - Polkadot
$4.2800
5.73% - Litecoin
$86.1224
4.88% - Hyperliquid
$18.7814
4.09% - Dai
$1.0000
-0.01% - Bitget Token
$4.4467
0.77% - Ethena USDe
$0.9996
0.01% - Pi
$0.6510
0.16% - Monero
$230.5453
2.15% - Pepe
$0.0...08883
3.63% - Uniswap
$5.8390
0.86% - Aptos
$5.5568
3.25%
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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