-
Bitcoin $90,459.1701
0.09% - Ethereum
$2,218.2996
-0.75% - XRP
$2.6212
4.79% - Tether USDt
$1.0001
0.00% - BNB
$600.0949
0.61% - Solana
$145.6380
0.31% - USDC
$1.0001
0.01% - Cardano
$0.9182
-6.74% - Dogecoin
$0.2032
-0.38% - TRON
$0.2412
-1.42% - Pi
$1.8581
-3.08% - Chainlink
$17.1326
4.82% - Hedera
$0.2389
-4.54% - Stellar
$0.2996
-0.44% - UNUS SED LEO
$9.9004
1.41% - Sui
$2.8260
6.38% - Avalanche
$21.3857
-1.80% - Bitcoin Cash
$400.2230
1.97% - Shiba Inu
$0.0...01340
0.76% - Litecoin
$104.0712
-0.91% - Toncoin
$3.0629
1.16% - Polkadot
$4.4679
-1.53% - MANTRA
$6.9498
0.54% - Bitget Token
$4.6851
5.30% - Ethena USDe
$0.9993
-0.01% - Dai
$1.0001
-0.02% - Hyperliquid
$15.4105
-10.38% - Uniswap
$7.1911
-4.22% - Monero
$226.2038
-0.18% - NEAR Protocol
$3.1359
3.40%
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
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- August, a crypto-focused prime brokerage firm, has raised $10 million in a Series A led by Dragonfly Ventures
- 2025-03-07 05:50:41
- Paid Network Review: Is It the Best Crypto Launchpad?
- 2025-03-07 05:40:42
- Donald Trump organizes a crypto summit in the White House
- 2025-03-07 05:40:42
- Bitcoin (BTC) Price Dips After Mar. 6 Wall Street Open as Market Discounts Crypto Summit Buzz
- 2025-03-07 05:40:42
- tion: Happy Thursday! Anticipation is building ahead of tomorrow's inaugural White House Crypto Summit, with speculation swirling over exactly which industry heavyweights will be in attendance.
- 2025-03-07 05:40:42
- World Network Launches World Chat, an Encrypted Messaging App Integrating Crypto Transactions
- 2025-03-07 05:40:42
Related knowledge
How is the handling fee for Bitcoin leverage trading calculated?
Mar 04,2025 at 08:43pm
Key Points:Bitcoin leverage trading fees are multifaceted, encompassing trading fees, funding fees, and potentially other charges depending on the platform.Trading fees are typically a percentage of the trade value, varying across exchanges.Funding rates, specific to perpetual contracts, reflect the difference between spot and perpetual prices and are p...
Is Bitcoin leverage trading suitable for beginners?
Mar 05,2025 at 01:12am
Key Points:Bitcoin leverage trading amplifies both profits and losses, significantly increasing risk for beginners.Understanding margin, liquidation, and the intricacies of leverage is crucial before engaging.Beginners lack the experience and knowledge to effectively manage the inherent risks.Alternative strategies like dollar-cost averaging offer safer...
How to avoid liquidation in Bitcoin leverage trading?
Mar 06,2025 at 01:49am
Key Points:Understanding leverage and its risks in Bitcoin trading.Implementing effective risk management strategies.Utilizing stop-loss orders and other protective measures.Monitoring market volatility and adjusting positions accordingly.Choosing a reputable exchange with robust features.How to Avoid Liquidation in Bitcoin Leverage Trading?Bitcoin leve...
How to choose the right Bitcoin leverage ratio?
Mar 06,2025 at 06:36am
Key Points:Understanding leverage and its risks in Bitcoin trading.Factors influencing the optimal leverage ratio for individual traders.Strategies for managing risk when using leverage.The importance of understanding your risk tolerance and trading experience.Exploring different leverage options offered by various exchanges.How to Choose the Right Bitc...
What are the risks of Bitcoin leverage trading?
Mar 06,2025 at 04:24pm
Key Points:Increased Volatility: Leverage magnifies both profits and losses, making Bitcoin leverage trading significantly riskier than spot trading. Small price movements can result in substantial gains or devastating losses.Liquidation Risk: If the market moves against your position and your account equity falls below the maintenance margin, your posi...
What does it mean to go short on Bitcoin?
Mar 05,2025 at 03:49am
Key Points:Going short on Bitcoin means betting on a price decrease. This is achieved through various financial instruments, not simply by selling Bitcoin you own.Shorting involves borrowing Bitcoin, selling it at the current price, and hoping to buy it back later at a lower price to return it, pocketing the difference as profit.Different methods exist ...
How is the handling fee for Bitcoin leverage trading calculated?
Mar 04,2025 at 08:43pm
Key Points:Bitcoin leverage trading fees are multifaceted, encompassing trading fees, funding fees, and potentially other charges depending on the platform.Trading fees are typically a percentage of the trade value, varying across exchanges.Funding rates, specific to perpetual contracts, reflect the difference between spot and perpetual prices and are p...
Is Bitcoin leverage trading suitable for beginners?
Mar 05,2025 at 01:12am
Key Points:Bitcoin leverage trading amplifies both profits and losses, significantly increasing risk for beginners.Understanding margin, liquidation, and the intricacies of leverage is crucial before engaging.Beginners lack the experience and knowledge to effectively manage the inherent risks.Alternative strategies like dollar-cost averaging offer safer...
How to avoid liquidation in Bitcoin leverage trading?
Mar 06,2025 at 01:49am
Key Points:Understanding leverage and its risks in Bitcoin trading.Implementing effective risk management strategies.Utilizing stop-loss orders and other protective measures.Monitoring market volatility and adjusting positions accordingly.Choosing a reputable exchange with robust features.How to Avoid Liquidation in Bitcoin Leverage Trading?Bitcoin leve...
How to choose the right Bitcoin leverage ratio?
Mar 06,2025 at 06:36am
Key Points:Understanding leverage and its risks in Bitcoin trading.Factors influencing the optimal leverage ratio for individual traders.Strategies for managing risk when using leverage.The importance of understanding your risk tolerance and trading experience.Exploring different leverage options offered by various exchanges.How to Choose the Right Bitc...
What are the risks of Bitcoin leverage trading?
Mar 06,2025 at 04:24pm
Key Points:Increased Volatility: Leverage magnifies both profits and losses, making Bitcoin leverage trading significantly riskier than spot trading. Small price movements can result in substantial gains or devastating losses.Liquidation Risk: If the market moves against your position and your account equity falls below the maintenance margin, your posi...
What does it mean to go short on Bitcoin?
Mar 05,2025 at 03:49am
Key Points:Going short on Bitcoin means betting on a price decrease. This is achieved through various financial instruments, not simply by selling Bitcoin you own.Shorting involves borrowing Bitcoin, selling it at the current price, and hoping to buy it back later at a lower price to return it, pocketing the difference as profit.Different methods exist ...
See all articles
