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Address

wallet · technical

A network-specific identifier that describes a destination or spending condition for a cryptocurrency payment.

1.general

A cryptocurrency address is an encoded destination used to construct a transaction output or identify an account. It is normally safe to share for receiving payments, but it should not be confused with a private key or proof of identity.

2.technical

An address can encode a public-key hash, script hash, witness program, account identifier, or another payload together with network and checksum information. It does not necessarily contain a public key, and the full spending condition may be revealed only when funds are spent.

3.safety

Address checksums catch some typing errors but do not confirm the intended recipient. Verify the network, asset, complete destination, and any memo or tag required by the receiving service. Reusing one address can make transaction history easier to link.

Related terms

All terms and definitions may update as the Cryptionary improves.