Vanity Address
A cryptocurrency address with a customized prefix or pattern, found by trial-and-error.
Vanity addresses are generated by repeatedly trying random keys until the resulting address matches a desired pattern (e.g., 1COOL...). This can be computationally expensive and risky if using untrusted tools.
"They mined for a vanity address starting with '1BCH', but used an offline, open-source generator to avoid leaking their private key."
Related Terms
Address
→A public identifier used to receive cryptocurrency on a blockchain network.
Proof of Work (PoW)
→A consensus algorithm where computing power is used to solve complex problems, verify transactions, and create new blocks.
Privacy
→The ability to transact without revealing sensitive information about identity, balances, or counterparties.
All terms and definitions may update as the Cryptionary improves.
