What btc wallet addresses are there?

There are 4 types of Bitcoin (BTC) wallet addresses: P2PKH, P2SH, Bech32 and SegWit. P2PKH (most common) starts with 1 or 3 and sends Bitcoin to the hash of the user's public key; P2SH starts with 3 and supports more complex transactions; Bech32 starts with bc1 and is more secure and efficient and uses Segregated Witness technology ;SegWit starts with 3 followed by bc, similar to Bech32 but compatible with old wallet software.

BTC Wallet Address Type

A Bitcoin (BTC) wallet address is a numeric address where Bitcoins are stored and received. It is a combination of letters and numbers used to identify a specific user.

Type:

1. P2PKH（Pay-to-Public-Key-Hash）Address**

• Starts with 1 or 3
• The most common address types
• Send Bitcoin to the hash of the user’s public key

2. P2SH (Pay-to-Script-Hash) address**

• begins with 3
• Allows more complex transaction scripts
• Typically used in multi-signature wallets and smart contracts

3. Bech32 (SegWit) Address**

• Starts with bc1
• is a newer address type that is more secure and efficient
• Uses Segregated Witness technology to reduce transaction size

4. SegWit (Segregated Witness) address **

• starts with 3, followed by the letters bc
• Similar to Bech32 addresses, but compatible with older wallet software

Other types :

• ##Multiple Signing address: Multiple keys required to spend Bitcoin
• Hardware wallet address: Private key stored on physical device
• Paper wallet Address: Private key and address printed on paper

Select the appropriate address type :

Select the appropriate BTC wallet address type depends Personal preferences and security requirements. For most users, a P2PKH or Bech32 address will suffice. Multi-signature and hardware wallet addresses provide greater security, while paper wallet addresses are not suitable for frequent transactions.

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