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What is the number of the virtual currency wallet address?

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2024-04-09 17:12:56589browse

The number of digits in virtual currency wallet addresses is different because Bitcoin and Ethereum use different encryption algorithms. Bitcoin addresses are typically 26-35 characters long and start with "1" or "3", while Ethereum addresses are usually 40 characters long and start with "0x". Wallet address digits for other virtual currencies also vary, such as 33-34 digits for Litecoin, 34-35 digits for Ripple, 33 digits for Dogecoin, and 34-35 digits for Bitcoin Cash.

What is the number of the virtual currency wallet address?

The number of digits in the virtual currency wallet address

Virtual currency wallet addresses usually have two digits:

Bitcoin address:

  • Starts with “1” or “3”
  • Length 26-35 characters

Ethereum address:

  • Starts with “0x”
  • Length is 40 characters

Why virtual Currency wallet addresses have different digits?

Bitcoin and Ethereum use different encryption algorithms, which results in their wallet addresses having different number of digits.

  • Bitcoin: Using elliptic curve cryptography (ECC), a 256-bit public key is generated, which is then hashed using the Bitcoin address algorithm to create a wallet address .
  • Ethereum: Hash the public key using the Keccak hashing algorithm to generate a 160-bit hash value, then prepend "0x" as prefix.

Wallet addresses of other virtual currencies

Different types of virtual currencies have different wallet address formats and digits. For example:

  • Litecoin: 33-34 digits
  • Ripple: 34-35 digits
  • Dogecoin: 33 bits
  • Bitcoin Cash: 34-35 bits

Note:

A virtual currency wallet address is a public address for sending virtual currency to or from your wallet. It is very important to keep these addresses secret as anyone with these addresses can access your funds.

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