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OP is not looking for a physical tangible object. Minor other cleanup.
RedGrittyBrick
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What exactly is an address in bitcoin

Here is what I've understood of bitcoin:

  • Everybody has a public and private key.
  • If A sends bitcoins to B:
    • B is generating an address and sends it to A
    • This addresses are generated for each transaction.
    • A needs to sign something with his private key and B's address

Am I wrong?

If not, I want to understand how this address is computed.

I have read it is a kind of public key computed from private key. That's it? So we can have many public keys which match to a common private key? I have also read the address is derived from the public key.

Bob5421
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