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Results tagged with address
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user 15412
Tells a user how to pay a recipient. Bitcoin addresses are strings consisting of numbers and letters that begin with '1', '3', or 'bc1'. Addresses encode the recipient's output script that includes either a public key or a hash of a public key or script. Bitcoin addresses should not be confused with mailing addresses or IP addresses.
4
votes
Accepted
How does the bitcoin network disallow people generating a key pair already generated?
Yes, it is possible to create an already generated and in use address. The chances of that is indeed larger then 0, but minimalistic. But really small. … It is definitely NOT something to be considered as a weakness, never ever (because it will cost more energy before you have 50% to hit a duplicate address then the whole sun provides in its whole life …
- 1,426
1
vote
How does cryptsy.com currency trading works?
You do not own a LTC-address (or BTC, or any other altcoin) on cryptsy or any other virtual currency exchange site. You can however see your balance of all crypto currencies in the 'Balance' tab. … If you want to have your LTC in an address, you should download an LTC-wallet app, and create a wallet in there, and then withdraw (from cryptsy) to that wallet. …
- 1,426
2
votes
Do receiving addresses expire on Multibit?
But to answer the question: addresses do NOT expire. Not in Multibit, not in cold storage, not online (unless the site retired and you do not have an offline private key or wallet), nor any other wall …
- 1,426
1
vote
How to distinguish addresses currencies apart on php
A Bitcoin address always start with 1 or 3.
A [Litecoin] address always starts with the letter L.
A Peercoin address starts with the letter P. …
- 1,426