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What are the differences between Ethereum addresses and Bitcoin addresses?

avatarOrozbek AbdumamatovNov 26, 2021 · 3 years ago1 answers

Can you explain the key differences between Ethereum addresses and Bitcoin addresses? I'm curious to know how they differ in terms of structure, format, and usage.

What are the differences between Ethereum addresses and Bitcoin addresses?
Ethereum Addresses
Bitcoin Addresses
Cryptocurrency

1 answers

  • avatarNov 26, 2021 · 3 years ago
    Ethereum addresses and Bitcoin addresses have some distinct differences. Ethereum addresses are used in the Ethereum network, which is known for its smart contract capabilities. Bitcoin addresses, on the other hand, are used in the Bitcoin network, which is primarily focused on peer-to-peer transactions. Ethereum addresses are longer and more complex, consisting of 42 characters starting with '0x', while Bitcoin addresses are shorter and simpler, typically 34 characters long. Ethereum addresses are case-sensitive, meaning that uppercase and lowercase letters are considered different, while Bitcoin addresses are case-insensitive. Overall, Ethereum addresses offer more functionality and versatility due to the broader capabilities of the Ethereum network. So, if you're looking for more than just basic transactions, Ethereum addresses are the way to go.

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