Monday, 5 November 2018

Here’s what a Bitcoin address does (and why you definitely shouldn’t reuse it)


Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Using a Bitcoin address for the first time is definitely cool, but it’s also a little confusing. Is it a wallet? Is it a username? Well, it’s neither. Bitcoin addresses are not all that complicated, but they are a little strange. Let’s demystify the whole thing by explaining what actually happens when you interact with Bitcoin addresses. (Hint: You don’t store Bitcoin in an address!) A Bitcoin address is a destination A Bitcoin address is a string…

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https://ift.tt/2D2cGSc David Canellis November 05, 2018 at 12:01PM

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