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What is the format of an Ethereum wallet address?

avatarAchmad nurhidayat DayatDec 24, 2021 · 3 years ago3 answers

Can you explain the format of an Ethereum wallet address in detail? I'm new to Ethereum and want to understand how the wallet addresses are structured.

What is the format of an Ethereum wallet address?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! An Ethereum wallet address is a 40-character string that starts with '0x'. It is generated using a cryptographic algorithm and represents a unique identifier for a user's Ethereum wallet. The address is case-sensitive and can contain both letters and numbers. For example, '0x1234567890abcdef1234567890abcdef12345678' is a valid Ethereum wallet address.
  • avatarDec 24, 2021 · 3 years ago
    An Ethereum wallet address is like a bank account number for the Ethereum network. It is used to send and receive Ethereum and other tokens on the network. The format of the address is standardized and follows a specific structure. It consists of a prefix '0x' followed by a combination of letters and numbers. The length of the address is always 40 characters. It's important to double-check the address before making any transactions to ensure that you're sending funds to the correct recipient.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, explains that an Ethereum wallet address is a unique identifier used to receive or send Ethereum. The format of the address consists of a prefix '0x' followed by a combination of 40 hexadecimal characters. It is important to note that Ethereum addresses are case-sensitive, so even a single character difference can result in sending funds to the wrong address. Always verify the address before initiating any transactions to avoid any potential loss of funds.