Bitcoin Forum

Other => Beginners & Help => Topic started by: Bitgran on January 14, 2014, 08:08:37 PM



Title: Wallet addresses?
Post by: Bitgran on January 14, 2014, 08:08:37 PM
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Title: Re: Wallet addresses?
Post by: therobotswillwin on January 14, 2014, 08:19:26 PM
Different currencies have different prefixes.  I assume it's based on part of the encryption algorithm, but don't know for sure.  All of the addresses for a single coin share the same prefix from what I have seen.


Title: Re: Wallet addresses?
Post by: tompa555 on January 14, 2014, 08:25:25 PM
every coin address starts with first letter. like doge, starts with D********. I think only BitCoin don't have such rule. go to https://www.cryptsy.com there you can see all coins with their symbols. Their tree letters to be correct.


Title: Re: Wallet addresses?
Post by: DannyHamilton on January 14, 2014, 08:42:59 PM
The format of a crypto-currency address is entirely up to the choice of the creators of that crypto-currency.

Many of the creators of various alt-coins have chosen to use a format similar to bitcoin, but with a different starting character (or set of characters) so that they won't be confused with bitcoin addresses (or the addresses of other alt-coins).

If I recall correctly, bitcoin has 2 different types of addresses that it supports right now. It uses a different starting character to differentiate between the 2 types of addresses.  The standard single signature address always starts with a 1.  I think if you create a multi-sig address, then it starts with a 3, but I could be mistaken.


Title: Re: Wallet addresses?
Post by: Picoin on January 14, 2014, 08:43:47 PM
Yeah, altcoin dev's can use the prefix they like.