|
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.
|