Cryptocurrency Q&A
What is a 3 Bitcoin address?
What is a 3 Bitcoin address?
EmmaWatson
Mon Dec 02 2024
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5 answers
679
I've heard about Bitcoin and cryptocurrency, but I'm confused about the different types of addresses. Specifically, I want to know what a 3 Bitcoin address is. Can someone explain it to me in simple terms?
5 answers
KimchiQueenCharmingKissWarmth
Wed Dec 04 2024
P2SH addresses offer a layer of security and flexibility in transactions.
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EthereumLegend
Wed Dec 04 2024
Among the various types of P2SH addresses, one of the most prevalent is the "Wrapped Segwit."
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Raffaele
Wed Dec 04 2024
Addresses that commence with the digit "3" are categorized under a special format.
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Michele
Wed Dec 04 2024
Wrapped Segwit addresses are designed to enhance the efficiency of transactions on the blockchain.
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SamuraiWarrior
Wed Dec 04 2024
This format is recognized in the cryptocurrency world as P2SH, which stands for Pay-to-script-hash.
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