What is an Ethereum address?
An Ethereum address is a unique identifier that is used to send and receive Ether (ETH) and other Ethereum-based tokens.
It is a long string of alphanumeric characters that begins with the letter “0x”. An Ethereum address can be thought of as similar to a bank account number, as it allows users to receive funds from other users on the Ethereum network. An Ethereum address is generated by running an algorithm on a user’s private key, which is a long string of random numbers and letters.
This algorithm produces a unique public address that can be shared with others in order to receive payments. It is important to note that an Ethereum address should never be shared with anyone else, as it contains sensitive information about the user’s wallet balance and transactions.
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