Address is a string of text and numbers that identify the location of a particular wallet on the blockchain. Every crypto address is unique and stores a specific location of a wallet on the blockchain. The wallet address itself is designed to be only read by computer networks as it is a long string of alphanumeric.
An example of a bitcoin wallet address looks like this: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy
Furthermore, blockchain addresses are public and you can use a blockchain explorer to see the entire transactions of an address. Even though these addresses are public, most of them are pseudonymous as you can’t see the real name of the person owning the address.
However, there are cases where addresses and the person or entity behind them are known, as is the case with token project owners such as Ethereum founder Vitalik Buterin.
The distribution of digital assets to wallet addresses, usually to spread awareness of a new cryptocurrency.
A computer that connects to a blockchain network and communicates with other participants to ensure the security and ...