Litecoin wallet address format
It is interlinked with the social platform Steemit, where users can "mine" Steem-coins by collecting upvotes for posts. For this base function, it does not matter what you do with the public key, what cryptographic algorithm you apply to convert it litecoin wallet address format an address, and how the address looks. Compared with the addresses of other cryptocurrencies, Ethereum addresses seem to be unfinished, gross and recklessly dangerous for the user. But it demonstrates what an address is: For example, Litecoin and Bitcoin use the same prefix for P2SH addresses — 05 — so litecoin wallet address format it is possible to store both Bitcoin as Litecoin at the same address.
A lot of cryptocurrencies use nearly the same address format as Litecoin wallet address format. A look at Ethereum's addresses further litecoin wallet address format this insight. Any hexadecimal 40 character string can be an Ethereum address, which is the reason why Ethereum developers heavily dissuade users to manually type such an address, as a single typing error can result in the loss of funds. After converting the result to base58, you get the final address, which is longer than in Bitcoin.
Another difference between Ethereum and other cryptocurrencies is that Ethereum addresses have no checksum. Ethereum Addresses Like many things in cryptocurrency, the litecoin wallet address format of addresses starts to get really intriguing when it comes to Ethereum. This was planned to be a convenient method to use Bitcoins without dealing with unhandy public keys and addresses. The only thing matters are litecoin wallet address format the address serves its purpose — to enable payments to an entity which has a unique information.