I'm trying to understand the concept of a wallet address or name. Could someone explain what it is in simple terms? I'm new to this and need clarification.
7 answers
lucas_emma_entrepreneur
Thu Dec 05 2024
A wallet address represents a unique identifier created through a random process.
Martino
Thu Dec 05 2024
This identifier is composed of a blend of numbers and letters, serving as a recognition tool.
CherryBlossomDance
Wed Dec 04 2024
Without a wallet address, users cannot send or receive these digital assets.
HanRiverWave
Wed Dec 04 2024
Typically, a wallet address contains between 26 to 35 alphanumeric characters.
KatanaBladed
Wed Dec 04 2024
In an ideal scenario, each wallet address is unique and generated solely for a single transaction.