How is a Bitcoin address generated?

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The process of generating a Bitcoin address involves utilizing a one-way cryptographic hashing technique. This method ensures that the address is derived from the associated public key in a secure and irreversible manner.

A hashing algorithm plays a crucial role in this process. It serves as a mathematical function that takes an input of any size and produces a unique output, known as a hash.

The primary characteristic of a hashing algorithm is its one-way nature. This means that it is computationally infeasible to reverse the process and retrieve the original input from the hash.