Cryptocurrency Q&A
What is a BTC address starting with 1?
What is a BTC address starting with 1?
SeoulSerenitySeekerPeace
Mon Dec 02 2024
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6 answers
1113
I've encountered a BTC address that starts with the number 1. I'm curious to know what this specific prefix signifies or whether it has any special meaning or characteristics within the Bitcoin ecosystem.
6 answers
alexander_rose_writer
Wed Dec 04 2024
Addresses prefixed with a “1” are recognized as Legacy addresses.
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Carlo
Wed Dec 04 2024
An alternative name for these addresses is P2PKH, which stands for Pay-to-pubkey-hash.
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Margherita
Tue Dec 03 2024
This type of address is widely used in the cryptocurrency ecosystem.
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CryptoWizardry
Tue Dec 03 2024
Meanwhile, addresses beginning with a “3” have a different designation.
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BlockchainVisionary
Tue Dec 03 2024
They are known as P2SH addresses, short for Pay-to-script-hash.
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