Cryptocurrency Q&A
Can a bitcoin address start with 3?
Can a bitcoin address start with 3?
GeishaCharming
Thu Dec 26 2024
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7 answers
1698
I've heard that Bitcoin addresses usually start with a 1 or a bc1, but I'm wondering if it's possible for a Bitcoin address to start with a 3. Is this a valid address format or should I be suspicious if I encounter such an address?
7 answers
RubyGlider
Fri Dec 27 2024
These addresses are rooted in the Pay-to-Script-Hash (P2SH) script type, which allows for more complex transaction scripts.
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CryptoBaroness
Fri Dec 27 2024
The Bitcoin network faced scalability issues which were eventually tackled by the introduction of SegWit.
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Claudio
Fri Dec 27 2024
SegWit stands for Segregated Witness, a soft fork in the Bitcoin blockchain that separates transaction signatures from transaction data.
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Carlo
Fri Dec 27 2024
Unlike some newer address formats, addresses starting with “3” are case-sensitive, meaning that they must be entered exactly as they appear.
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Eleonora
Fri Dec 27 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users.
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