Photo by Emil Kalibradov on Unsplash

Bitcoin wallet addresses … ‘1’ or ‘3’?

In creating bitcoins, Satoshi created a P2PKH (Pay to Public Key Hash) address. These addresses are used to identify the wallet to be paid and links to the public key of the owner. Basically, when a payer signs a transaction with their private key, this signature can be checked again the wallet address.

The original addresses started with a ‘1’, such as [here]:

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Prof Bill Buchanan OBE

Prof Bill Buchanan OBE

Professor Cryptography. Serial innovator. Believer in fairness, justice & freedom. EU Citizen in heart. Living by the sea. Old World Breaker. New World Creator.

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