Cryptocurrency Q&A How many bits are in an address?

How many bits are in an address?

CryptoLodestar Sat Sep 28 2024 | 7 answers 1544

Could you please elaborate on the concept of "bits" in relation to cryptocurrency addresses? Is there a standard number of bits that comprise a cryptocurrency address, and if so, what is it? Understanding the makeup of these addresses is crucial for secure transactions and managing digital assets, so I'm keen to learn more about this aspect of the technology. How many bits are in an address?

How many bits are in an address?

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