Crypto Wallets

Key Takeaways Blockchain addresses differ by technical format (how they are encoded) and by usage role (how they are used in practice). Sending funds to an incompatible address type or wrong network can result in permanent loss, so always verify the chain and format before transacting. Newer address formats like SegWit and Taproot offer lower fees and better efficiency compared to legacy formats. In This Article Public Address Contract Address Legacy Address Refund Address Vanity Address Withdrawal Address Deposit Address Change Address (UTXO Networks) Multisignature (Multisig) Address Custodial and Non-custodial Addresses Bridge or Escrow Address Burn Address Human-readable Name Service Addresses Watch-only Address Privacy-enhanced or One-time Addresses How Blockchain Addresses Are Generated Address Taxonomy If you've ever copied a long string of letters and numbers to receive crypto, you've used a blockchain address.