An Ethereum wallet address is a unique identifier for storing and receiving Ethereum and ERC-20 tokens, generated by the following steps: Generate private key Generate public key using private key and ECC Hash the public key Generate address Add to the address value prefix and checksum, forming a 42-bit address.
The Ethereum wallet address is a unique identifier used to store and receive Ethereum and ERC-20 tokens. When downloading an Ethereum wallet, the address will be generated as part of the wallet.
Principle of address generation
The generation process of Ethereum address is as follows:
Download address
When downloading an Ethereum wallet, you will usually receive a torrent file containing a private key or mnemonic phrase. Using these private keys or mnemonic phrases, the wallet application will generate your wallet address using the process described above.
Address Security
Ethereum addresses are associated with private keys, which are the key to accessing wallet funds. Therefore, it is important to protect your private keys and avoid exposing them to others. Anyone with your private key can access your wallet funds.
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