Ethereum: DIFFERENCE OF THE PUBLIC BITCOIN address and bag 160 address
While working with Ethereum, you may encounter two addresses that seem at first glance: Bitcoin (PBA) and Hash 160’s public address. Although they may look identical, there are the most important differences between the two addresses.
Public Bitcoin Address (PBA)
PBA is a identifier that identifies every public address on every Ethereum network. This is a line of signs that represent a particular Ethereum account. When you get an ether (ETH) or other ERC-20 characters from other Ethereum users, their PBA will be sent to your Ethereum wallet as evidence of ownership.
Here are some reasons why it is called Bitcoin:
* Unique
: Each pba is unique and cannot be used again.
* Distributed Version
: The first three characters (4 hexagonal numbers) are the account balance before adding rewards. This ensures that the same address will never be able to get an ether or other tokens.
* Domain : In some cases it is called “domain name” because it looks like a domain.
Hash 160 address
On the other hand, the Hash 160 address is another way to represent the public’s Ethereum address. It is similar to PBA but use a different form:
* Four sixteenth digits : The first four characters (4 six -corner numbers) are the account balance bag before adding rewards.
* Hash 160 : This bag is more resistant to collisions and is often called “Bag 160”.
General Differences
So why do we have both PBA and Hash 160? Here are some great differences:
* Purpose : The main goal of the PBA is to act as a unique Ethereum account. The Hash 160 address is a similar goal, but with extra safety features.
* Safety : The Hash 160 address has additional security features such as collisions and increased durability compared to PBA.
* Compatibility : 160 The address of the bag is compatible with both Mainnet and Testnet Ethereum networks.
When each address is used
Demonstration of Differences:
- Use PBA when:
+ You get an ether or other ERC-20 characters from another user as evidence of ownership.
+ You want to describe the Ethereum Network account in a simple, human reading format.
- Use the bag 160 addresses when:
+ You must safely protect and scan the accounts by replenishing protection against collisions.
+ You work with Blockchain’s old or older versions that do not support PBA.
In summary, the PBA and Hash 160 address is used to represent public Ethereum addresses, they serve different purposes and provide additional security functions. Understanding the differences between the two addresses will help you browse the Ethereum world more effectively.