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Ethereum: Difference Between Public Bitcoin Address and Bag 160 Address
When working with Ethereum, you may face two addresses that seem similar at first glance: the public address of Bitcoin (PBA) and hash 160. Although they May look identical, there are main differentences Bethal Two Addresses.
Public Bitcoin Address (PBA)
PBA is a unique identifier or Each Ethereum Network Public Address. This is a line of characters depicting a specific ethereum account. Once you get eather (Eth) or other erc-20 tokens from another ethereum user, their pba will be sent to your ethereum wallet as proof of ownership.
Here are some reasons Why it is called bitcoin address:
* Unique
: Each PBA is Unique and Cannot Be Reussed.
* Hashed Version : The First Three Characters (4 Hexagonal Digits) Are an account Balance Bag Before Adding Any Fees. This Ensures That The Same Address Will Never Be Able To Get Ether or Other Tokens.
* Domain name : In some cases it is called “domain name” because it looks like a domain name.
hash 160 address
On the other hand, the hash 160 address is another way to represent the public ethereum address. It is similar to pba but uses a different format:
* Four SixteENTH Digits : The First Four Characters (4 Hexagonal Digits) Are the Account Balance Bag Before Adding Any Fees.
* hash 160 : This bag is more resistant to collisions and is of referred to as “bag 160”.
Main Differences
So why do we have both the pba and the hash 160 address? Here are some major Differences:
* Purpose : The main pba goal is to serve as a unique ethereum account identifier. The Hash 160 Address is a Similar goal, but with additional safety features.
* Security : The hash 160 address has additional security features Such as collisions and increased durability compared to pba.
* Compatibility : 160 Bag Address is compatible with both MAINNET and TESTNET Ethereum Networks.
When to use each address
To Show the Difference:
- Use pba when:
+ You get ether or other erc-20 tokens from another user as proof of ownership.
+ You want to depict an Ethereum Network account in A Simple, Human -read Format.
- Use a bag 160 address when:
+ You must saber -protect and scan accounts by Supplementing Protection Against Collisions.
+ You work with legacy or older versions or blockchain that do not support pba.
In Conclusion, Although the PBA and hash 160 Address Are Used to Representation Public Ethereum Addresses, They Serve to Different Purposes and Sacrifice Additional Security Functions. Understanding the Differences between thesis two addresses will help you browse the ethereum world more effective.