Definition of Wallet Address

Wallet Addresses, also plainly refered as Addresses, is the string of alphanumeric where your cryptocurrencies are stored. An example of a wallet address on the Bitcoin Protocol is "3KJmVaMzKRxKbKTMQmfnKzecpsExs8tbkk" (CoinGecko's Bitcoin Donation address). Where the beginning "3" signifies that the addresses uses P2SH encoding, which is cheaper that sending to "1" addresses whilst still support "bc" addresses.

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Related Terms

Hash

A hash function is an output code (unique and alphanumeric) that we obtain from an input string,

Market Order / Market Buy / Market Sell

A market order is a buy or sell order of stocks or cryptocurrency at the best price available in the current market as soon as possible.

Market capitalization (market cap)

In Crypto, market cap is measured by multiplication of the circulating supply of tokens or currency and its current price

Difficulty

A relative measure on how difficult it is to correctly guess a new block

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