Definition
An address in blockchain is a unique string of characters used to identify a destination on a network for sending and receiving digital assets or data. It functions as a public identifier linked to a wallet or account, allowing others to direct funds or tokens to that location without revealing the owner’s personal identity.
In Simple Terms
An address is like a public label on a blockchain that shows where coins or tokens can be sent. It is a long code made of letters and numbers that points to a specific wallet or account, so people and apps know exactly where to deliver digital money or assets.
Context and Usage
The term address appears in discussions about sending and receiving cryptocurrency, viewing balances on block explorers, and identifying accounts on different blockchains. Each network defines its own address format, and users often manage multiple addresses within a single wallet. Addresses are central to tracking ownership and movement of digital assets across blockchain systems.