Which format does NEAR use for its wallet addresses?

3 answers

• CloudyJun 21, 2024 · 2 years ago
  NEAR uses a format called Base58 for its wallet addresses. This format is commonly used in many cryptocurrencies, including Bitcoin and Ethereum. It is a human-readable format that uses a combination of letters and numbers, excluding easily confused characters like 0, O, I, and l. This format helps to reduce the chances of errors when manually entering wallet addresses.
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• KengLoon SiaOct 05, 2024 · a year ago
  NEAR wallet addresses are formatted using Base58. This format is widely adopted in the cryptocurrency industry due to its efficiency and error prevention. It allows for easy readability and eliminates characters that can be easily mistaken for one another. By using Base58, NEAR ensures that users can accurately send and receive funds without the risk of losing them due to typos or other input errors.
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• marktsumiMar 20, 2022 · 4 years ago
  When it comes to wallet addresses, NEAR follows the industry standard and uses Base58 format. This format is widely recognized and accepted by most cryptocurrency platforms. Base58 provides a balance between efficiency and readability, making it a popular choice for representing wallet addresses. It is important to note that different cryptocurrencies may use different formats for their wallet addresses, so it's always a good idea to double-check the specific format required by the platform you are using.
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