Address

Definition: An address is a 42-character hexadecimal string derived from the last 20 bytes of the Keccak-256 hash of the public key. It serves as a unique identifier that allows users to send and receive ETH and tokens, and interact with smart contracts on the Ethereum network.

Category: Blockchain

Example: An Ethereum address is similar to an email address or online banking account number through which transactions can be sent and received.