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What is an Ethereum address?

An Ethereum address is a 42-character hexadecimal address derived from the last 20 bytes of the public key controlling the account with 0x appended in front. e.g., 0x71C7656EC7ab88b098defB751B7401B5f6d8976F. Basically, the Ethereum address is the "public" address that you would need to receive funds from another party through the Ethereum network.

Is it safe to send money to an Ethereum address?

Ethereum addresses have a public key and private key. Then, for various reasons, the to keys go into a function that makes a shorted, 20-bytes Ethereum address which is safe to pass around. E.g. send money to my address, "0x123..."

Who invented Ethereum?

Vitalik Buterin, credited with conceiving Ethereum, published a white paper to introduce it in 2014. 3 The Ethereum platform was launched in 2015 by Buterin and Joe Lubin, founder of the blockchain software company ConsenSys. 4 5

Is Ethereum a proof-of-stake?

Ethereum’s transition to the proof-of-stake protocol, which enables users to validate transactions and mint new ETH based on their ether holdings, is part of a significant upgrade to the Ethereum platform. Previously called Eth2, this upgrade is now referred to only as Ethereum. However, Ethereum now has two layers.

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