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Definition: crypto address


The identification of a sender or receiver of cryptocurrency on a blockchain network. Crypto addresses are derived from private keys and are just a bunch of alphanumeric characters. They do not identify the participant by name. However, if an address is matched with the name of a person either by a hacker, government agency or a flaw in some software component, a person's transactions and coin balance can be easily viewed by anyone using that address (see block explorer). See Bitcoin address and crypto glossary.