A public address in blockchain refers to a unique identifier used to receive or send digital assets, which is generated from the private key that should be kept secret for security. Once you need to receive digital assets, you provide your address to the sender, who then uses it to transfer the funds to your wallet. Conversely, when you want to send digital assets to someone else, you need their address. Blockchain addresses are designed to be secure and allow for secure transactions on blockchain networks.

Written by Primex Finance
Updated over a year ago