diff --git a/readme.md b/readme.md index 05a3540..3e1ae4c 100644 --- a/readme.md +++ b/readme.md @@ -10,4 +10,11 @@ This will give you : [Visit the Bitcoin Wiki](https://en.bitcoin.it/wiki/Technical_background_of_version_1_Bitcoin_addresses) +This is a demo, it uses Legacy Bitcoin addresses, which start with a 1 for P2PKH (Pay-to-Public-Key-Hash) addresses. +Address Formats in Bitcoin + Legacy Addresses (Base58Check): + Format: Starts with 1. + Example: 1PMycacnJaSqwwJqjawXBErnLsZ7RkXUAs. + Encoding: Base58Check encoding. + Type: P2PKH (Pay-to-Public-Key-Hash).