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Addresses vs. Private Keys

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Overview

What is the difference between public keys and addresses?

How are new addresses generated?

How are change addresses generated?

Why have two outputs?

Do you still pay fees if you are sending bitcoin to new addresses in your own wallet?

These are just a few of the questions most commonly asked by those new to cryptocurrency. For answers, we turn to the master of bitcoin education, Andreas Antonopoulos – a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

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