Change Address

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Change Address

What is Change Address?

Change addresses are a feature of cryptocurrencies that enable users to carry out transactions with precise dollar amounts, even if the transaction doesn’t represent the entire output being spent.

It is comparable to when individuals exchange currency. The consumer will receive $15 in change if they pay with a $50 bill but the transaction only cost $35. When employing a change address, a bitcoin transaction’s difference between the total amount paid and the entire transaction cost is returned to the user as change.


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