# Address Types [**Walletium**](https://t.me/walletiumbot) is a completely new kind of **ecosystem** where powerful functionality meets simplicity. Our project aims to create a **hybrid tool** that brings together users, [**crypto**](https://wiki.walletium.net/knowledge-base/glossary#cryptocurrency), and[ **fiat**](https://wiki.walletium.net/knowledge-base/glossary#fiat) in one place, offering an all-in-one interface that makes [**blockchain**](https://wiki.walletium.net/knowledge-base/glossary#blockchain) technology easy to use. *** **Different types of addresses are necessary to suit the various tasks users need to complete.** **For example:** * Sometimes, a user needs an address just to monitor a balance. * Other times, a one-time [**Deposit address**](https://wiki.walletium.net/walletium-object/address-types/deposit) can be required for a specific purpose. * In some cases, a permanent address is necessary for ongoing use. * For operations directly on the blockchain, special [**Shared addresses** ](https://wiki.walletium.net/walletium-object/address-types/shared)might be required. Each task requires a specific type of address to handle it effectively. *** **Walletium ecosystem** is built around three main types of addresses—[**Native**](https://wiki.walletium.net/walletium-object/address-types/native), [**Deposit**](https://wiki.walletium.net/walletium-object/address-types/deposit), and [**Master**](https://wiki.walletium.net/walletium-object/address-types/deposit)—which are central to how the system works. Let’s start with a general overview, beginning with the **addresses** as its **key elements**. A crypto address is a unique **identifier** on the [**blockchain**](https://wiki.walletium.net/knowledge-base/glossary#blockchain), similar to a phone number or email address but with one key difference: it is fully [**decentralized**](https://wiki.walletium.net/knowledge-base/glossary#decentralization) and **accessible only by the person with the corresponding private key.** A wallet can contain multiple addresses, each potentially holding **different types of assets**. Within a wallet, you can manage all associated addresses and their respective assets. {% hint style="info" %} **Each address is made up of two key parts:** * Public Address: Used to receive crypto, safe to share with others. Displays balance and transaction history publicly (see[ **blockchain transparency**](https://wiki.walletium.net/knowledge-base/glossary)). * Private Key: A secret code that grants control over your assets. Ownership of the private key determines access over the associated address and its assets (see [**private key management**](https://wiki.walletium.net/knowledge-base/glossary)). {% endhint %} **So each address in your wallet has 2 main parameters - blockchain and key storage type.** *** ## **Public Address vs. Private Key** **Public Address**\ A public address is a string of characters typically ranging from 26 to 42 characters, depending on the blockchain. **It’s safe to share since it only allows others to send funds, not access them.** The public address is derived from the private key and exists on the blockchain as a destination for your assets. **Private Key**\ The private key is a randomly generated, 64-digit hexadecimal number that gives **full control over the wallet's assets. Whoever holds the private key owns the associated address and, therefore, the funds it holds.** {% hint style="info" %} Our [**backup system**](https://wiki.walletium.net/security-and-privacy/backup-and-recovery) ensures you can easily recover your wallet, keeping your private key secure and ensuring your exclusive access to your assets. {% endhint %} *** ## **How They Work Together** The **private key** generates the **public key**, which is then used to create the **public address**. The public address is shared to receive crypto, but only the private key can unlock the assets. This ensures that while anyone can send you funds, only the person who owns the private key can manage them. *** ## Wallet Assets **Walletium Keyring Overview** 📜

Walletium organizes various address types, primarily differing by private key ownership.

[**Walletium**](https://t.me/walletiumbot) **represents around 90%** of the total crypto market capitalization. It supports various blockchains such as **Bitcoin (BTC)**, **Ethereum (ETH)**, **Binance Smart Chain (BNB)**, **TRON**, **TON**, and **Walletium Chain**. These addresses can store: * **Cryptocurrencies** like [**Bitcoin**](https://wiki.walletium.net/knowledge-base/glossary#bitcoin) and [**Ethereum**](https://wiki.walletium.net/knowledge-base/glossary#etherium) * **Stablecoins**, which are tied to assets like the US dollar * **Altcoins**, [**TEX** ](https://wiki.walletium.net/knowledge-base/glossary)+ other cryptocurrencies. {% hint style="info" %} Your wallet reflects a copy of blockchain data, showing balances for each [**asset**](https://wiki.walletium.net/knowledge-base/glossary#asset). Except for custodial [**Walletium Native addresses**](https://wiki.walletium.net/walletium-object/address-types/native), where assets are actively managed and can be **stored**, **swapped**, **withdrawn**, or **transfered**. {% endhint %} ***
Native AddressNative.pngnative
Deposit AddressDeposit.pngdeposit
Private AddressPrivate.pngprivate