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At its core, this address is a legacy Bitcoin address based on the P2PKH (Pay-to-Pubkey-Hash) format. In the Bitcoin protocol, an address is not the public key itself, but rather a cryptographic hash of it.
Network Validation: Every node on the Bitcoin network checks the signature against the 1Feex public key. If they don't match, the transaction is rejected instantly. Key Technical Facts
Here's a step-by-step explanation:
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