On the Hedera network, an Account ID, rather than a public key, is used to transfer cryptocurrency because it provides a simplified address, acting as a shorthand for the more fundamental public keys associated with accounts. The Account ID (e.g. 0.0.1234) represents a public/private key pair on Hedera and is used to improve performance of transactions in the network. The triplet format of x.x.xxxx is designed to provide future flexibility for differentiating between accounts on different shards and realms.
Articles in this section
- Can I create an account after OA?
- How can I add another mainnet account to my Hedera Portal profile?
- Why am I still paying for hbar balance lookups in the Hedera Wallet?
- Where can I find my Hedera Wallet passphrase?
- How do I verify my contacts in my Hedera Wallet?
- How do I sync / update my account balance in the Hedera Wallet?
- What's the Account ID in my Hedera wallet and how is it different than my public key?
- Where do I find my account ID?