accounts

Accounts

• Accounts
  • Implicit accounts
  • Smart contracts
  • References

Implicit accounts

An account that is linked to a public key. An implicit account cannot include a script and cannot reject incoming transactions. The address prefix indicates the instantiation of EdDSA signature scheme for the associated public key, i.e. 'tz1' indicates Ed25519, 'tz2' indicates ECDSA over Secp256k1, and 'tz3' indicates ECDSA over P256^[1].

Smart contracts

An account which is associated with a Michelson script. Smart contracts are created with an explicit origination operation and are sometimes called originated accounts. The address of a smart contract always starts with the letters 'KT1'.

References

1. https://tezosguides.com/wallet_integration/signatures/