Possessing custom letters and numbers, the Vanity Address pertains to the cryptocurrency public address usually picked by its owner. This can be shared by its owner should they desire to be sent funds. This type of cryptocurrency address contains personalized human-readable messages.
The traditional Bitcoin address may be displayed as “3P4glGKlpKJrgvj4n7GBgnLNqBdjVgf3jx”, while a Bitcoin vanity address may look like this: “3LoveBPzzD72PUXLzCkYAtGFYmK5Vynr33”. This is still a valid Bitcoin address that contains the word “Love” as the first four base alphanumeric sequence.
To produce a Vanity Pattern, the user needs to generate and test millions of candidate private keys until the most desirable personalized pattern is created. The process of selection involves the random selection of a private key, getting the address, and then checking if it matches the desired vanity pattern. Should it not match, then the process is repeated millions of times until the wanted pattern is discovered.