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Whats the difference between testnet and livenet addresses ? Similar to bitcoin does stellar has different address scheme for testnet ?

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Addresses are the same no matter what network you are on.

Transaction hashes are different, however.

(The transaction hash pre-image is formed by taking the network ID, and appending the transaction envelope XDR to it.)

1

I think both live and test use same schema to generate addresses https://stellar.github.io/js-stellar-sdk/Keypair.html

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