Base58 check encoding

This encoding takes the binary byte arrays and converts them into a human-readable format. This string is created by using a set of 58 alphanumeric characters.

Instead of Base58, Base64 could also be used, but that would have made some characters look identical, which could have resulted in identical-looking data. The Base58 symbol chart used in Bitcoin is specific to Bitcoins and was used only by Bitcoins at the time of creation. The following table shows the value and the character corresponding to it in the Base58 encoding: