What's the differences between wallet address, protocol address, contract address?

I am confused between wallet address,protocol address and contract address, and there is pool address as well. And then there is projects. I am a beginner and get confused between the differences between all these.

In flipside crypto databases, has all these addresses mentioned. But I very much confused with protocol address and contract address or there is no protocol address and just a contract addresses indicating a protocol.

The concept of an address is basically the same for wallets or contracts, the use case for an address is what can be different.

A wallet address will store only the balance of it. (and other info related to the wallet, like nonce)

While a contract address will have an “extra feature” to execute specific instructions (code) in it.

For example, the ChainLink Token (LINK) its an ERC20 smart contract.
To transfer LINK from a wallet to another, you interact with the LINK contract address and execute the method “transfer”.

A liquidity pool its an smart contract that can manage a group of tokens. More Here.

A protocol its a group of smart contracts that execute something, in the case of Uniswap, its a DEX.

You can read more deatils of it here: https://ethereum.stackexchange.com/questions/51647/the-difference-between-contract-address-and-wallet-address

Hope this helps :nerd_face:

Carlos Z

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Wao thanks. This was quite helpful. So in nutshell, everything as in rules, wallets, tokens, pools all have their specific addresses having different purposes.

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