Labels are short, easy-to-remember words for long, complicated wallet addresses. For example, it is a lot easier to remember the label "My-wallet" than it is to remember the wallet address "bE42h4Ppy787l4k1rJwnkncXYxj72LhnyU...".


When you create an address using your Wallet, or using the API call, we create a random wallet address for you.  If you wish to label this wallet address, you can specify this an alpha-numeric string in the input field on the Create Address dialog, or pass it as a value to the label parameter in the API call.