Accounts
Tezos uses two types of accounts:
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Classic accounts (also known as implicit accounts) with an address, storing tez (ꜩ). These accounts have addresses that start with "tz1", "tz2", "tz3" or "tz4." Any wallet application or the Octez command-line tool can create implicit accounts.
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Smart contract accounts (also known as originated accounts) with an address, storing code and tez (ꜩ). Originated accounts have addresses that start with "KT1." Creating an originated account is part of the process of deploying a smart contract; see Smart contracts.