Monero public address is what you publish to get paid.
An address can be generated offline and for free. It boils down to generating a large random number representing your private spending key.
Publishing your Monero address does __not__ endanger your privacy. That's because in Monero transactions go to stealth addresses which are decoupled from your public address.
Its strength is simplicity. However, these days users should prefer receiving to subaddresses instead.
Technically, raw address is also a basis for creating subaddresses and integrated addresses.
Raw address is **still useful for**:
* accepting block reward in a solo-mining scenario as other addresses are not supported
* accepting from senders who batch payouts (like mining pools); in this scenario the sender is paying multiple parties using a single transaction; such transaction has multiple outputs; subaddresses do not work in this scenario
* accepting from senders who use legacy wallets (can't send to subaddress)
Monero raw address is composed of two public keys:
0 | 1 | identifies the network and address type; [18](https://github.com/monero-project/monero/blob/793bc973746a10883adb2f89827e223f562b9651/src/cryptonote_config.h#L149) - main chain; [53](https://github.com/monero-project/monero/blob/793bc973746a10883adb2f89827e223f562b9651/src/cryptonote_config.h#L161) - test chain
1 | 32 | public spend key
33 | 32 | public view key
65 | 4 | checksum ([Keccak-f[1600] hash](https://github.com/monero-project/monero/blob/8f1f43163a221153403a46902d026e3b72f1b3e3/src/common/base58.cpp#L261) of the previous 65 bytes, trimmed to first [4](https://github.com/monero-project/monero/blob/8f1f43163a221153403a46902d026e3b72f1b3e3/src/common/base58.cpp#L53) bytes)
It totals to 69 bytes. The bytes are then encoded ([src](https://github.com/monero-project/monero/blob/8f1f43163a221153403a46902d026e3b72f1b3e3/src/common/base58.cpp#L240)) in [Monero specific Base58](/cryptography/base58) format, resulting in a 95 chars long string. Example main address:
See the [source code](https://github.com/monero-project/monero/blob/f7b9f44c1b0d53170fd7f53d37fc67648f3247a2/src/cryptonote_basic/cryptonote_basic_impl.cpp#L159).