I actually don’t know for sure but I do know that ages ago when I was curious about crypto all the guides said to triple check recipient IDs being perfect so that the “money” didn’t go into the void or the wrong wallet.
Depends on client but yeah you can absolutely send a transaction(and thus lose your coins) to a non-existent address that fits the format of addresses and there’s zero protection from fat-fingering an address that is one char off from another
When I’ve used it payment has been through QR code. I use cash app for my bitcoin payments so I guess it’s different for anyone who has their own coins though.
Is there no checksumming on the IDs?
I actually don’t know for sure but I do know that ages ago when I was curious about crypto all the guides said to triple check recipient IDs being perfect so that the “money” didn’t go into the void or the wrong wallet.
Depends on client but yeah you can absolutely send a transaction(and thus lose your coins) to a non-existent address that fits the format of addresses and there’s zero protection from fat-fingering an address that is one char off from another
Incredible technology
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When I’ve used it payment has been through QR code. I use cash app for my bitcoin payments so I guess it’s different for anyone who has their own coins though.