Ninjastic
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Board Development & Technical Discussion
Re: Is this address format (e.g.: BTC.443860.3.56318) a good idea?
by
JFC
on 23/12/2016, 19:49:14 UTC
Quote from: Mandy420 on December 23, 2016, 01:23:46 PM
Quote from: tertius993 on December 22, 2016, 05:12:58 PM
Quote from: Mandy420 on December 22, 2016, 01:52:42 PM
Quote from: JFC on December 21, 2016, 05:32:12 PM
Quote from: Mandy420 on December 20, 2016, 05:59:53 PM
Opening new levels of discussion to improve bitcoin is a great thing but I kind of like the address format and I'm not that  a tech-savvy type of girl, I just got used to it Smiley

Hi Mandy,

it is great that you feel comfortable with the traditional bitcoin address format. But I bet that you are more tech-savvy than you think! (What are you doing in this forum if you are not?)  Wink

Regards

P.S.: Don't worry, I am not planning on deprecating the Base58Check format (not that I could even if I wanted...). I could call it 'legacy' though if I wanted to be pretentious and mean, but I will not  Wink


Ty for replying
I don't feel tech savvy at all, I'm here to learn about bitcoin as I feel it's getting serious. Regarding the address format I find it easy to proof check addresses when I want to send or receive only by checking the first and last 2 digits of the address, I bet you can't do that with your format since the numbers are variable and not fixed from what I understood Smiley

But that method is far from certain - *many* addresses could have the first and last two characters the same.

Personally, I think the OP is definitely thinking on the right lines. Whether this particular proposal is appropriate matters less than the fact that people are thinking about these issues. I think any rational observer would agree that the usability and user-friendliness of the Bitcoin eco-system in general is woeful and anything that improves it will be welcome.

I couldn't agree more with you, more people thinking about how to improve bitcoin is excellent news Smiley
Just expressed my opinion, Op keep it up Wink
Mandy, thanks for your nice comments. I'll try to keep it up  Grin
On the other hand tertius993 is right. Just checking 4 digits of the Base58address is better than nothing, but very insecure nonetheless. It is very easy to generate another address with the same 2 starting and ending digits (For comparison a vanity address with 4 characters is free in this service.)

Quote
I find it easy to proof check addresses when I want to send or receive only by checking the first and last 2 digits of the address, I bet you can't do that with your format since the numbers are variable and not fixed from what I understood Smiley

Aside from being a poor checking, the answer is yes, you could that if you wanted. Once you have 'published' your address on the blockchain, those numbers are fixed forever (as long as your transaction isn't removed from the blockchain; that is the reason you should wait for a fair number of confirmations).