I had an earlier post about Chinese collecting bitcoin as payment and another post about Hong Kong free press collecting donations. One of the things was that they had to use the same darn address for collecting
BTC. Now if the addresses for donations were more recognizable I think things would be a lot easier for them.
About two days ago
I found this site that gives you a common name like BOB or BitcoinBull or CryptoBull for a bitcoin address. So, I am thinking that things would be easier for large organizations to collect money if they had recognizable names instead of a long string of numbers and letters. What do you think, would it make it easier, in terms of adoption?
It is true that using names that you have mentioned like BOB, BitcoinBull, CryptoBull as a bitcoin address is much easier to remember than using long and complicated wallet address that has combinations of numbers and letters because it can cause you from making mistakes in entering your wallet address, that is why using this kind of technology would be more convenient for us to enter our wallet address and to avoid mistakes.
Because simple names would require some sort of central registry to translate them into crypto addresses, and that is exactly the sort of thing that can and would be hacked.