Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Topic OP
Just lost $4000 because of addresses starting with "bc1p"
by
Guessti
on 20/12/2022, 03:36:33 UTC
⭐ Merited by examplens (1)
What is a Bitcoin address that starts with B?
You can identify the type of a bitcoin address by looking at the first letters of it. If it starts with "1", it's a legacy address. If it starts with "3", it's a P2SH address. If it starts with "bc1q", it's a native segwit and if the first 4 letters are "bc1p", it's a taproot address.Oct 18, 2021

Whoever decided this was a good idea is a MORON.

Did you even think about people who verify address by looking at first few letters/numbers of address?

I usually do both, the first few and last few but I mainly always went by the first few digits to make sure I didn't accidently copy/paste wrong address.

Thanks a lot whoever thought it was a good idea to have "bc1p" on every address.  Embarrassed Angry Huh