Re: Just lost $4000 because of addresses starting with "bc1p"
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. (and me too now but damn)
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.
It is never nice to lose such an amount of money over such mistake and it is natural that you are mad about it, but since nothing can be done about it maybe it is better to think about possible ways to avoid the same thing happening again.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. (and me too now but damn)
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.
Many years ago I did the same as you and I only verified the first and last characters of the address I wanted to send a transaction, but since long ago I have not felt secure even with this method and instead I check all the characters, it is slightly more time consuming but it is preferable to do this and lose a little bit of time than to take any risk when such a high amount of money is at stake.