Post
Topic
Board Development & Technical Discussion
Re: Vanity Bitcoin Address Generator: Personalized Bitcoin Addresses for Branding
by
Sinzu_
on 02/07/2023, 21:52:31 UTC
TBH I didn't know that customized BTC address are known as vanity addresses because few months back there was attack going on by scammer knows as address poisoning in which scammers make a address which have the first and last words in match with your address and those scammers will send you zero value transactions mostly from trc 20 blockchain.

And when a person selects the address from explorer history to send or receive assets he fooled into selecting the scammers wallet as we only read the first and last two numbers.

I hope this would be share among many members because once they knew about vanity address they will be safe from this scam and as you mentioned the pros and cons they should also read it and after reading this article I also checked some vanity address generators but they took so much time and your guide lack some pictorial representation so if you could add them it would be great for newbies like me but I think you are also newbie so maybe that's why you didn't added them.

Thank you for sharing your experience and concerns related to vanity Bitcoin addresses and the potential risks associated with address poisoning scams. It is indeed important to be aware of such malicious activities and take precautions to safeguard against them.

Address poisoning scams, where scammers create addresses that resemble legitimate ones by having the same first and last few characters, can be deceiving. Users may inadvertently select the scammer's wallet when relying solely on the first and last characters of an address without carefully verifying the entire address.

I appreciate your suggestion regarding the inclusion of pictorial representations and understand that visual aids can be helpful, particularly for newcomers. I will certainly take your feedback into consideration for future improvements in providing visual support wherever possible. It is important to continue sharing information about the risks and benefits of vanity addresses to educate and protect users within the Bitcoin community.