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Shawn-Pringle

What bothers me is that there are bitcoin cash addresses

and token addresses for the same chain. Why do we have to have two flavours of addresses?

#bch #bitcoincash #cryptocurrency #english
0

7 ответов

10 просмотров
Mira Ciel ⁧🌸-Nekomimi-Sireneva

afaik they're actually the same and only have different format so you don't accidentally send CashTokens somewhere only BCH is accepted or something like that

0
1 месяц назад
JF-

its so that you can't accidentally burn a token by sending it from a wallet that doesn't support tokens

0
1 месяц назад
Shawn-Pringle Автор вопроса
JF
its so that you can't accidentally burn a token by...

Okay, so can I send BCH to a token address?

0
1 месяц назад
minisatoshi-

I agree that this is an unfortunate way of displaying it. I only use my token aware address, as BCH sends/receives work just the same But absolutely not the cleanest solution imo

0
1 месяц назад
im_uname#100🍋-🌭
JF
its so that you can't accidentally burn a token by...

correction: it's borderline impossible to "accidentally" burn a cashtokens token, this is not SLP anymore. if you send tokens to an aware wallet, they'll just sit there. unaware wallets cannot forward them without knowing how to sign in the cashtokens way.

0
1 месяц назад
Dustin 🪐-

If you didn't see uname's response to JF, or in case it didn't fully clarify for you, the correct answer here is because wallets that aren't CT aware will not be able to spend CT UTXO, so changing the address format for CT was to help prevent those wallets from receiving such UTXO to begin with.

0
1 месяц назад

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