Title: Collecting Bitcoin Donations with a recognizable address Post by: AppliedOptimal on October 13, 2019, 07:37:28 PM 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 (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: coupable on October 13, 2019, 09:43:18 PM In fact, the problem crypto donations is to convert them to FIAT money which require another third part entity to process the conversion like using an exchange; this is why it's better to use a paiement process to facilitate the process (eg, bitpay or coinpaiement) but this will cost much more fees.
The website you mentioned will lunch his services soon, means the service is not yet active, and i can't really see the advantages of having a digital name instead of an ordinary btc address but from what i can understand the donator should deposit his funds in a balance in the platform after finishing the registration then he can be able to send donations to a digital name not a wallet address. Why doing all these in order to donate? I don't want to subscribe in anything and i have no issues sending funds to a btc address. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: apoorvlathey on October 13, 2019, 09:49:01 PM The one major flaw with such services is that what if they decide to turn into a scam and map their own address with your name instead of your very own address, thereby passing your coins to themselves.
There's no need to involve any middle-man for such trivial tasks, considering their service don't provide much of a value. Having QR codes is the best approach for such case. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: GoldSpectre on October 14, 2019, 03:27:29 AM 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. To simplify everything , i must prefer a 1 name for all my personal and business addresses . That's it Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: Mandoy on October 14, 2019, 06:06:28 AM I guess it is no longer necessary since we already have a wallet address and a qr code.When asking for donations the charity institutions just need to place their name together with the qr code. Creating an address with the name of the institutions is just a waste of time and scammers could use a similar address to fool people. Thus in my opinion making addresses for the sake of recognition is not needed.
Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: mintme.com on October 14, 2019, 12:53:39 PM 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. anyone could use a vanity address it's not something new, for some reason they were never that popular, personally, I created my vanity address and never used it.About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: lesstoothless782 on October 14, 2019, 05:11:28 PM In fact if we will also have a more recognizable wallet address this would be more easier to make donations by just entering the wallet address you know, because on the current wallet address it's kind of hard due to the long wallet address and the hard combinations of it.
Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: Assface16678 on October 14, 2019, 05:44:48 PM Should be pretty useful for charity organizations or even just companies like amazon, and fast food chains. Can really lessen the hassle of payment if we want to pay using crypto since their address is just basically the shop title if they made it like that. Pretty useful feature, Just hoping it wouldn't die out here without much people acknowledging its existence. Am still waiting for me to pay to Amazon by just typing in their easy to remember address.
Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: apoorvlathey on October 14, 2019, 05:55:07 PM 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. anyone could use a vanity address it's not something new, for some reason they were never that popular, personally, I created my vanity address and never used it.About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Say you create an address 1Charity************* then there are still thousands of address combinations with the exact starting characters, as denoted by * here. It would be really easy to impersonate such vanity addresses. The optimum idea is to just promote charity's website where all the payment methods are listed. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: Jiddyyy on October 14, 2019, 07:19:43 PM 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. In terms of recognizable address, there is one solution to it using names for sending coins instead of address we used to use before. Digital names is helpful in so many ways especially in the safeties of your money. About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: Motorista on October 14, 2019, 07:35:48 PM 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. 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.About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: sandra_x on October 14, 2019, 07:45:31 PM Choosing a custom name for a cryptoaddress is easily achieve with coins such as EOS, I think having such for bitcoin comes with its downsides as it erodes anonymity (which is something desirable), I think it is ok you do not have that for bitcoin. No address should be hidden for bitcoin transaction
Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: Spendulus on October 14, 2019, 07:51:02 PM 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. 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.About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? 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. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: squatz1 on October 14, 2019, 07:54:17 PM There's no real reason for using something like a vanity address or something like that. It's just cool to have.It's cool just like having a custom plate at the DMV is cool -- cool to have, but no real reason for the usage.
Just stick to regular BTC addresses and QR codes, why do you have to make it even harder for a company to get involved? Now they have to research how to use vanity addresses and all that jazz. Nah. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: dimonstration on October 14, 2019, 08:07:30 PM Having QR codes is the best approach for such case. I don't prefer QR code if through qr will be by transfer since they can change it anytime who ever will forward it. Im a QR user of mobile banks and crypto wallets and Im only using it in paying in a store with QR you personally see to scan it, in a person you're with scanning thru their phones to our phone or if the sender of QR is a verified user. But, it is a good solution if the organization will provide a good website that is fully verified by them. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: Spendulus on October 15, 2019, 03:24:56 AM Having QR codes is the best approach for such case. I don't prefer QR code if through qr will be by transfer since they can change it anytime who ever will forward it. Im a QR user of mobile banks and crypto wallets and Im only using it in paying in a store with QR you personally see to scan it, in a person you're with scanning thru their phones to our phone or if the sender of QR is a verified user. But, it is a good solution if the organization will provide a good website that is fully verified by them. It's not clear what you are saying, but I think you mean that fraud is possible with QR. This is true, but it should be possible to design a solution around this problem. But that does not exist in the current method of use of QR. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: dimonstration on October 15, 2019, 03:36:28 AM It's not clear what you are saying, but I think you mean that fraud is possible with QR. It is if only it will be in a way of messaging or thru emails or support emails in getting their mode of payments example if QR. Some member in organizations might be tempted to give or reply their own QR for their benefit only. I guess having QR in their main website or verified accounts can be a solution.Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: pleasedont on October 15, 2019, 09:54:41 AM I guess it is no longer necessary since we already have a wallet address and a qr code.When asking for donations the charity institutions just need to place their name together with the qr code. Creating an address with the name of the institutions is just a waste of time and scammers could use a similar address to fool people. Thus in my opinion making addresses for the sake of recognition is not needed. Although QR codes are unique I've seen some people that encounter with some errors, like a doubled scan one. I think it is pretty cool to have a personalized one, like a username for the address. Out of all of this, be careful with sending to different addresses.Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: Da_ShivamGarg on October 15, 2019, 10:32:17 AM 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 (https://www.digitalnames.io/?utm_source=cc) 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? Those types of projects solving blockchain issues and really making it easy to use for anyone. Now look only we just had to type and remember $xxxx to send payment to anyone rather to copy-paste and then double-check those long addresses. We need more this type of project to make blockchain more user-friendly. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: panganib999 on October 15, 2019, 01:02:00 PM 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. Actually, the only disadvantage of having long strings of unrecognizable and is not convenient for memorization is, if it was altered by a malware or a virus to redirect the transaction the owner of the address won't be able to notice it because he, himself don't memorize his address. Having domain name is beneficial for security and assurance that you are doing your transactions very smooth and no threats for you know that the address was yours. About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: wambowambo on October 15, 2019, 02:06:49 PM 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. The moment that we memorize our address, it is a lot more easier to transact because we are not afraid anymore if the address that we put is correct or wrong. That is why shorter address would be good for us.About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: alexnambawan on October 15, 2019, 02:50:24 PM Not only in terms of adoption but can also make it easier doing transactions. We don't have to worry making mistakes with the address since they're converting the address into recognizable and easy to remember address. Checking and copying too long address take so much time but with this kind of addresses, it'll be problem-free.
Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: Spendulus on October 15, 2019, 03:32:14 PM 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 (https://www.digitalnames.io/?utm_source=cc) 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? I'm calling scam on this and the link it posts to, and the many newly created sock puppets that support the assertions made. Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: micher143 on October 15, 2019, 03:57:48 PM 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. Using easy to understand names promotes safe and secured transactions. It provides assurance about your account to prevent loss in addressing in collectiion. So recognizable wallet address helps easier and faster transactions. About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: trojanx23 on October 15, 2019, 03:58:59 PM 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. I think it will be really better if we use wallet address that are recognizable and easy to understand because using long and complicated addresses are prone in making mistakes when it comes to entering or copying wrong addresses, that is why it will be better if we use simpler names that are recognizable and easy to understand.About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: GlobalMilk99 on October 15, 2019, 04:31:28 PM 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. That one is very interesting and when I've read more about it gets my attention because im having a hard time remembering addresses so lets go for it!About two days ago I found this site that gives you a common name (https://www.digitalnames.io/?utm_source=cc) 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? Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: leexhin on October 16, 2019, 06:08:54 AM Choosing a custom name for a cryptoaddress is easily achieve with coins such as EOS, I think having such for bitcoin comes with its downsides as it erodes anonymity (which is something desirable), I think it is ok you do not have that for bitcoin. No address should be hidden for bitcoin transaction I guess what they are trying to do is not to hide but to make it simpler. What I think is that they are going to provide an alternate version of your address from alphanumeric to much simple 8-16 characters. The idea is awesome to provide solution to the said problems.Title: Re: Collecting Bitcoin Donations with a recognizable address Post by: TheCoinGrabber on October 16, 2019, 07:19:55 PM I don't know solutions to this problem but making sure that the address is prominent in the charity's official website would be a good start. I think most people are capable enough of double-checking the address before sending funds.
I'd trust the address more than the QR code since the former is much easier to double-check. I usually start check the first and last 3 characters. |