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February 16, 2021, 02:30:07 PM |
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I introduced crypto to a friend of mine as of late, and while I explained everything to him he asked me the following question:
Why are these "DBe81Titn69WPFYUMnBtLd2JeSrYAs6nKs" crypto addresses so inconvenient. Being forced to copy/paste it every time you have to send funds to it, or if you're real fancy, make use of QR codes.
He basically told me he thought the whole concept of these addresses is rather stupid and should be fixed, and I agree to some extend. I did some research and found that the DIVI project is working on this exact problem. You can pick a customized username like "Jackson22", which is easy to remember, and fast to type.
Now the only problem I see with this is scammers trying to impersonate famous people like Elon Musk, picking a username that looks like him, but apart from that, it would be way easier to ask a buddy to send you XXX amount of crypto.
You can label your address in most core wallets, which makes it easier to find the right address, but imagine Twitch/Youtube streamers who could easily adopt this rather than displaying a stupid QR code on the screen. They could actually have a small text in the corner of the screen saying. "If you like my content, feel free to donate crypto to <Twitch-Username-Here>
I've been using crypto since 2014, and never really thought about this, but it makes sense to make addresses shorter. Thoughts?
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