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Author Topic: What are Address Poisoning Scams?  (Read 760 times)
Pmalek (OP)
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May 16, 2024, 03:08:02 PM
 #41

Very confusing post Sonia. Let's break it down.

This is an address that looks exactly like your Bitcoin address wallet
It doesn't. Address poisoning scams aren't common on the Bitcoin network. They are more common on alternative blockchains, but even then the two addresses aren't exactly like. Only a few characters at the beginning and the end are the same.

it is adviceable not to copy address even if it appears instead type and check the address properly
No one types addresses out character by character. You copy them. However, you don't copy them from blockchain explorers and transaction histories. You do it from the receive tab/receiving feature of your wallet.

because these scammers works on your two last wallet numbers.
I assume you mean characters. Remember that you said that addresses involved in poisoning scams look exactly like your bitcoin address? Now you are talking about the last two "wallet numbers" only a few sentences later.

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May 16, 2024, 05:53:42 PM
 #42

Yeah this happens on pretty much every blockchain. Even the L2 networks for ETH.

I remember the first time it happened I freaked out, because it showed that someone actually sent some transaction from my cold storage address, it didnt make any sense and I assumed my seed was in jeopardy. However after making a thread on Bitcointalk it was revealed that its an ETH bug where its possible to send transactions with 0 ETH and its main goal is an address poisoning attack, these days most of these are filtered on etherscan so you wont notice. But if you don't use an address book and copy and paste your recent transactions, then you are at risk.
I always try to be very cautious when copying any address during a transaction, because what I fear the most is to make the mistake of sending my dear coins to the wrong address.
After learning about address poisoning scams, am very confident that my knowledge of and safe practices on the blockchain has improved and although I try to double and even triple check addresses during transactions, I value learning about ways to stay alert and be wary of scammers and their deviced scams.

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