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Bookmarking Crypto InsightsThu, 22 Mar 2018 16:18:55 +0000en-US
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3232Typing Errors in Ethereum Transaction Addresses Caused Losses of Over 12,600 Ether
https://www.digit.info/typing-errors-in-ethereum-transaction-addresses-caused-losses-of-over-12600-ether/
Thu, 22 Mar 2018 16:18:55 +0000https://www.digit.info/2018/03/22/typing-errors-in-ethereum-transaction-addresses-caused-losses-of-over-12600-ether/Read more]]>There is nothing worse than losing funds stored in your crypto wallet. It is pretty obvious that this situation has been a big problem for most users at some point in their lives. A new study shows that over 12,000 ether has been lost due to typing errors that sent money to non-existent addresses. Losing Ether due to Typos There are a lot of things that can go wrong when completing cryptocurrency transactions. For instance, one could enter a completely wrong address due to copying it incorrectly, a QR code could give an error when trying to send money, or one could simply type an address incorrectly.
There is nothing worse than losing funds stored in your crypto wallet. It is pretty obvious that this situation has been a big problem for most users at some point in their lives. A new study shows that over 12,000 ether has been lost due to typing errors that sent money to non-existent addresses. Losing Ether due to Typos There are a lot of things that can go wrong when completing cryptocurrency transactions. For instance, one could enter a completely wrong address due to copying it incorrectly, a QR code could give an error when trying to send money, or one could simply type an address incorrectly.