Copay bitcoin address space
Posted On 26.11.1955
Back then, Bitcoin Cash addresses and Bitcoin addresses used the same format, so it was easy to confuse one kind for the other. We wanted to make sure our users didn’t accidentally send Bitcoin Cash to a Bitcoin wallet and vice versa. We have modified these example addresses to prevent copay bitcoin address space from sending payments to them. Instead of the address starting with a 1 or a 3, we had Bitcoin Cash addresses start with a C.
So far, this has prevented many Bitcoin Cash users from mistakenly sending to Bitcoin addresses. It has been possible to translate between address formats, but this is not a simple fix for most users. Bitcoin ABC’s New Address Format Other groups in the Bitcoin Cash ecosystem have also been aware of the potential confusion caused by the legacy BCH address format. We have modified this example address to prevent people from sending payments to it. Many services and wallet providers in the Bitcoin Cash ecosystem are moving to adopt this format. This address format protects Bitcoin Cash wallet users from mistaken payments to BTC addresses, just like the format we were using before. We also expect most Bitcoin Cash wallets and exchanges to adopt the Cashaddr format in the coming months.
This change will bring greater compatibility with the Bitcoin Cash ecosystem, along with more security against the risk of mistaken payments to Bitcoin addresses. Big thanks to the BitcoinABC team for working on this improved address format! Want to manage your Bitcoin Cash alongside your Bitcoin? With the new beta release of our open source Copay bitcoin wallet, that’s no problem. August, we’ve received consistent feedback from our users asking us to support it. Bitcoin Cash is a fork of the Bitcoin blockchain which accepts much larger blocks of transactions, intended to provide the Bitcoin network with higher transaction capacity. Creating a Bitcoin Cash Wallet Want to enable Bitcoin Cash support in a Copay wallet app?