Today i'm sharing with you what it feels like to send crypto currency to a wrong recipient.
Initiating a crypto currency transaction requires a bit of carefulness because of the simple reason that the transaction cannot be canceled or altered. Due to the anonymous nature of blockchains wallet addresses, it may also not be possible to contact wallet owners.
As it is known in the world of crypto currency even many advanced crypto currency users can recall an incident when they failed to double check their transaction details and they accidentally sent funds to the wrong recipient, or sent the wrong amount. As unfortunate as it is, crypto currency transactions are designed to be irreversible and we have no control over them.
Recently i lost a lot of funds just by sending Etheruem (ETH) to a BCH address. Now, I've been stupid. I felt like an idiot the moment I realized that now I was also part of those not making sure to check details of transactions correctly. All of my funds gone within seconds leaving me stranded.
In light of sending crypto currency to the wrong address and stuff like that, don't you think the owners and developers of crypto currency apps should device a means of their application to be able to recognize a wrong address and reject it to solve the problem of sending crypto currency to wrong addresses.
What did I learn? it's extremely important to make sure your transaction details are correct before you click send.
double check your transaction details
What to do now? Take advantage of what I have learned and also remind you that it can happen to everyone.
If you want to make donations, even just a few, U can support by sending some donations to help me recover my loss.
I leave you with my ETH address here at the bottom.
My ETH addresses:
0x3756d447b46c275a5285ed3d1e1f933714bf7909