Lost Bitcoin Cash to SegWit addresses

in btc •  7 years ago 

We thought bitcoin cash and bitcoin both have same addresses just different ledger.

Apparently NOT!

Sending bitcoin cash to a SegWit address will make the coin lost, since bitcoin cash ledger does not support SegWit address.

Since SegWit2x is coming, Bitcoin might have 3 address format and it will confuse bitcoin cash users further and they might lost their coin further, effectively making Bitcoin cash more scarce and less circulating supply.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!