The dangers of sending crypto funds to the wrong address
Today’s story [1] is about a Reddit user who claims to have lost 40 ETH ($8,000) by sending it to the wrong address [2]. This is unusual because in principle addresses should have a checksum [3,4,5] but it is a real problem with the ill-designed ENS [6]. This leads us to a discussion of Prof Schuster’s paper on same related difficulties in the securities token space [7].
- https://cointelegraph.com/news/eth-community-discuss-dao-for-reversing-funds-lost-to-wrong-addresses
- https://www.reddit.com/r/ethfinance/comments/geek8d/daily_general_discussion_may_6_2020/
- https://tokenmarket.net/ethereum-address-validator
- https://github.com/ethereum/EIPs/blob/master/EIPS/eip-55.md
- https://learnmeabitcoin.com/guide/checksum
- https://ens.domains
- https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3476678