A universal address for every CRYPTOCURRENCY user?

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4 years ago

Digital currency is becoming more and more important as a currency for carrying out our day to day activities like buying and selling, and soon it may become a necessity for every body.

The idea of wallet address is becoming a common thing for everyone, everybody that deals with digital currency needs a wallet address for recieving digital currency, and every digital currency has it own wallet address.

Like @Vanjinks once asked what happen when you mistakenly send bitcoin through a etherium address, what happens to your digital currency, will it be reversed or the money is lost for ever.

I was thinking is it not possible to create a universal address, a single address that can be used to transact every CRYPTOCURRENCY that is available?, What are the limitations in creating such an address?,

Just like a single phone number can be used to recieved to phone call from any other network.

If such an address is created it will be another step forward in the journey of digitalized currency.

Thank you!!!

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Comments

It can never be possible, our God is a jealous God, can you allow different men sleep with your wife?

$ 0.00
4 years ago

It will never and can never be possible... No dae tag me for yeye post.. #Lols

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4 years ago

Nothing is impossible bro, that what differentiate a Scientist from an engineer!!!

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4 years ago

Its possible now. It's called ethereum name service. I can have any crypto I want sent to my name blokblog.eth

$ 0.01
4 years ago

Cryptocurrency, was created for privacy. It is extremely dangerous to have one address only. With a block explorer, anyone can see, all your transactions, anytime.

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4 years ago

Creating one unique address does not mean your privacy is compromise ,it will make each transaction more smooth and easy.

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4 years ago