Send Bitcoin Cash to the mailbox

I tried a product, which is a bit interesting, allowing users to use their mailbox to receive Bitcoin Cash.

This product was developed by bitcoin.com and requires users to log in to a webpage to use it, send.bitcoin.com. The process is very simple and consists of three steps.

Send BCH to mailbox

The first step is to open send.bitcoin.com and fill in the relevant information.

The second step, after completing the first step, send.bitcoin.com will jump to the payment page. The sender is required to pay BCH. This is a QR code for the payment request, which can be scanned and paid using the mobile wallet, or you can directly copy the payment link to the desktop wallet to pay.

When you have finished paying, send.bitcoin.com will prompt you that the BCH has been successfully sent, and sending the coin to the mailbox here is over.

After the payment is successful, send.bitcoin.com will also provide you with a mnemonic word, allowing you to regret taking back the BCH. Of course, the recipient must receive the payment.

The third step is the receiver's turn. The recipient's mailbox will receive a paper wallet, which is a picture, presented using a QR code, and contains a private key. The private key contains the BCH you sent.

The recipient can use the mobile wallet to scan the private key to receive it.

This is the end.

The overall operation process is still very simple, basically people who have used coins will use it for the first time, and the learning cost is zero. But people who haven't used coins and people who haven't downloaded wallets may not understand what this is.

Fundamental

The principle of Send.bitcoin.com is very simple, that is, first send BCH to the server, the server generates a paper wallet, that is, a private key, and then sends the paper wallet to the target mailbox by mail.

The whole process requires two BCH transactions. The first tx is sent by the sender's own wallet to the server of send.bitcoin.com; the second tx is sent by the paper wallet generated from the server to the receiver when the receiver receives the BCH wallet. It also requires two miners' fees.

I tested a sum, and the entire process send.bitcoin.com did not charge any fees. The cost is two miners' fees.

safety

The security of Send.bticon.com is very low, first you have to trust the server of send.bitcoin.com. Second, you have to trust that the mail server will not steal your coins. Both servers are capable of taking your coins.