Topic: Collecting Bitcoin Donations with a recognizable address - page 2. (Read 283 times)
Should be pretty useful for charity organizations or even just companies like amazon, and fast food chains. Can really lessen the hassle of payment if we want to pay using crypto since their address is just basically the shop title if they made it like that. Pretty useful feature, Just hoping it wouldn't die out here without much people acknowledging its existence. Am still waiting for me to pay to Amazon by just typing in their easy to remember address.
In fact if we will also have a more recognizable wallet address this would be more easier to make donations by just entering the wallet address you know, because on the current wallet address it's kind of hard due to the long wallet address and the hard combinations of it.
I had an earlier post about Chinese collecting bitcoin as payment and another post about Hong Kong free press collecting donations. One of the things was that they had to use the same darn address for collecting BTC. Now if the addresses for donations were more recognizable I think things would be a lot easier for them.
About two days ago I found this site that gives you a common name like BOB or BitcoinBull or CryptoBull for a bitcoin address. So, I am thinking that things would be easier for large organizations to collect money if they had recognizable names instead of a long string of numbers and letters. What do you think, would it make it easier, in terms of adoption?
anyone could use a vanity address it's not something new, for some reason they were never that popular, personally, I created my vanity address and never used it. About two days ago I found this site that gives you a common name like BOB or BitcoinBull or CryptoBull for a bitcoin address. So, I am thinking that things would be easier for large organizations to collect money if they had recognizable names instead of a long string of numbers and letters. What do you think, would it make it easier, in terms of adoption?
I guess it is no longer necessary since we already have a wallet address and a qr code.When asking for donations the charity institutions just need to place their name together with the qr code. Creating an address with the name of the institutions is just a waste of time and scammers could use a similar address to fool people. Thus in my opinion making addresses for the sake of recognition is not needed.
I had an earlier post about Chinese collecting bitcoin as payment and another post about Hong Kong free press collecting donations. One of the things was that they had to use the same darn address for collecting BTC. Now if the addresses for donations were more recognizable I think things would be a lot easier for them.
To simplify everything , i must prefer a 1 name for all my personal and business addresses . That's it
The one major flaw with such services is that what if they decide to turn into a scam and map their own address with your name instead of your very own address, thereby passing your coins to themselves.
There's no need to involve any middle-man for such trivial tasks, considering their service don't provide much of a value.
Having QR codes is the best approach for such case.
There's no need to involve any middle-man for such trivial tasks, considering their service don't provide much of a value.
Having QR codes is the best approach for such case.
In fact, the problem crypto donations is to convert them to FIAT money which require another third part entity to process the conversion like using an exchange; this is why it's better to use a paiement process to facilitate the process (eg, bitpay or coinpaiement) but this will cost much more fees.
The website you mentioned will lunch his services soon, means the service is not yet active, and i can't really see the advantages of having a digital name instead of an ordinary btc address but from what i can understand the donator should deposit his funds in a balance in the platform after finishing the registration then he can be able to send donations to a digital name not a wallet address. Why doing all these in order to donate? I don't want to subscribe in anything and i have no issues sending funds to a btc address.
The website you mentioned will lunch his services soon, means the service is not yet active, and i can't really see the advantages of having a digital name instead of an ordinary btc address but from what i can understand the donator should deposit his funds in a balance in the platform after finishing the registration then he can be able to send donations to a digital name not a wallet address. Why doing all these in order to donate? I don't want to subscribe in anything and i have no issues sending funds to a btc address.
I had an earlier post about Chinese collecting bitcoin as payment and another post about Hong Kong free press collecting donations. One of the things was that they had to use the same darn address for collecting BTC. Now if the addresses for donations were more recognizable I think things would be a lot easier for them.
About two days ago I found this site that gives you a common name like BOB or BitcoinBull or CryptoBull for a bitcoin address. So, I am thinking that things would be easier for large organizations to collect money if they had recognizable names instead of a long string of numbers and letters. What do you think, would it make it easier, in terms of adoption?
About two days ago I found this site that gives you a common name like BOB or BitcoinBull or CryptoBull for a bitcoin address. So, I am thinking that things would be easier for large organizations to collect money if they had recognizable names instead of a long string of numbers and letters. What do you think, would it make it easier, in terms of adoption?
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