Topic: If send BTC to BTH address? (Read 1183 times)

У мeня дpyгaя cитyaция: oпpaвил c биpжи нa aдpec cвoeгo BTC кoшeлькa нeмнoгo BCC. C кoшeлькa биpжи мoнeты cпиcaлиcь, a нa кoшeлeк нe пpишли. Tex. пoддepжкa биpжи мoлчит, тex.пoддepжкa кoшeлькa oтвeтилa, чтo тoлькo пpинимaют и xpaнят мoнeты. Пoлyчaeтcя пoтepял cвoи BCC&

That is what happens when you send to an address that uses the same underlying technology to represent private/public keys and addresses... You aren't sending from a BTC address to a BCC address... you are simply sending from AddressA to AddressB on whatever network you do the transaction on.

Example:
Let's pretend you NEVER used BTC... you only ever used BCC... and you had a BCC wallet that generated an address "1bccAddressLeGaulois"...
You then say "Hey HCP, can you send me 1 coin"... and because I'm an idiot... I fire up my BTC wallet... and enter the address "1bccAddressLeGaulois"...

Because BTC and BCC use identical methods for generating private/public keys and addresses... it is possible to use the same private key/address pair on BOTH the BTC and BCC networks... so my wallet happily accepts "1bccAddressLeGaulois" as a valid BTC address and sends off 1 BTC to this address on the BTC network.

Meanwhile, your "1bccAddressLeGaulois" address in your BCC wallet remains empty... because no BCC transaction has occurred on the BCC network.

What you could then do, (because private/public keys and addresses are valid on both networks) is use the private key from your BCC wallet... and import that into a BTC wallet... and it would allow you to spend the 1 BTC that I sent to "1bccAddressLeGaulois"... on the BTC network.


Calling it "crosschain" is a bit of misnomer... you're not sending a transaction from one network to another... you're just getting the addresses mixed up and potentially sending the wrong coins to the wrong people

So what is a "crosschain" transaction exactly?
I have been reading something totally different yesterday about this, or I totally not understood clearly what was written. But they were talking about "crosschain" transaction. For exemple BTC to a BCC address or  ETH to an ETC address, etc

You cannot send 1 BTC from addressA if addressA has not received any BTC yet.

Lets try this:


BTC address_BTC_A = 1 BTC
BTH address_BTH_A = 0 BTH

BTC address_BTH_B = 0 BTC
BTH address_BTH_B = 1 BTH

BTC address_BTC_C = 0 BTC
BTH address_BTH_C = 0 BTH


You send 1 BTC address_BTC_A to BTH address_BTH_C...

Result is:

BTC address_BTC_A = 0 BTC
BTH address_BTH_A = 0 BTH

BTC address_BTH_B = 0 BTC
BTH address_BTH_B = 1 BTH

BTC address_BTC_C = 1 BTC
BTH address_BTH_C = 0 BTH

It is not possible to send BTC to BTH wallet.  It is not possible to send BTH to BTC wallet.

If you send BTC to BTH address...
Your BTC goes to that same address on the bitcoin network, NOT the BTH network.

Not sure if you didn't see the responses or just can't be bothered to read it.

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No, both of the addresses will share the same private key. You can use the key for your BTH address to spend funds in the BTC address and vice versa.

This goes for any altcoin that uses the same standard to generate addresses. Eg. Litecoin Multisig addresses.

You cannot send 1 BTC to "BTH" address... you can only send 1 BTC to "BTC" address... it can look like the same address (same characters), but is on a different network. BTC transactions are only valid on BTC network... and BTH transactions are only valid on BTH network...

Example Address: 1CC3X2gu58d6wXUWMffpuzN9JAfTUWu4Kj

This address exists on both the BTC and BTH networks (because they use the same underlying technology to represent private keys, public keys and addresses) So, if I send 1 BTC to this address, then 1CC3X2gu58d6wXUWMffpuzN9JAfTUWu4Kj has 1 BTC on BTC network... and 0 BTH on BTH network..

I mean..

BTC addressA = 0 BTC
BTH addressA = 0 BTH

I send 1 BTC addressA to BTH addressA...

No.

BTC addressA = 0 BTC
BTH addressA = 0 BTH

you send 1 BTC to addressA on BTC network... now:
BTC addressA = 1 BTC
BTH addressA = 0 BTH

If you try and sweep BTC from addressA... you get 1 BTC
If you try and sweep BTH from addressA... you get 0 BTH

interesting..

If i have BTH address A and = BTC address A
send BTC to BTH address A.
after sweep prvt key BTH address A.
I can double my money?

Your BTC goes to that same address on the bitcoin network.

Whomever has the privte key for that BCH address, can import that private key into a BTC wallet, and then they can access those BTC.

If send BTC to BTH address what happen?
who have experience?