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Topic: important Question about one address can hold multy coins (Read 147 times)

legendary
Activity: 1268
Merit: 1009
When i checked address 1Po1oWkD2LmodfkBYiAktwh76vkF93LKnh
in http://omnichest.info
i found address show different amount, is this mean this address can receive multi coins.
example can i send bcc ot usdt to this address?

OMNI chain works "kind of" similar to that of Ethereum chain as it is a meta-asset layer and smart-contract platform. The only difference being, OMNI runs on top of the Bitcoin blockchain.

Just as someone can own any number of ERC-20 tokens on an ethereum address, you can do that too within the OMNI protocol. The "multi coins" you are seeing are just tokens that are run on OMNI protocol.



If you own the address and they're forked coins that follow the same sort of algorithm then technically yes.

Although there are others like BCG and LTC that don't follow this format so for those it won't work so you need to be careful with it. And also, it's not very safe to put all your coins on one private key.

They are not forked coins, but independent tokens similar to Ethereum's ERC-20 tokens.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
When i checked address 1Po1oWkD2LmodfkBYiAktwh76vkF93LKnh
in http://omnichest.info
i found address show different amount, is this mean this address can receive multi coins.
example can i send bcc ot usdt to this address?

If you own the address and they're forked coins that follow the same sort of algorithm then technically yes.

Although there are others like BCG and LTC that don't follow this format so for those it won't work so you need to be careful with it. And also, it's not very safe to put all your coins on one private key.
newbie
Activity: 35
Merit: 0
When i checked address 1Po1oWkD2LmodfkBYiAktwh76vkF93LKnh
in http://omnichest.info
i found address show different amount, is this mean this address can receive multi coins.
example can i send bcc ot usdt to this address?
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