There is a checksum in the Bitcoin address. The network will reject funds sent to INVALID addresses (not to be confused with "VALID but not the one I intended to send it to" addresses).
The odds of accidentally mistyping an address and it still be valid is roughly 1 in 4 billion. So while the risk exists it is not really something to worry about. It is more common that funds are lost because they are accidentally sent to the wrong (properly typed and valid but not intended) address.
Topic: Is it possible to send BTC to an address that doesn't exist? - page 3. (Read 4631 times)
There's a certain number of parity bits in Bitcoin addresses, so if you're only one letter off, a sane client should be able to detect that and warn you.
But if the parity bits check out... yeah, those coins are basically destroyed.
But if the parity bits check out... yeah, those coins are basically destroyed.
pretty clear answer!
if I made a mistake in a BTC address, where my BTC will go?
A picture is worth more than a thousand words, they say...
if I made a mistake in a BTC address, where my BTC will go?
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