What Happens if Bitcoin Is Sent to a Wrong Address?
Sending bitcoin to a wrong address is usually irreversible. Due to blockchain’s design, transactions can’t be undone, so funds are typically lost unless the address owner cooperates.
Capitalizations Index – B ∞/21M
Sending bitcoin to a wrong address is usually irreversible. Due to blockchain’s design, transactions can’t be undone, so funds are typically lost unless the address owner cooperates.
bitcoin replaces central authorities with a distributed ledger, where nodes validate transactions and miners secure the network through proof-of-work consensus.
bitcoin cannot be counterfeited because every coin’s history is recorded on a transparent, decentralized blockchain, where cryptographic verification prevents duplicate or fake transactions.
bitcoin mining secures the network by verifying transactions and adding them to the blockchain. Miners use computational power to solve cryptographic puzzles, preventing fraud.
bitcoin’s price is shaped by supply limits, investor demand, macroeconomic events, regulation, and market sentiment, rather than intrinsic value or traditional cash flows.
Understanding bitcoin’s market capitalization reveals its overall network value. It’s calculated by multiplying the current price per coin by the total number of coins in circulation.
bitcoin’s four-year issuance halving reduces the block reward, slowing new coin supply. This programmed scarcity aims to limit inflation, influence miner incentives, and shape long-term market dynamics.
Can bitcoin be truly banned, or only constrained? This article explores the limits of government control, from network-level crackdowns to exchange regulation and user adaptation.
bitcoin multisig transactions require multiple private keys to authorize a spend. They enhance security, enable shared control of funds, and support advanced use cases like escrow and corporate wallets.