Capitalizations Index – B ∞/21M
When bitcoin is sent to the wrong address, transactions are irreversible on the blockchain. Unless the recipient cooperates or the address is controlled by an exchange, lost funds are usually unrecoverable; prevention is vital.
bitcoin can be irretrievably lost when private keys are misplaced or when coins are sent to an incorrect or incompatible address. Understanding key custody and address validation helps prevent permanent loss.
bitcoin transactions are irreversible: sending to the wrong address usually means permanent loss unless the recipient voluntarily returns funds. Always verify addresses, use address books and small test transfers first.
Once bitcoin transactions receive confirmations and are added to the blockchain, they become permanent and irreversible. Users must verify addresses and amounts before sending, as recovery is practically impossible.
bitcoin can be permanently lost when private keys are destroyed or when coins are sent to wrong or incompatible addresses. Understanding key custody and address formats prevents irreversible loss.