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Valid Address Checker
One of the current problems for novice users of bitcoin is the large address that is sent to and from other users. Additionally, once funds are sent there is no way to retrieve them. Finding the physical owner of a bitcoin address could also be problematic, so the best thing is to have a Valid Address Checker. In this example we have used the wikileaks address
1HB5XMLmzFVj8ALj6mfBsbifRoD4miY36v
And we can see that the address is valid. No user details are provided. But we can assume it is correct and funds aren't being sent no where, which results in a total loss. Or if the transaction is not completing we can confirm why this is the case. It is very important to make use of this tool when transferring to ensure your bitcoin is safe.
These are some important key facts about bitcoin addresses:
- -Bitcoin addresses are all between 25 and 34 characters long
- -The address always begins with a 1
- -An address can contain all alphanumeric characters, with the exceptions of 0, O, I, and l (case sensitive, can still lowercase contain o and i)