Thursday, 26 March 2020

Is there anything in Electroncash to help prevent accidental oversending of BCH?

Let's say you're buying something online with BCH. The item costs 0.01 BCH but you accidentally type 0.1 and don't notice. Is there anything to prevent accidental large transactions in Electroncash? If not, I have a couple simple suggestions.

Perhaps a simple popup that says "Hey, you're about to send a large amount of BCH. Are you sure you want to continue?".

An even better idea would an optional wallet setting that lets you set the max amount of BCH you can send. If you try to send more than the limit, it would ask you for a second password that you specifically set for large transfers. This way, if the user went on autopilot when prompted and entered their regular password, it wouldn't work and it would become obvious to the user that they made a mistake.

For example, if you tried to send 1 BCH it would say "Please enter your 2nd password for large transfers". That would give people some extra peace of mind knowing that they have an extra layer of protection in case they screw up. Of course you might not worry about this if you double or triple check, but people are not perfect, and I think this would be a nice feature.

submitted by /u/shinyspirtomb
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source https://www.reddit.com/r/btc/comments/fp4p3e/is_there_anything_in_electroncash_to_help_prevent/

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Novogratz: “If there was ever a time -- debasement of fiat currencies, monetization of trillions of dollars of debt, this is the time for Bitcoin.” submitted by /u/bletchleymcgregor
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submitted by /u/thibautrey
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A Digital Dollar Is a Double-Edged Sword That Could Accelerate Bitcoin’s Adoption submitted by /u/rachidafr
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submitted by /u/Legomanfr
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submitted by /u/thomasj40
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source https://www.reddit.com/r/btc/comments/fp3mas/avoid_corona_virus_by_staying_at_home_and_making/

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COVID and the Central Banks submitted by /u/ChronosCrypto
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source https://www.reddit.com/r/btc/comments/fp35zx/covid_and_the_central_banks/