A word about on-chain transfers:
There’s no chargeback process on the blockchain like there is with banks. If you send assets to the wrong address, you can only get them back if the recipient voluntarily returns them. If they don’t cooperate, there’s basically nothing else you can do.
Irreversibility is one of the design features of blockchain: no central authority can alter the ledger, so there’s no one who can help you roll back a transaction.
$BTC 83764.35(-0.39%)
#BTC
There’s no chargeback process on the blockchain like there is with banks. If you send assets to the wrong address, you can only get them back if the recipient voluntarily returns them. If they don’t cooperate, there’s basically nothing else you can do.
Irreversibility is one of the design features of blockchain: no central authority can alter the ledger, so there’s no one who can help you roll back a transaction.
$BTC 83764.35(-0.39%)
#BTC