A Human Readable Address is a friendly way to represent a long string of alphanumeric characters used as a wallet address in cryptocurrency transactions. Traditional addresses can be complex and difficult to remember, making it challenging for users to send or receive funds.These human-readable addresses often take the form of simple words or phrases, using a structure that is easy for people to recognize and recall. This can significantly reduce errors when entering addresses, minimizing the risk of lost funds due to mistyped characters.Different projects have developed their own formats for these addresses, including some that utilize existing domain names. By converting complex wallet addresses into something more accessible, these solutions enhance user experience and encourage broader adoption of cryptocurrencies.
Russia Grants Banks Limited Approval to Handle Cryptocurrencies
Russian banks will be allowed to conduct cryptocurrency operations under strict conditions, the Central Bank announced Friday, marking a cautious