For those of you out of the loop, one of the most jarring and major reasons for low adoption in cyrptocurrencies are the confusing way wallet addresses are written. The collection of various numbers and letters cause an array of problems for users and ultimately for the networks themselves.
This new feature by the FIO, which is an amalgamation of various blockchain exchanges, wallets and payments providers will allow the networks and wallets to revamp themselves with a new and hopefully easier usernames and domains.
Read the full article by Komal Zaheer here.
The Tender team strongly believes that digital currencies and economies will only get adopted if they don’t feel like crypto. It must be easy to enter a digital economy, easy to send and receive money and easy to buy things. Not only is it user unfriendly to deal with long cryptic addresses it becomes ridiculous for regular users if the addresses change after every transaction (as with HD wallets). Might be good for anonymity, but is still bad user experience.
