Question: What if there's a typo in the encoded token address itself? Can Base58Check ensures that this isn't done?
Answer: If there's a typo in the encoded token address then the sent money to this address would burn. Base58 encoding only makes the PKH smaller in size.
Chirag Baghasingh:
Chapter -3 Grokking Bitcoin
Question: What if there's a typo in the encoded token address itself? Can Base58Check ensures that this isn't done? Answer: If there's a typo in the encoded token address then the sent money to this address would burn. Base58 encoding only makes the PKH smaller in size.