Recent alerts from SlowMist and ChainCatcher highlight address incompatibility issues between Sui and Aptos, which may result in financial losses for users.
Risk Alerts
SlowMist and ChainCatcher have raised concerns about the risks of sending assets between Sui and Aptos blockchains. Both address types begin with '0x' and are 66 characters long, which can cause confusion. These alerts underscore that the addresses are not interchangeable.
Expert Warnings
Yu Xian (Cosine), co-founder of SlowMist, emphasized in his comments that 'users need to be aware that the private key corresponding to the Sui address cannot derive the same address on Aptos'. Experts encourage users to double-check destination addresses before transactions and call on wallet software developers to integrate warnings to prevent such errors.
Future Standards for Blockchains
The address issues concerning Sui and Aptos may lead to discussions about the need for clearer blockchain identity standards. An analysis from CoinMarketCap indicates Sui's market capitalization is currently $28.75 billion, with a 24-hour trading volume decrease of 32.88%.
These alerts highlight the critical importance of user attentiveness when dealing with cryptocurrency addresses, as well as the need for discussions on stricter blockchain technology standards to prevent financial losses.
