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Topic: Accidentally created a wallet address that someone else already has? - page 2. (Read 4257 times)

legendary
Activity: 1316
Merit: 1000
Read this: http://codinginmysleep.com/stealing-bitcoins-the-hardest-way/

Lets say you build a super ASIC on 12nm (4 generations ahead of current tech) process that could create, validate, and steal one trillion key pairs per second (1 TK/s). That would be about 50,000x more powerful than faster GPU’s today. Lets also say you built a thousand of them and ran them continually with no downtime 24/7/365. In 1 year you could brute force 3*10^28 possible addresses.
If there are 1 quadrillion funded addresses you would still have a ~1% chance of colliding with a random funded address in the next 1,000 years.
Comparatively speaking, your odds of being struck by lightning are about 1 in 280,000, so you’re about 500,000,000,000,000,000,000 times more likely to be struck by lightning than to find an address within the first year. Since that’s also a big number, the odds are equivalent to being struck by lightning about 4.6 times in your lifetime


Man struck by lightning 7 times.

http://www.washingtonpost.com/lifestyle/magazine/inside-the-life-of-the-man-known-as-the-spark-ranger/2013/08/15/947cf2d8-ea40-11e2-8f22-de4bd2a2bd39_story.html

newbie
Activity: 42
Merit: 0
http://www.parentcompany.com/creation_essays/essay44.htm

Quote
the fraction 1 divided by 1 followed by 340 million zeros

Scientists tells me a forum-scientist is wrong. I make the assumption he is right.

You seem to be assuming that Robert E. Kofahl is a scientist, or that his math is based on reasonable assumptions.

Quote
Reasoning from these and other mathematical probability calculations, we can conclude that, without God the Creator, life's probability is zero.

It looks to me as if he is trying to manipulate the mathematics to push an particular non-scientific viewpoint.

More specifically, you say "Yet, here we are" as if the fact that we exist proves that things far less likely than the brute-forcing of a bitcoin private key can happen by chance.  Then, to demonstrate this, you use something published by someone saying that the fact that we are here did not happen by chance.
 

Either it's a non-sequitor, or its gambler's fallacy.

Either way, its freakin irrelevant! lol. Smiley





Irrelevant is a huge understatement, this is absolutely meaningless  EDIT: Meaningless, yet here we are. Cheesy
newbie
Activity: 42
Merit: 0
http://www.parentcompany.com/creation_essays/essay44.htm

Quote
the fraction 1 divided by 1 followed by 340 million zeros

Scientists tells me a forum-scientist is wrong. I make the assumption he is right.

You seem to be assuming that Robert E. Kofahl is a scientist, or that his math is based on reasonable assumptions.

Quote
Reasoning from these and other mathematical probability calculations, we can conclude that, without God the Creator, life's probability is zero.

It looks to me as if he is trying to manipulate the mathematics to push an particular non-scientific viewpoint.

More specifically, you say "Yet, here we are" as if the fact that we exist proves that things far less likely than the brute-forcing of a bitcoin private key can happen by chance.  Then, to demonstrate this, you use something published by someone saying that the fact that we are here did not happen by chance.

Now we see why I asked you to "settle the debate over whether there was an intelligence outside the universe that was involved in the process" before we tried to discuss probabilities, and occurrences.

Robert E. Whatever is also talking about a professor. Did you read that long into the article?

I say "Yet, here we are" as a testiment to the fact that "it" did happen. The spontaneous creation of life.

And now we know that it was far less probable than someone creating an already existing wallet. Yet, here we are.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
http://www.parentcompany.com/creation_essays/essay44.htm

Quote
the fraction 1 divided by 1 followed by 340 million zeros

Scientists tells me a forum-scientist is wrong. I make the assumption he is right.

You seem to be assuming that Robert E. Kofahl is a scientist, or that his math is based on reasonable assumptions.

Quote
Reasoning from these and other mathematical probability calculations, we can conclude that, without God the Creator, life's probability is zero.

It looks to me as if he is trying to manipulate the mathematics to push an particular non-scientific viewpoint.

More specifically, you say "Yet, here we are" as if the fact that we exist proves that things far less likely than the brute-forcing of a bitcoin private key can happen by chance.  Then, to demonstrate this, you use something published by someone saying that the fact that we are here did not happen by chance.
 

Either it's a non-sequitor, or its gambler's fallacy.

Either way, its freakin irrelevant! lol. Smiley



legendary
Activity: 3472
Merit: 4801
http://www.parentcompany.com/creation_essays/essay44.htm

Quote
the fraction 1 divided by 1 followed by 340 million zeros

Scientists tells me a forum-scientist is wrong. I make the assumption he is right.

You seem to be assuming that Robert E. Kofahl is a scientist, or that his math is based on reasonable assumptions.

Quote
Reasoning from these and other mathematical probability calculations, we can conclude that, without God the Creator, life's probability is zero.

It looks to me as if he is trying to manipulate the mathematics to push an particular non-scientific viewpoint.

More specifically, you say "Yet, here we are" as if the fact that we exist proves that things far less likely than the brute-forcing of a bitcoin private key can happen by chance.  Then, to demonstrate this, you use something published by someone saying that the fact that we are here did not happen by chance.

Now we see why I asked you to "settle the debate over whether there was an intelligence outside the universe that was involved in the process" before we tried to discuss probabilities, and occurrences.
newbie
Activity: 42
Merit: 0
So, what are the odds of life spontaneously creating itself from dead material? It's far less probable than that of creating an already existing bitcoin wallet. Yet, here we are Smiley

The part I highlighted in red appears to imply that you may have made some false assumptions about the part I highlighted in blue.


http://www.parentcompany.com/creation_essays/essay44.htm

Quote
the fraction 1 divided by 1 followed by 340 million zeros



Isn't that less of a chance than:

Quote
it's a one with 33 zeroes after it.

Scientists tells me a forum-scientist is wrong. I make the assumption he is right.
legendary
Activity: 3472
Merit: 4801
So, what are the odds of life spontaneously creating itself from dead material? It's far less probable than that of creating an already existing bitcoin wallet. Yet, here we are Smiley

The part I highlighted in red appears to imply that you may have made some false assumptions about the part I highlighted in blue.
newbie
Activity: 42
Merit: 0
Can someone please calculate the odds of life spontaneously creating itself from dead materia? Thank you Smiley

Sure, but first you have to settle the debate over whether there was an intelligence outside the universe that was involved in the process.

No I don't. We were discussin probability weren't we? So, what are the odds of life spontaneously creating itself from dead materia? It's far less probable than that of creating an already existing bitcoin wallet. Yet, here we are Smiley



hero member
Activity: 854
Merit: 500
Nope..
Can someone please calculate the odds of life spontaneously creating itself from dead materia? Thank you Smiley

Come, now.  This isn't a political discussion.  Lol
legendary
Activity: 3472
Merit: 4801
Can someone please calculate the odds of life spontaneously creating itself from dead materia? Thank you Smiley

Sure, but first you have to settle the debate over whether there was an intelligence outside the universe that was involved in the process.
full member
Activity: 168
Merit: 100
Yup: http://en.wikipedia.org/wiki/David_Hahn
This child actually built a nuclear breeder reactor in his back yard at home. It produced a small amount of uranium and plutonium, but he was stopped by the "authorities" and discouraged from further experimentation. This caused him to become severely depressed and drop out of going to college/university. This often happens to genius children growing up in an unsupportive household. Geniuses are often not understood. I mean, if the intelligence difference is as great as the gulf between a human and a dolphin or chimp between an average human and a genius, how can a genius ever be understood? I mean how can a chimp understand you when you talk about bitcoin? Likewise, anything the genius child gets excited about and tries to communicate with his friends and family about is likely only to get discouragement and quizzical looks. This is more likely to be true in blue collar families and poor families than in white collar or affluent families. Guess what the occupation of the world's highest IQ man is? Bouncer. This kid who built the nuclear reactor ended up joining the military. These poor kids often never reach their full potential. God knows how many Teslas (invented A/c electricity, radio, flourescent lights, radar, x-rays, & electric motor) and Enrico Fermis (nuclear reactor) ended up in jobs like grunt soldier and bouncer. Sad.

When I have the money someday, I'd like to build a free school equipped with the latest scientific lab equipment and best professors to teach gifted children of blue collar / poor families for free. It is a boarding school so they can come from any corner of this planet. They'll get frequent plane tickets home for visits and unlimited internet access to videoconference with their family back home. Kinda like that X-men school. This would be a great way to accelerate scientific development on this planet and improve the lives of everyone on our world.

The chances are equal to a kid that invents a nuclear bomb
newbie
Activity: 42
Merit: 0
Can someone please calculate the odds of life spontaneously creating itself from dead materia? Thank you Smiley
member
Activity: 78
Merit: 10
oh,don't worry about it, just be more attentive with creation wallet address
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
If bitcoinaddress.org can make a bitcoin address and private key offline, theoretically, someone else might've already made an identical wallet elsewhere because you did not register on the blockchain since it was created offline.

Theoretically?  You mean n the same way that, theoretically, all the air in the room could spontaneously collect in one corner leaving a vacuum in the rest of the room and causing everyone to suffocate and die?


Wow dude, I'm going to use this quote very often! Very powerful and very funny.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
is it possible to manipulate a new wallet address (read: generate one by yourself and not a random one) by experts ? or is it 100% safe

You can't manipulate it; it's completely safe
full member
Activity: 168
Merit: 100
is it possible to manipulate a new wallet address (read: generate one by yourself and not a random one) by experts ? or is it 100% safe
hero member
Activity: 742
Merit: 502
Circa 2010
The chances are equal to a kid that invents a nuclear bomb

Some kid got pretty close a while back. Only difference between a thermonuclear bomb and a nuclear reactor is the control rods. See here:

http://en.wikipedia.org/wiki/David_Hahn
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
The chances are equal to a kid that invents a nuclear bomb

Even less than that. I can imagine a super intelligent kid, but I can't imagine duplicate public / private keys
newbie
Activity: 8
Merit: 0
The chances are equal to a kid that invents a nuclear bomb
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
I heard there are more Bitcoin addresses possible than there are atoms in the universe.

The number of bitcoin addresses is big.  Very VERY big.  But, to say that there are more bitcoin addresses than atoms in the entire universe is what would be called an exaggeration.

The last I saw, the number of atoms in the entire observable universe is estimated to be within the range of 1078 to 1082.

The number of possible bitcoin addresses is less than 1049.

what if someone made a computer script that automatically created addresses and checks the balances? i'm guessing that if it were the case, it still wouldn't be worth it, considering that the electricity costs would likely be more than the potential $$$ you can make by stealing from others.

That scenario is addressed in this infographic, quoted from gweedo's post:
https://bitcointalksearch.org/topic/fake-the-database-of-all-of-the-bitcoin-private-keys-587371

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