It seems almost impossible in bitcoin to have collision of private keys but since generation is base on random numbers theoretically it is possible. If it then happens as such both original and colliding owner of the address can spend funds in the wallet
Check here for more clarification
https://crypto.stackexchange.com/questions/33821/how-to-deal-with-collisions-in-bitcoin-addresses#:~:text=Since%20Bitcoin%20addresses%20are%20basically,money%20sent%20to%20that%20address.
Topic: Collisions on private addresses? Balances? - page 3. (Read 594 times)
I have seen that there are
1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976
Bitcoin addresses.
If I wrote a computer program that generates private btc addresses and then generated the public address, if that public address has a balance, and if I then imported that private address into a wallet, could I claim the money on that wallet?
How many addresses would nee to be checked before I found an address with a balance?
Thanks.
1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976
Bitcoin addresses.
If I wrote a computer program that generates private btc addresses and then generated the public address, if that public address has a balance, and if I then imported that private address into a wallet, could I claim the money on that wallet?
How many addresses would nee to be checked before I found an address with a balance?
Thanks.
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