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Topic: Is it possible for two private keys/clients to generate identical BTC address ? - page 2. (Read 4233 times)

Hal
vip
Activity: 314
Merit: 3853
Is it possible for me to win every lottery for the next ten years, just by luck?

If so,what would happen?

Would they stop having lotteries because they assume I cheated?

Would I be worshipped as a god?
donator
Activity: 826
Merit: 1041
Although it's theoretically possible, the chance of this happening is zero for all practical purposes.
legendary
Activity: 1526
Merit: 1129
1. Yes.

2. Both people will be able to spend the coins. Whoever spends first gets them, the second person to try and spend them will fail to do so.

However the chances of this happening are very low.
legendary
Activity: 1470
Merit: 1005
Bringing Legendary Har® to you since 1952
As far as i understand, the receiving addresses are generated pseudo-randomly based on private keys which are generated when the bitcoin client is first run.

So,

1. Is it possible (however veeeeery unlikely / low probability) for 2 clients to generate the same adress ?
2. If yes, then what will happen if somebody sends bitcoins to that address ? Will both people receive the coins, none of them or some other weird thing will happen ?
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