Author

Topic: [Newbie question] Wallets repeating ? (Read 897 times)

legendary
Activity: 3472
Merit: 4801
July 01, 2013, 05:26:18 PM
#15
If you would have searched a little you would have found this thread that was created last Friday. Wink

https://bitcointalksearch.org/topic/same-public-key-246544

Somehow I didn't find, mayby because I was looking for wallet and not public key.

Anyways - can I find anywhere how EXACLY are public keys generated? How random are they?

Sure.  You can look in the source code.

I believe that the keys are generated with a call to EC_KEY_generate_key() from the OpenSSL library after a call to RandAddSeedPerfmon()

full member
Activity: 203
Merit: 100
July 01, 2013, 04:58:13 PM
#14
newbie
Activity: 39
Merit: 0
July 01, 2013, 04:54:10 PM
#13
If you would have searched a little you would have found this thread that was created last Friday. Wink

https://bitcointalksearch.org/topic/same-public-key-246544

Somehow I didn't find, mayby because I was looking for wallet and not public key.

Anyways - can I find anywhere how EXACLY are public keys generated? How random are they?
full member
Activity: 191
Merit: 100
July 01, 2013, 04:29:09 PM
#12
If you would have searched a little you would have found this thread that was created last Friday. Wink

https://bitcointalksearch.org/topic/same-public-key-246544
newbie
Activity: 28
Merit: 0
July 01, 2013, 03:46:31 PM
#11
hmm that is weird
legendary
Activity: 1050
Merit: 1002
July 01, 2013, 03:38:57 PM
#10
What if I create 1000000000 addresses?

What if you create 1,000,000,000 addresses? You have no worry. Here's why. That number is 1 billion or 10^9.

Imagine how many grains of sand there are on a beach. Got it? Now, realize that in one grain of sand there are about 22,000,000,000,000,000,000 atoms (over 10^18).

Now imagine how many atoms there must be in the entire universe. Got it?

Realize the number of possible bitcoin addresses is about 1 for every 8 atoms in the universe.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
July 01, 2013, 02:45:39 PM
#9
It's like generaaaaaaaaaating the same bitcoin address

It's a free advance on your Mt Gox trades
It's the USD that you just can't take
And they've always fudged the figures


...or something like that. Wink

+bitcointip cp1 0.005 BTC
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
July 01, 2013, 02:40:50 PM
#8
Its possible that you win 7 times the lottery and you die 1 second after?
Yes.

That would be ironic. Don't ya think?

It's like generaaaaaaaaaating the same bitcoin address
hero member
Activity: 546
Merit: 500
July 01, 2013, 02:39:38 PM
#7
Its possible that you win 7 times the lottery and you die 1 second after?
Yes.

That would be ironic. Don't ya think?
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
July 01, 2013, 02:06:00 PM
#6
More like 1208925819614629174706176 addresses
newbie
Activity: 39
Merit: 0
July 01, 2013, 02:00:52 PM
#5
What if I create 1000000000 addresses?
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
July 01, 2013, 01:15:24 PM
#4
Is it possible that when I create my wallet it will be created with the same security key as a wallet that was previously created and used? Wallets are created offline so how it checks if it isn't duplicated? Even if this is highly unlikely, is it possible?
It is possible, but as people said, highly unlikely. Bitcoin generates the private keys via a pseudo-random generator that uses various data from the OS as the seed(internally in OpenSSL).
rme
hero member
Activity: 756
Merit: 504
July 01, 2013, 01:12:00 PM
#3
Its possible that you win 7 times the lottery and you die 1 second after?
Yes.
legendary
Activity: 978
Merit: 1001
July 01, 2013, 01:09:51 PM
#2
It is possible, just highly unlikely likely.
newbie
Activity: 39
Merit: 0
July 01, 2013, 01:03:54 PM
#1
Is it possible that when I create my wallet it will be created with the same security key as a wallet that was previously created and used? Wallets are created offline so how it checks if it isn't duplicated? Even if this is highly unlikely, is it possible?
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