Topic: Offline Wallet Address Duplication (Read 109 times)
anyone please share your knowledge.
Thank you all for your reply.
I know for online wallets, it might not be a problem, i mean it could be verified easily. And chances are very very few for duplication.
But for offline, how it generates address ? definitely it will be using some parameters and on the basis of it generates address. What are those parameters which ensures unique address while it is not connected to the blockchain or internet?
I know for online wallets, it might not be a problem, i mean it could be verified easily. And chances are very very few for duplication.
But for offline, how it generates address ? definitely it will be using some parameters and on the basis of it generates address. What are those parameters which ensures unique address while it is not connected to the blockchain or internet?
I have the same opinion with those who have commented before me. The possibility of having the same wallet address is 1 is to 1 million thus it is very rare to panic about something which happen very rarely. But if you are really worried then you create your wallet online so you will not to think about those kind of unnecessary problems. Just remember that if you cannot solve your problems just select other options.
There is a very small chance of that. But it does exist.
https://www.computerworld.com/article/2483698/malware-vulnerabilities/google-patches-android-after-bitcoin-wallet-issue.html
https://www.computerworld.com/article/2483698/malware-vulnerabilities/google-patches-android-after-bitcoin-wallet-issue.html
Guys,
I might sound stupid but one things is bothering me and i couldn't understand that. Please help
I know about the collision thing that it is highly unlikely to generate a duplicate address.
But what if i generate an address via offline wallet (not connected to the internet), how does it know if that address is already been generated or not ? I know all these things about SALT, Hash, Algo rounds etc.
So basically i want to know if what are the parameters that makes it unique even for offline wallet address.
And since it is not connected to the Internet yet so what happens if someone transfer tokens to that address ?
Please bear with my stupidity if it sounds to you. Thanks
I might sound stupid but one things is bothering me and i couldn't understand that. Please help
I know about the collision thing that it is highly unlikely to generate a duplicate address.
But what if i generate an address via offline wallet (not connected to the internet), how does it know if that address is already been generated or not ? I know all these things about SALT, Hash, Algo rounds etc.
So basically i want to know if what are the parameters that makes it unique even for offline wallet address.
And since it is not connected to the Internet yet so what happens if someone transfer tokens to that address ?
Please bear with my stupidity if it sounds to you. Thanks
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