i want to ask you something. i think about creating address... what if your created wallet has my private key also? i mean is there any chance to create same private key and address?
i want to explain more because my english;
for example; i use 1sT2GVdd3... for a while. and i have 10BTC atm. somebody, who wnats to start BTC create bttc address. and what a lovely... multibit create same address!!! :S is it possible?
Yes that is why that new BIP-XXX or wtf was its name, is used to create deterministic addresses.
So you only need 1 random number as a seed and you can generate a really big hash from that using even a flawed RNG because without the initial seed they cant even find out the flawed mechanism
Random + Nonrandom = Random
Nonrandom+Nonrandom = Nonrandom
Atleast thats how i understand cryptography.