What if all possible bitcoin wallets are owned? - page 2.

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: Shogen on February 27, 2015, 03:02:04 PM

Quote from: koelen3 on February 27, 2015, 02:55:39 PM

What's f**cking Zeptometre and Yoctoseconds Undecided

Just some rarely used SI prefixes. "zepto-" stands for 10^-21 and "yocto-" stands for 10^-24.
http://en.wikipedia.org/wiki/Metric_prefix#List_of_SI_prefixes

wow! why do we even need that shit!
Too much for me . Undecided

Shogen

legendary

Activity: 966

Merit: 1001

Quote from: koelen3 on February 27, 2015, 02:55:39 PM

What's f**cking Zeptometre and Yoctoseconds Undecided

Just some rarely used SI prefixes. "zepto-" stands for 10^-21 and "yocto-" stands for 10^-24.
http://en.wikipedia.org/wiki/Metric_prefix#List_of_SI_prefixes

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

bitcoin wallet has generate automatically with numeric and mathematic system
thats why its revolutioner

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: erre on February 25, 2015, 07:05:39 PM

This is more appropriate:

What's f**cking Zeptometre and Yoctoseconds Undecided

Erza

legendary

Activity: 1078

Merit: 1000

i don't think it will done ever
even if someone setup system to generate a lot of new addresses automatically then it will take them hundreds of the years or more

randy8777

legendary

Activity: 896

Merit: 1000

would it be possible that a fork brings us way more addresses and still let us use our current ones?

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

It is practically impossible for one to generate all the addresses available without a few thousand hardware from the future (few hundred years). Why would someone even want to try it? It would just be a waste of resources.

Q7

sr. member

Activity: 448

Merit: 250

If I were you I won't be bothered at all as the possibility is so low. Too low, like almost zero probability to have the same address owned by two different person. Even in advancement in computing power for years to come it will take a whole lifetime for things like that to happen.

yenzae0215

full member

Activity: 140

Merit: 100

it will take yearssssssss to generate all possible BTC address but just in case, maybe they can add atleast 1 character to it

VoR0220

newbie

Activity: 24

Merit: 0

That's pretty damn cool. Not gonna lie. Anyways, thanks for the response guys. Appreciate the education.

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: erre on February 25, 2015, 07:05:39 PM

This is more appropriate:

This is really mindblowing. Bitcoin will survive until universe explodes.

Velkro

legendary

Activity: 2296

Merit: 1014

Chart couple posts above should end this discussion.
There is more bitcoin addresses than all grains of sands in all beaches of the world

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

There are too many bitcoin addresses that can be generated. Generating them all requires a computing power that's never been heard of before, and can be possibly invented after millions of years from now. It is possible, but is very improbable at the current time frame.

jjacob

legendary

Activity: 1554

Merit: 1026

★Nitrogensports.eu★

Quote from: VoR0220 on February 25, 2015, 06:46:21 PM

It is my understanding that bitcoin wallets are created through a hash table with 64 bits of alphanumeric characters. What happens when all wallets are completely used up? What happens then? Just a curiosity question.

I guess you are talking about bitcoin addresses and not wallets. Given the number of addresses possible, it is unlikely to happen when mankind rules.

There are so many addresses that the probability of an identical address being generated by 2 users is almost zero. That should happen long before all addresses are used up.

Amph

legendary

Activity: 3248

Merit: 1070

it would take a huge amount of time, which is impossible for any human, maybe some alien technology in the future can make it possible

activebiz

hero member

Activity: 518

Merit: 500

that's not possible as there are over 2^160 possible addresses

VoR0220

newbie

Activity: 24

Merit: 0

Quote from: gmaxwell on February 25, 2015, 07:07:00 PM

Quote from: VoR0220 on February 25, 2015, 06:46:21 PM

It is my understanding that bitcoin wallets are created through a hash table with 64 bits of alphanumeric characters.

Your understanding is incorrect. There is no hashtable involved anywhere, and Bitcoin addresses have 160 bits of data.

thank you for the correction.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Quote from: gmaxwell on February 25, 2015, 07:07:00 PM

Quote from: VoR0220 on February 25, 2015, 06:46:21 PM

It is my understanding that bitcoin wallets are created through a hash table with 64 bits of alphanumeric characters.

Your understanding is incorrect. There is no hashtable involved anywhere, and Bitcoin addresses have 160 bits of data.

Just have to stop by and say how awesome it is that people with incredible inside knowledge and understanding like gmaxwell just stop by and help answering questions from people who are new to Bitcoin. Awesome!!!

gmaxwell

staff