What stops people creating the same bitcoin address?

Reynaldo

legendary

Activity: 1143

Merit: 1000

Quote from: Amph on October 09, 2015, 02:30:57 PM

Quote from: odolvlobo on October 08, 2015, 05:53:10 PM

Quote from: Amph on October 08, 2015, 03:37:13 AM

it may be possible in the future(very far away future) if something new emerge from the scienze or universe, for example the dark matter is still unknown, you don't know its interaction with something else

still collisions are far away from being impossible, so who know maybe it could happen one day

That's a silly thing to write. The odds of an address collision are less than the odds of two people selecting the same molecule of water.

still so far away from being impossible, not even funny, it does not matter how hard or how unbelievable low are the odds, if it is not impossible it's possible

i'm not saying that it will happen tomorrow or in 1B years, i'm saying that a really impossible thing will not happen EVER, no matter what tech will be discovered, or how many trillions of years(assuming that the universe can live forever) will pass

Quote from: Reynaldo on October 08, 2015, 05:58:52 PM

you are really silly to think that "the dark matter is still unknown" instead of reading internet's trash, buy some physics books..

not completely unknown, but still there are many thing to discover, and like they have discovered the dark matter they cna discover something else

if you think that scientists all around the world are done with physics, and everything is settled, you're utterly wrong

I know everything is not discovered but coming with fud that nobody talks about doesnt mean that people do not know anything about this. This topic is full of trolls, just watch the guy who said that::

Quote from: Anmol_Verma on October 10, 2015, 11:10:52 PM
When a new address is generated it checks that it has not been used earlier in bitcoin network.

coinableS

legendary

Activity: 1442

Merit: 1186

Quote from: Anmol_Verma on October 10, 2015, 11:10:52 PM

When a new address is generated it checks that it has not been used earlier in bitcoin network.

odolvlobo

legendary

Activity: 4438

Merit: 3387

Quote from: Anmol_Verma on October 10, 2015, 11:10:52 PM

When a new address is generated it checks that it has not been used earlier in bitcoin network.

That's not true, but you don't care because you are just posting to increase your post count.

Anmol_Verma

member

Activity: 112

Merit: 10

When a new address is generated it checks that it has not been used earlier in bitcoin network.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: rscholey on October 07, 2015, 01:01:25 AM

But what is to stop some of those addresses from being the same?

Math, and entropy.

If you have a genuine random number generator, then its nearly impossible to generate the 2 simultaneous addresses.

If you have a flawed random number generator, that generates numbers in patterns, then its possible, but its concerning this way.

ontrackk

sr. member

Activity: 336

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

bitcoin wouldnt be safe at all if people could create the same adresses easily

forwardded

newbie

Activity: 41

Merit: 0

nothing stops them it is just nearly impossible to do that

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: odolvlobo on October 09, 2015, 04:44:41 PM

Quote from: Amph on October 09, 2015, 02:30:57 PM

Quote from: odolvlobo on October 08, 2015, 05:53:10 PM

Quote from: Amph on October 08, 2015, 03:37:13 AM

it may be possible in the future(very far away future) if something new emerge from the scienze or universe, for example the dark matter is still unknown, you don't know its interaction with something else
still collisions are far away from being impossible, so who know maybe it could happen one day

That's a silly thing to write. The odds of an address collision are less than the odds of two people selecting the same molecule of water.

still so far away from being impossible, not even funny, it does not matter how hard or how unbelievable low are the odds, if it is not impossible it's possible

It's silly because every probability is far away from being impossible, and because a collision is so unlikely that it is not worth even considering.

only because we don't live forever(i mean the human genre, not us as a single individual), otherwise at one point there will be a way to make it possible

the real problem is not only collision, but is a right collision with a key that have tons of bitcoin

odolvlobo

legendary

Activity: 4438

Merit: 3387

Quote from: Amph on October 09, 2015, 02:30:57 PM

Quote from: odolvlobo on October 08, 2015, 05:53:10 PM

Quote from: Amph on October 08, 2015, 03:37:13 AM

it may be possible in the future(very far away future) if something new emerge from the scienze or universe, for example the dark matter is still unknown, you don't know its interaction with something else
still collisions are far away from being impossible, so who know maybe it could happen one day

That's a silly thing to write. The odds of an address collision are less than the odds of two people selecting the same molecule of water.

still so far away from being impossible, not even funny, it does not matter how hard or how unbelievable low are the odds, if it is not impossible it's possible

It's silly because every probability is far away from being impossible, and because a collision is so unlikely that it is not worth even considering.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: odolvlobo on October 08, 2015, 05:53:10 PM

Quote from: Amph on October 08, 2015, 03:37:13 AM

it may be possible in the future(very far away future) if something new emerge from the scienze or universe, for example the dark matter is still unknown, you don't know its interaction with something else

still collisions are far away from being impossible, so who know maybe it could happen one day

That's a silly thing to write. The odds of an address collision are less than the odds of two people selecting the same molecule of water.

still so far away from being impossible, not even funny, it does not matter how hard or how unbelievable low are the odds, if it is not impossible it's possible

i'm not saying that it will happen tomorrow or in 1B years, i'm saying that a really impossible thing will not happen EVER, no matter what tech will be discovered, or how many trillions of years(assuming that the universe can live forever) will pass

Quote from: Reynaldo on October 08, 2015, 05:58:52 PM

you are really silly to think that "the dark matter is still unknown" instead of reading internet's trash, buy some physics books..

not completely unknown, but still there are many thing to discover, and like they have discovered the dark matter they can discover something else

if you think that scientists all around the world are done with physics, and everything is settled, you're utterly wrong

Reynaldo

legendary

Activity: 1143

Merit: 1000

Quote from: jacktheking on October 07, 2015, 01:30:17 AM

I read there is as many Bitcoin addresses as the sands on the earth. Although the chances to generate the same Bitcoin address is small... everyone should take precaution by spreading their coins in multiple addresses.

I try to avoid here to get +1 posts but this guy is just trolling, can we proceed to report this guy? "everyone should take precaution by spreading their coins in multiple addresses" this is the most retarded thing that you can say, before spreading FUD you should go read about something or at least edit the post after the information was posted

Quote from: odolvlobo on October 08, 2015, 05:53:10 PM

Quote from: Amph on October 08, 2015, 03:37:13 AM

it may be possible in the future(very far away future) if something new emerge from the scienze or universe, for example the dark matter is still unknown, you don't know its interaction with something else

still collisions are far away from being impossible, so who know maybe it could happen one day

That's a silly thing to write. The odds of an address collision are less than the odds of two people selecting the same molecule of water.

you are really silly to think that "the dark matter is still unknown" instead of reading internet's trash, buy some physics books..

odolvlobo

legendary

Activity: 4438

Merit: 3387

Quote from: Amph on October 08, 2015, 03:37:13 AM

it may be possible in the future(very far away future) if something new emerge from the scienze or universe, for example the dark matter is still unknown, you don't know its interaction with something else

still collisions are far away from being impossible, so who know maybe it could happen one day

That's a silly thing to write. The odds of an address collision are less than the odds of two people selecting the same molecule of water.

Amph

legendary

Activity: 3248

Merit: 1070

it may be possible in the future(very far away future) if something new emerge from the scienze or universe, for example the dark matter is still unknown, you don't know its interaction with something else

still collisions are far away from being impossible, so who know maybe it could happen one day

jaberwock

legendary

Activity: 2660

Merit: 1074

A good hash function + randomness, so will be highly unlikely to generate the same address(not feasible in any reasonable amount of time using any feasible resources).

And even if you find a collision, will be highly unlikely that you'll find an address that has some decent amount of BTC

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: odolvlobo on October 07, 2015, 10:19:57 PM

Quote from: shorena on October 07, 2015, 02:11:54 AM

Quote from: norzgonz on October 07, 2015, 02:08:06 AM

-snip-
All these points are based on probability.
But I want to know how sure a repeated bitcoin address is prevented?
I knew bitcoin address can be generated in offline too.
I guess a time based and System ID or/and IP based coding must be there to prevent a repeated address.

What you say is: I know dice are random, but I want to know what prevents people from rolling a 6 a trillion times in a row, there must be some system in place to prevent that.

You are exaggerating. 2¹⁶⁰ is approximately equal to 6⁶², so the real probability is the same as rolling a 6 62 times in a row. But that is the probability of generating a particular address. The chances of generating any address that someone has a private for is more like 6⁵⁰, give or take a few orders of magnitude.

Thanks, I fixed it.

odolvlobo

legendary

Activity: 4438

Merit: 3387

Quote from: shorena on October 07, 2015, 02:11:54 AM

Quote from: norzgonz on October 07, 2015, 02:08:06 AM

-snip-
All these points are based on probability.
But I want to know how sure a repeated bitcoin address is prevented?
I knew bitcoin address can be generated in offline too.
I guess a time based and System ID or/and IP based coding must be there to prevent a repeated address.

What you say is: I know dice are random, but I want to know what prevents people from rolling a 6 a trillion times in a row, there must be some system in place to prevent that.

You are exaggerating. 2¹⁶⁰ is approximately equal to 6⁶², so the real probability is the same as rolling a 6 62 times in a row. But that is the probability of generating a particular address. The chances of generating any address that someone has a private for is more like 6⁵⁰, give or take a few orders of magnitude.

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: Pony789 on October 07, 2015, 01:16:03 AM

The chance for an address collision to happen is nonzero but extremely small, since there are a total of 2²⁵⁶ private keys and 2¹⁶⁰ valid bitcoin addresses. https://bitcointalk.org/index.php?topic=104461.0;all could help you understand it better how tiny the chance is.

far more common is to random number generator is faulty, so its generating same addresses
happened couple times before

Quickseller

copper member

Activity: 2926

Merit: 2348

Quote from: norzgonz on October 07, 2015, 02:08:06 AM

Quote from: Quickseller on October 07, 2015, 01:27:21 AM

Quote from: rscholey on October 07, 2015, 01:01:25 AM

But what is to stop some of those addresses from being the same?

Randomness
An extremely large set of potential addresses that can be created
The fact that if the most efficient technology possible (based on our current understanding of physics) were to somehow harvest all of the energy of the sun, all of the possible Bitcoin addresses would not be generated after a thousand years

All these points are based on probability.
But I want to know how sure a repeated bitcoin address is prevented?
I knew bitcoin address can be generated in offline too.
I guess a time based and System ID or/and IP based coding must be there to prevent a repeated address.

There is nothing that will prevent the same address from being generated more then once. Assuming that your private key is generated in a truly random way then the chances of this happening are nearly zero.

If the method that you use to generate private keys is somehow flawed (eg you use a weak random number generator) then the chances of generating the same private key as someone else would increase.

You need to remember that it is always possible that one person may wish to use the same address across multiple computers/locations, and that the network does not actually do anything when a new address is generated (addresses can be generated offline).

altcoinhosting

hero member

Activity: 896

Merit: 1006

I would worry a lot more about things like brainwallet keys from users that used really simple passphrases... They can be generated twice by different users, but a random private key, chances are soooooo small

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: norzgonz on October 07, 2015, 02:08:06 AM

-snip-
All these points are based on probability.
But I want to know how sure a repeated bitcoin address is prevented?
I knew bitcoin address can be generated in offline too.
I guess a time based and System ID or/and IP based coding must be there to prevent a repeated address.

What you say is: I know dice are random, but I want to know what prevents people from rolling a 6 ~~trillion~~ 50 times in a row, there must be some system in place to prevent that.

Edit: fixed with more realistic numbers, thanks to odolvlobo below.

Topic: What stops people creating the same bitcoin address? (Read 1943 times)