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I’m curious to know y’all’s opinion on this. Can two individuals generate the same #Bitcoin address?

As I begin setting up some #Bitaxe miners, what’s the possibility that I generate a #Bitcoin address and down the line someone else generates the same address. Who would get the funds/rewards?

#AskNostr #GrowNostr

dankey 1y ago

That number is ridiculously giant, our mind can't understand it.

About 2^160 addresses

There's are about 2^80 atoms in the observable universe.

There are about 7.5 x 10^18 grains of sand on planet earth.

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Discussion

falsefaucet 1y ago

This

ben 1y ago

I hope I get a nice address 🤣

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TheDecentralizedVeteran 1y ago

Gotcha. So practically impossible to generate the same exact address?

dankey 1y ago

Odds are zero. No worries.

TheDecentralizedVeteran 1y ago

🫡

Bard 1y ago

1 in 2^160 is not 0.

dankey 1y ago

So we should be worried? I don't think so. On paper is not zero, but in real life it is.

Bard 1y ago

It was a dink comment. Sorry.

I value precision more than most and it got the best of me this time.

dankey 1y ago

No problem I get your point, my statement should have included "in practice" 😘