Replying to Avatar ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

ooh, yeah, 116 bits is literally how much bruteforce countermeasure there is between a bitcoin address and the pubkey it relates to, that is VERY strong protection, you can't generate that many hashes in a thousand years even if computer's continue to proliferate at the rate they are now, certainly it's unlikely to happen in less than 100 years, assuming a massive breakthrough in mathematics and computational device technology
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Comte de Sats Germain 1y ago

That's a lot to wrap my puny brain around, but I guess wallet software can do the work of finding any hidden addresses it can access. Is anyone actually implementing it?

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ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

yeah, HD keychains have been around since like, idk, 2014 or something, and it's simple to scan for them, you just generate the next 20 or so keys and monitor the mempool for the ripemd160 hash of the pubkeys from your keychain

satoshi was already gone by the time that all became commonplace, it's also a critical security element of the tech, without HD keychains you can easily lose your sats

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Comte de Sats Germain 1y ago

Ohhh its just the HD stuff? I thought it was a new thing