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Bitcoin => Bitcoin Discussion => Topic started by: tsaroz on May 18, 2016, 10:38:11 PM



Title: What if we ran out of bitcoin address?
Post by: tsaroz on May 18, 2016, 10:38:11 PM
I've read there would be 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 combinations. But with the exploding use of new bitcoin address for every transactions and with the ease of creating address, some automated bots can create unlimited number of addresses. So what if we ran out of bitcoin address. Is it even possible?


Title: Re: What if we ran out of bitcoin address?
Post by: tommorisonwebdesign on May 18, 2016, 10:45:06 PM
I've read there would be 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 combinations. But with the exploding use of new bitcoin address for every transactions and with the ease of creating address, some automated bots can create unlimited number of addresses. So what if we ran out of bitcoin address. Is it even possible?
I think this thread has been answered before. there is no need to worry about the number of addresses. Go back to school and take a calculus course. They will teach about imaginary numbers never reaching the x or y axis on a graph. if that's too difficult to explain, go back to school and upgrade your Math.


Title: Re: What if we ran out of bitcoin address?
Post by: --Encrypted-- on May 18, 2016, 10:45:25 PM
I'd be surprised if the sun haven't turned into a red giant and swallowed earth by then. scientists estimated that to happen in 5 billion years, btw.


Title: Re: What if we ran out of bitcoin address?
Post by: Bloxy on May 18, 2016, 10:47:22 PM
Although this is definitely possible, it would never happen any time soon. There are just too many combinations...


Title: Re: What if we ran out of bitcoin address?
Post by: mogrith on May 18, 2016, 10:49:28 PM
I've read there would be 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 combinations. But with the exploding use of new bitcoin address for every transactions and with the ease of creating address, some automated bots can create unlimited number of addresses. So what if we ran out of bitcoin address. Is it even possible?
I think this thread has been answered before. there is no need to worry about the number of addresses. Go back to school and take a calculus course. They will teach about imaginary num,bers never reaching the x or y axis on a graph. if that's too difficult to explain, go back to school and upgrade your Math.

At 1billion (10^9) addresses per sec
~1,461,501,637,330,902,918,203,684,832,716,283,019,655 sec before we run out or ~4.63 * 10^31 years


Title: Re: What if we ran out of bitcoin address?
Post by: The Sceptical Chymist on May 18, 2016, 10:53:55 PM
Yes it's possible, but by the time it happens our sun will have burned out and will be a dark, smoking cinder.  Bitcoin and humanity will have moved on, and we will probably have evolved far past the need for money.


Title: Re: What if we ran out of bitcoin address?
Post by: Cryddit on May 18, 2016, 11:01:45 PM
Yes it's possible, but by the time it happens our sun Every Star In This Galaxy will have burned out and will be a dark, smoking cinder.  Bitcoin and humanity will have moved on, and we will probably have evolved far past the need for money.

FTFY. 


Title: Re: What if we ran out of bitcoin address?
Post by: arwin100 on May 18, 2016, 11:17:27 PM
Nah it will not gonna happen as you can see our address theirs a lot of letters can be rumble and by tht we cannot run out of btc address, dont worry it will not gonna happen its like stars in sky that you cannot count, it takes billion of years maybe by that if years pass and trillions of user will use wallet by that it can be possible. But really men its impossible.


Title: Re: What if we ran out of bitcoin address?
Post by: DannyHamilton on May 18, 2016, 11:26:38 PM
Is it even possible?

No.

- snip -
imaginary numbers
- snip -

No. Please take your sig spam elsewhere.

Although this is definitely possible,
- snip -

No.

Yes it's possible,
- snip -

No. Please take your sig spam elsewhere.

- snip -
it takes billion of years maybe by that if years pass and trillions of user will use wallet by that it can be possible.
- snip -

No. Please take your sig spam elsewhere.



Title: Re: What if we ran out of bitcoin address?
Post by: The Sceptical Chymist on May 18, 2016, 11:29:36 PM
Is it even possible?

No.

- snip -
imaginary numbers
- snip -

No. Please take your sig spam elsewhere.

Although this is definitely possible,
- snip -

No.

Yes it's possible,
- snip -

No. Please take your sig spam elsewhere.

- snip -
it takes billion of years maybe by that if years pass and trillions of user will use wallet by that it can be possible.
- snip -

No. Please take your sig spam elsewhere.


Hit the ignore button, asshole.  I know you're completely biased against signature campaigns, but that's your problem.  What I wrote was far more constructive than yours--but this is a silly argument to have and I'm bored with it already.


Title: Re: What if we ran out of bitcoin address?
Post by: tsaroz on May 19, 2016, 12:42:22 AM
Thank you for your answers. The conclusion would be Though possible it is unlikely to run out of bitcoin address even if we create billions of addresses per second for next billions of years..