Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Harchive on April 11, 2022, 08:10:20 AM



Title: A question about crypto wallets
Post by: Harchive on April 11, 2022, 08:10:20 AM
If millions of people keeps generating addresses on BTC wallet for example can this get faulty some day? Like generating someone else wallet and having access to their wallet? I've take a look at many recovery seeds and the words sometimes look alike, I'm just curious .


Title: Re: A question about crypto wallets
Post by: Reid on April 11, 2022, 08:34:53 AM
Here's your answer.
https://bitcointalk.org/index.php?topic=161287.0
Chances are very low that it may never happen. The examples on the given link though are hilarious. Old times.
Here's more if you are also worried about the public address being a duplicate. There are duplicates but in a different chain like one of my BTC public address also being used in the BCH chain.
https://bitcointalk.org/index.php?topic=233503.0


Title: Re: A question about crypto wallets
Post by: Bttzed03 on April 11, 2022, 09:05:38 AM
If millions of people keeps generating addresses on BTC wallet for example can this get faulty some day? Like generating someone else wallet and having access to their wallet? I've take a look at many recovery seeds and the words sometimes look alike, I'm just curious .
From my limited knowledge, generating seed phrase was designed to be truly random. Some words could be the same but it's extremely unlikely that all words generated from each wallet (12 or 24 seed phrase format) will be in exactly the same order.



Since you're using a bitcoin wallet as an example, I think your topic is better suited for the technical discussion board. You'll get better answers there.