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Bitcoin / Bitcoin Discussion / Re: 79,228,162,514,264,337,593,543,950,336 Private keys per bitcoin address?
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on: May 15, 2021, 12:52:23 AM
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Yeah I figured as much. It wasnt until I did the math that i realised it. Still impossible to brute force but not as secure as I first thought!
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Bitcoin / Bitcoin Discussion / Re: 79,228,162,514,264,337,593,543,950,336 Private keys per bitcoin address?
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on: May 14, 2021, 03:35:28 AM
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i did  Hi guess just doing some math on keys to address ratio's. We were always led to believe that their was 1 private key per bitcoin address. This is not even close. If I am wrong please tell me how:
There are: 115,792,089,237,316,195,423,570,985,008,687,907,852,837,564,279,074,904,382,605,163,141,518,161,494,336 possible private keys that are valid for bitcoin addresses
There are: 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 possible valid bitcoin addresses (2^160)
This means their are: 79,228,162,514,264,337,593,543,950,336 private keys per Bitcoin address
This means that if I have a newly generated Bitcoin address that I created by generating a valid public key converting to public key to address, their will be 79,228,162,514,264,337,593,543,950,336 other private keys that will end up with the same result (address).
Like I said if I am wrong tell me!
you are wrong. use smaller numbers to understand why you are wrong. there are 100 keys and only 10 addresses it means 90 keys do not get assigned and the ten addresses get 10 keys. that isnt the case. All valid private keys get assigned. Show me a valid private key within range that you cant convert to a valid bitcoin address. You cant!!! ALL 115,792,089,237,316,195,423,570,985,008,687,907,852,837,564,279,074,904,382,605,163,141,518,161,494,336 valid private keys can be converted into 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 bitcoin addresses!!! |
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Bitcoin / Bitcoin Discussion / Re: 79,228,162,514,264,337,593,543,950,336 Private keys per bitcoin address?
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on: May 14, 2021, 03:28:16 AM
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Hi guess just doing some math on keys to address ratio's. We were always led to believe that their was 1 private key per bitcoin address. This is not even close. If I am wrong please tell me how:
There are: 115,792,089,237,316,195,423,570,985,008,687,907,852,837,564,279,074,904,382,605,163,141,518,161,494,336 possible private keys that are valid for bitcoin addresses
There are: 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 possible valid bitcoin addresses (2^160)
This means their are: 79,228,162,514,264,337,593,543,950,336 private keys per Bitcoin address
This means that if I have a newly generated Bitcoin address that I created by generating a valid public key converting to public key to address, their will be 79,228,162,514,264,337,593,543,950,336 other private keys that will end up with the same result (address).
Like I said if I am wrong tell me!
you are wrong. lol ok explain |
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Bitcoin / Bitcoin Discussion / 79,228,162,514,264,337,593,543,950,336 Private keys per bitcoin address?
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on: May 14, 2021, 03:20:06 AM
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Hi guess just doing some math on keys to address ratio's. We were always led to believe that their was 1 private key per bitcoin address. This is not even close. If I am wrong please tell me how:
There are: 115,792,089,237,316,195,423,570,985,008,687,907,852,837,564,279,074,904,382,605,163,141,518,161,494,336 possible private keys that are valid for bitcoin addresses
There are: 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976 possible valid bitcoin addresses (2^160)
This means their are: 79,228,162,514,264,337,593,543,950,336 private keys per Bitcoin address
This means that if I have a newly generated Bitcoin address that I created by generating a valid public key converting to public key to address, their will be 79,228,162,514,264,337,593,543,950,336 other private keys that will end up with the same result (address).
Like I said if I am wrong tell me!
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