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Author Topic: Will Bitcoin addresses run out soon?  (Read 1053 times)
hinaciaj (OP)
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January 10, 2017, 01:09:03 PM
Last edit: January 13, 2017, 01:42:35 PM by Mitchell
 #1

What if bitcoin adresss end? Huh Huh

i mean maybe in 50 years all the bitcoin adresses will be already used Grin

what can we do to solve this xDDDD

sorry for my fuckedup english but this question confuse me , i hope you understand what  mean xD Cry
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January 10, 2017, 01:41:17 PM
Last edit: January 13, 2017, 01:42:50 PM by Mitchell
 #2

Here you go:

https://bitcointalk.org/index.php?topic=24268.msg304195#msg304195


There are exactly 2^160 possible addresses as long as we keep using RIPE-MD160.

2^160 is 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976.

You won't be able to generate all those addresses, even if you had the largest botnet on earth and you generated addresses nonstop for dozens of years (did not do the actual calculations tough).

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longbob72
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January 10, 2017, 01:41:21 PM
Last edit: January 13, 2017, 01:42:54 PM by Mitchell
 #3

That's not going to happen.

Number of bitcoin address is 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976.
Number of people on earth is 6,987,000,000. And not even 10% of those knows about bitcoins.

Even if each person generates 1,000,000,000 addresses everyday (this is very very very exaggerated), only 126,000,000,000,000,000,000,000 addresses will be created in 50 years.

Even if sometime in the future there are 10,000,000,000 bitcoin users and each person creates 1,000,000,000,000 addresses everyday for 100 years, only 360,000,000,000,000,000,000,000,000 addresses will be created.

                                                                       
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bL4nkcode
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January 10, 2017, 01:53:19 PM
Last edit: January 13, 2017, 01:42:56 PM by Mitchell
 #4

I'm curious also about this topic, but as people those who really knows about the technology of bitcoin explains like as what longbob72 mentioned, it will gives you hints, and so the link given by mocacinno. So it will never happen.
hinaciaj (OP)
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January 10, 2017, 01:56:10 PM
Last edit: January 13, 2017, 01:43:00 PM by Mitchell
 #5

That's not going to happen.

Number of bitcoin address is 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976.
Number of people on earth is 6,987,000,000. And not even 10% of those knows about bitcoins.

Even if each person generates 1,000,000,000 addresses everyday (this is very very very exaggerated), only 126,000,000,000,000,000,000,000 addresses will be created in 50 years.

Even if sometime in the future there are 10,000,000,000 bitcoin users and each person creates 1,000,000,000,000 addresses everyday for 100 years, only 360,000,000,000,000,000,000,000,000 addresses will be created.
no i get it xD
thank you bro
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January 10, 2017, 08:41:14 PM
Last edit: January 13, 2017, 01:43:03 PM by Mitchell
 #6

What if bitcoin adresss end? Huh Huh

i mean maybe in 50 years all the bitcoin adresses will be already used Grin

what can we do to solve this xDDDD

sorry for my fuckedup english but this question confuse me , i hope you understand what  mean xD Cry
Maybe? You could calculate how many addresses are there and compare them to estimates on diffirent factors.
By my knowledge, its impossible in 50 years and even if, we could easily change couple variables in bitcoin source code to multiply current possible addresses by 10x or 100x easily Smiley so worry not.
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January 11, 2017, 02:08:40 AM
Last edit: January 13, 2017, 01:43:07 PM by Mitchell
 #7

What wallet is producing unlimited address? I think theres none. Im using xapo wallet but everytime i receive funds. The address is just recycling its address generated. I think theres atleast 3-4 addresses generated by my wallet. Its also impossible that bitcoin address will run out of bitcoin address because theres atleast 32 characters to create address. Thats too many.  Besides, bitcoin address is consisting of numbers and letters. Its a really rare that wallet could generate address that is the same as other wallet. If thats happens. It will be a disaster.
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January 11, 2017, 06:19:51 AM
Last edit: January 13, 2017, 01:43:10 PM by Mitchell
 #8

After you have read this, you would see how impossible this would be : https://www.weusecoins.com/amazing-math-bitcoin-private-keys/

If I can quote something, it would be this : " Bitcoin’s private keys are made of numbers (called quindecillions) that are so large, they literally choke the best computers."

See the picture at the top, about the sand. ^smile^ It is basically impossible, if you comprehend that.

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January 13, 2017, 01:39:09 PM
Last edit: January 13, 2017, 01:51:41 PM by Mitchell
 #9

I'm locking this thread because posts were made that contain misinformation or were off-topic. I removed at least five because of obvious reason (or because you happened to quoted them). Also locking it because good answers have already been provided. I would like to make clear that if you don't know anything about a subject, don't post.

OP, I'm sorry that I had to lock your thread, if you still aren't sure about this subject, let me know and I'll gladly re-open your thread.

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