Procedure of creation new eth wallet???

[trickyriky]

I have question.
We all go to myetherwallet. Then click to generate wallet. Is there chance that myetherwallet (or other wallet) will generate same wallet? I mean in theory. For example after 100 years of creation of new wallets. What will be if it generate same wallet?

Or it just somehow checking the same wallet or not?

[Minor Miner]

I have question.
We all go to myetherwallet. Then click to generate wallet. Is there chance that myetherwallet (or other wallet) will generate same wallet? I mean in theory. For example after 100 years of creation of new wallets. What will be if it generate same wallet?

Or it just somehow checking the same wallet or not?

New address doesn't checked with already existed. Check this thread (not at btctalk) more to find particular probabilities =)

[Mister1k]

I have question.
We all go to myetherwallet. Then click to generate wallet. Is there chance that myetherwallet (or other wallet) will generate same wallet? I mean in theory. For example after 100 years of creation of new wallets. What will be if it generate same wallet?

Or it just somehow checking the same wallet or not?

Are you mean that multiple wallet addrress in the same wallet. You can use the below link to create the wallet in myether with the article information in the below link.
https://www.cryptocompare.com/wallets/guides/how-to-use-myetherwallet/
It will be consider as multiple wallet under the one sign up. I haven't used this wallet since i am using coinbase to save it. However, article may provide the information you expected.

[billyj111]

How do you imagine this? There's a long wallet code. I do not think it's possible in this millennium

[trickyriky]

I have question.
We all go to myetherwallet. Then click to generate wallet. Is there chance that myetherwallet (or other wallet) will generate same wallet? I mean in theory. For example after 100 years of creation of new wallets. What will be if it generate same wallet?

Or it just somehow checking the same wallet or not?

New address doesn't checked with already existed. Check this thread (not at btctalk) more to find particular probabilities =)

Hahaha, thanks!

As of today (26 Jul 2017) the chance of a new Ethereum address being the same as an already existing Ethereum address is ~8 × 10^-36

(actually how much zeroes there are in this number?)


But! What will be if this chance will happened? We all know for example that chances to win in Powerball is nothing, but somebode can win it few times in year.
So what chances here? I mean if wallet will be same maybe all network will collapse?