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Author Topic: is the money safe?  (Read 1068 times)
Jace
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May 16, 2013, 12:16:18 PM
 #21

There are 2^256 - 2^32 - 2^9 - 2^8 - 2^7 - 2^6 - 2^4 - 1 private keys
Hahaha, "a LOT fewer", you're kidding right?
It's 0.00000000000000000000000000000000000000000000000000000000000000000037% fewer. That's not a LOT by any stretch of the imagination.

And it's still more than there are particles in the universe, and a LOT more than we can even theoretically count (let alone convert to an address and probe for bitcoin balance) if we could use all the energy in the sun at the most efficient, optimal (in terms of thermodynamic limits) way.

(click=large)

So, no sir, 2^256 minus an insignificant percentage is way, WAY more than enough.

Feel free to send your life savings to 1JhrfA12dBMUhcgh85wYan6HL2uLQdB6z9
Dasneko
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May 16, 2013, 12:36:05 PM
 #22

There are 2^256 - 2^32 - 2^9 - 2^8 - 2^7 - 2^6 - 2^4 - 1 private keys
Hahaha, "a LOT fewer", you're kidding right?
It's 0.00000000000000000000000000000000000000000000000000000000000000000037% fewer. That's not a LOT by any stretch of the imagination.

And it's still more than there are particles in the universe, and a LOT more than we can even theoretically count (let alone convert to an address and probe for bitcoin balance) if we could use all the energy in the sun at the most efficient, optimal (in terms of thermodynamic limits) way.

(click=large)

So, no sir, 2^256 minus an insignificant percentage is way, WAY more than enough.
There is a problem with this and that is "how random is it?". There are probably patterns that can be exploited to crack an account in a fraction of the time and energy. Not saying its easy but its ignorant to say "its utterly impossible".
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