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Author Topic: Safety/ generating CORRECTLY a Bitcoin address for a TRUE safe paper wallet...  (Read 110 times)
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November 14, 2017, 10:34:30 PM

I did ask the following question :

Does someone know if hackers can get a computer getting a public address with for example and testing it to see if the account is at 0 on and then try another adress, etc... until one is not a 0 credit and then steal the money since he/she got already the private key associated ? A hacker could test millions/billons of addresses like this and once in a while get an address with an account not at 0, is that correct ? I am very concern about the security of my bitcoins and want to do a paper wallet after generating an address from a new computer offline, but this potential hacking method is a big concern to me. Does someone has already being able to get one existing account not empty using this approach? Anyone knows if it has already been done over the last 9 years ?

The answer I received is the following :

There were some very dumb people that did not generate their addresses correctly.  There was also some software with bugs that did not generate addresses correctly.  The bitcoins that were stored in those addresses that were not generated correctly resided in too small of a search space, and hackers were able to steal some.  All addresses that are generated correctly have been secure since the beginning of bitcoin in 2009 and will remain secure for as long as our solar system continues to exist.

So then my question is now :

Does anyone know how to generate CORRECTLY a Bitcoin address ?

This answer will help everyone here to have a true safe paper wallet.
Thanks in advance for all of us.
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