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Author Topic: Is it possible for two private keys/clients to generate identical BTC address ?  (Read 4054 times)
david19801
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February 19, 2011, 09:11:16 PM
 #21

A lot of coulds there...what is stopping this from happening?
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Gavin Andresen
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February 19, 2011, 09:58:31 PM
 #22

A lot of coulds there...what is stopping this from happening?

There are approximately 2160 things higher on the development priority list.

How often do you get the chance to work on a potentially world-changing project?
ribuck
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February 19, 2011, 10:44:55 PM
 #23

... the public part of the newly generated address can be checked for uniqueness against the pack of public keys?  Thereby guaranteeing uniqueness of the whole address...
Your scheme doesn't protect against someone else generating the same key at a later time, so it doesn't guarantee uniqueness.

Quote from: gavinandresen
There are approximately 2160 things higher on the development priority list
Indeed.

David, look at it this way. On the one hand, there is a possibility that someone could hack one bitcoin address if everyone in the world tried for a trillion years. On the other hand, just today someone lost bitcoins because of a backup tool that stole his bitcoin wallet.

Which is the bigger threat to bitcoin's success?

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February 19, 2011, 10:45:38 PM
 #24

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There are approximately 2160 things higher on the development priority list.

Classic. That should be saleable as a Dilbert punchline.

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