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Author Topic: Seed phrase and probability  (Read 154 times)
codeman1888 (OP)
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June 16, 2024, 04:11:28 PM
 #1

Hi my question is the following: I created a script on pycharm with a bitcoin seed sentence generator, it generates valid seed sentences with private key but with a zero balance, for educational purposes then I come across an active wallet by chance?
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June 16, 2024, 04:21:24 PM
 #2

Hi my question is the following: I created a script on pycharm with a bitcoin seed sentence generator, it generates valid seed sentences with private key but with a zero balance, for educational purposes then I come across an active wallet by chance?
Your question is not very clear but if you're talking about the probability of finding a wallet with balance or someone else wallet is 1% out of 100 percent which is more like impossible.

Just like taking an atom amongst all the atoms in the universe, then throw it back the mix with all other atoms. how possible can you find it. You can imagine!

You can also visit here to learn more about probability[1]

[1] https://www.quora.com/What-is-the-probability-of-guessing-a-Bitcoin-address-and-getting-the-coins-in-it#:~:text=The%20final%20step%20in%20the,is%20half%2C%20so%207.3e47.


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Bitcoin Smith
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June 16, 2024, 04:21:47 PM
 #3

The probability of finding a wallet with balance is close to zero, either you use your own scripts or existing tools to create addresses/seeds or private keys.

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June 16, 2024, 04:26:04 PM
Last edit: June 16, 2024, 04:55:57 PM by Ruttoshi
 #4

This question has been asked before few days ago. The chance of you generating a private key that is active or someone else's one that already exist is not possible but the probability is close to zero. I don't want to say much but you should read this thread and understand from experienced members. The universe will come to an end before it might happen.

https://bitcointalk.org/index.php?topic=5499839.msg64209960#msg64209960

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Xprim777
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June 16, 2024, 04:37:18 PM
 #5

Near 0% probability
I think you have more chances to win the euromillions or powerball 10 times in a row than finding a seed already used.


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codeman1888 (OP)
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June 16, 2024, 05:00:34 PM
 #6

given the number of active wallets at 12 words, it may be possible to come across an active wallet? I have a friend who came across several active wallets? so to say that it will be the end of the universe, not too much
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June 16, 2024, 05:18:14 PM
 #7

...but if you're talking about the probability of finding a wallet with balance or someone else wallet is 1% out of 100 percent which is more like impossible.
It is much less than that. 1% out of a hundred means on one hundred tries you are likely to get an active wallet on one occasion. The odds are far lesser than that even with the most sophisticated tools which most hackers do not have.

given the number of active wallets at 12 words, it may be possible to come across an active wallet? I have a friend who came across several active wallets? so to say that it will be the end of the universe, not too much
You should go and read up more about generation of private keys. Your friend did not come across several active wallets and it is impossible to generate an active wallet.

- Jay -

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LoyceMobile
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June 16, 2024, 05:19:15 PM
 #8

You'll never find a randomly generated funded wallet.

Feel free to try for yourself: every time you create a new Electrum wallet, it checks 25 addresses for you.

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June 16, 2024, 05:22:43 PM
Merited by fillippone (3)
 #9

fillippone made a good thread answering your question: There are 2^256 private keys out there: how big is that number?

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June 16, 2024, 07:52:08 PM
 #10

fillippone made a good thread answering your question: There are 2^256 private keys out there: how big is that number?

The website Keys.lol is always a good starting point for this kind of discussions.
There, you will find every possible private key!
You have to click, and you'll find every possible bitcoin.
Then, you can proceed to the above thread.


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June 16, 2024, 09:45:15 PM
 #11

given the number of active wallets at 12 words, it may be possible to come across an active wallet?
12 mnemonic recovery words represent a 128bit entropy. If this entropy is random, it's very very ... very unlikely to come to an active wallet by chance. This topic has been discussed probably an umptillion times and obviously you didn't care to search and read.

I have a friend who came across several active wallets?
Bullshit! Your friend is a liar and you're too gullible. Show proof!

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btc78
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June 17, 2024, 05:45:34 AM
 #12

Hi my question is the following: I created a script on pycharm with a bitcoin seed sentence generator, it generates valid seed sentences with private key but with a zero balance, for educational purposes then I come across an active wallet by chance?
You can but the possibility of it happening is astronomically low.

The seed phrase is highly dependent on its randomness. This seed phrase is taken to generate the private key. In perspective, there are 2^256 possible private keys out there. That is an incredibly huge number compared to the ones actually in use or have been used for a transaction.

This is why the probability of you generating a seed phrase of an active wallet is very low. However must you generate seed phrase that corresponds to an active wallet and it happens multiple times, this might be the time to start questioning the randomness of the system. People might start to worry about security. But, this is a very long shot in the moon kind of a situation.

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June 17, 2024, 10:13:24 AM
 #13

I have a friend who came across several active wallets? so to say that it will be the end of the universe, not too much

I have hard time believing that, your friend is most likely lying. And while it's technically possible to discover that certain wallet generate seed phrase with specific pattern or range, he wouldn't share such discovery to you.

fillippone made a good thread answering your question: There are 2^256 private keys out there: how big is that number?

The website Keys.lol is always a good starting point for this kind of discussions.
There, you will find every possible private key!
You have to click, and you'll find every possible bitcoin.
Then, you can proceed to the above thread.



I'd just point this old article https://www.coindesk.com/markets/2013/12/02/directoryio-prank-proves-bitcoin-protocols-strength/.

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