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Author Topic: Bitcoin Addresses: What happens after 20 years?  (Read 3925 times)
cr1776
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June 18, 2014, 12:14:55 AM
 #81

...
"A lottery is a government tax levied on the absence of mathematical skills."

My calc three/stats teacher stated it as:

A lottery is a tax levied on the innumerate.

:-)
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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June 18, 2014, 12:28:12 AM
 #82

How does one even say this number: 1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976  Huh

I bet it would be a whole paragraph  Grin


one quindecillion,
four hundred sixty-one quattuordecillion,
five hundred one tredecillion,
six hundred thirty-seven duodecillion,
three hundred thirty undecillion,
nine hundred two decillion,
nine hundred eighteen nonillion,
two hundred three octillion,
six hundred eighty-four septillion,
eight hundred thirty-two sextillion,
seven hundred sixteen quintillion,
two hundred eighty-three quadrillion,
nineteen trillion,
six hundred fifty-five billion,
nine hundred thirty-two million,
five hundred forty-two thousand,
nine hundred seventy-six


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Meuh6879
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June 18, 2014, 12:40:26 AM
 #83

Yeah that is still wrong no matter how many times you repeat it.   There are plenty of entropy sources which don't involve time.  

entropy source use a referencial system, too ...

if you talk about the random formula based on "event" of the bitcoin ... it's, at the beginning, a question of time/date ... and after this, the weight of the first block and all following blocks.

in this, random of bitcoin adress is unique ... and so, not "only based on time/date random genesis formula".
you can't create random function in mathematical environment ... because all formula answer a same result when you use it.

that's why A.I. don't exist now ... because programming tool are based on mathematic.
if you boot a hundred of machines identicals with the all choice of mathematic formula, the result will be always the same on all machines (depending of the variation of the supply for the final speed of calculation).

find me a mathematical formula that it don't always send the same result ...

---

For me, it's not a problem ... but for beginners, it's good to understand that you can't simply use a private key because of the time/date simply designed random formula "at the begin" of bitcoin network.

all beginners think that "generation of bitcoin adress" is based on a non-lineairy random strategy ... it's not true.
because time/date evolve (and you can't back to the past), all adress must and are different (+ variable with bitcoin network event).
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