Bitcoin Forum
May 28, 2018, 10:34:39 AM
 News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 Home Help Search Donate Login Register
 Pages: [1] 2  All
 Author Topic: Number of BTC Addresses in use now  (Read 2594 times)
grtthegreat
Legendary

Offline

Activity: 1134
Merit: 1010

 November 10, 2014, 06:21:34 PM

Can anyone tell me that out of 2^160 addresses possible, how many BTC addresses have been used atleast once. Till today, I might have surely used a minimum of 150 addresses.
1527503679
Hero Member

Offline

Posts: 1527503679

Ignore
 1527503679

1527503679
 Report to moderator
1527503679
Hero Member

Offline

Posts: 1527503679

Ignore
 1527503679

1527503679
 Report to moderator
1527503679
Hero Member

Offline

Posts: 1527503679

Ignore
 1527503679

1527503679
 Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
DeAlquezar
Jr. Member

Offline

Activity: 56
Merit: 0

 November 10, 2014, 06:32:06 PM

Can anyone tell me that out of 2^160 addresses possible, how many BTC addresses have been used atleast once. Till today, I might have surely used a minimum of 150 addresses.

Maybe it helps you a bit:

cr1776
Legendary

Offline

Activity: 1904
Merit: 1004

 November 10, 2014, 06:42:29 PM

Can anyone tell me that out of 2^160 addresses possible, how many BTC addresses have been used atleast once. Till today, I might have surely used a minimum of 150 addresses.

Maybe it helps you a bit:

This is probably more of what you are asking for (I think the one above is showing the number of unique addresses seen per day):

I don't believe either of these show the total number of addresses that have *ever* had a balance. So an address that had 1 bitcoin 2 years ago, but zero now wouldn't be counted here.  You could calculate that of course by parsing the blockchain.  (It is difficult to tell for sure whether the "0" in the "Bitcoin Balance" is inclusive or not).

Rannasha
Hero Member

Offline

Activity: 728
Merit: 500

 November 10, 2014, 07:55:14 PM

Can anyone tell me that out of 2^160 addresses possible, how many BTC addresses have been used atleast once. Till today, I might have surely used a minimum of 150 addresses.

Maybe it helps you a bit:

This is probably more of what you are asking for (I think the one above is showing the number of unique addresses seen per day):

I don't believe either of these show the total number of addresses that have *ever* had a balance. So an address that had 1 bitcoin 2 years ago, but zero now wouldn't be counted here.  You could calculate that of course by parsing the blockchain.  (It is difficult to tell for sure whether the "0" in the "Bitcoin Balance" is inclusive or not).

You can use the Blockchain.info data to compute a very clear upper bound. You see that the peak of addresses used per day is a bit below 250,000. Bitcoin has existed since 03-01-2009, so 2137 days. If every day 250,000 new addresses were used, that would be a total of 534 million addresses, or 5.34 * 10^8, where the total number of possible addresses exceeds 10^48.

Of course, this estimate is way above the actual value, which is probably at least a factor 10 lower. But it does nicely show that the number of addresses that have been used isn't even remotely close to the total size of the address space.
DannyHamilton
Legendary

Offline

Activity: 2170
Merit: 1353

 November 10, 2014, 07:59:26 PM

Additionally, its impossible to know how many bitcoin addresses have been created, but which haven't yet received any bitcoins.

For example, I just installed a wallet and I created 20 receiving addresses.  However, I haven't sent any bitcoins to any of these new addresses yet.  Therefore, they don't exist in the blockchain, and until I tell anyone about them, there is no way for anybody to know that they are "in use".

As such, it is nearly impossible to determine how many addresses have been "used".  At best, you can make a estimated guess, but you won't know how close your guess is.

If you just want to know how many addresses have ever received any bitcoins at all, it shouldn't be too difficult to parse the blockchain and count them up.  I'm not sure that the information will be useful for anything, but it wouldn't be difficult to do.

Keep in mind, however, that many bitcoins aren't sent to addresses.  There are P2SH and other types of transactions where the bitcoins are locked by something other than an address.

BitMos
Full Member

Offline

Activity: 182
Merit: 123

 November 10, 2014, 08:08:31 PM

Can anyone tell me that out of 2^160 addresses possible...

How much is 2^160 in a linear format? Or how many quadrillions are there? Are you competing in addresses mining using reverse asics to get some speed?

money is faster...
John (John K.)
Global Troll-buster and
Legendary

Offline

Activity: 1232
Merit: 1063

Will read PM's. Have more time lately

 November 10, 2014, 09:49:46 PM

Can anyone tell me that out of 2^160 addresses possible...

How much is 2^160 in a linear format? Or how many quadrillions are there? Are you competing in addresses mining using reverse asics to get some speed?

According to wolfram alpha...http://www.wolframalpha.com/input/?i=2%5E160&dataset=

I think that'll need to wait until the heat death of the universe before we'll have a collision.

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

Hero Member

Offline

Activity: 602
Merit: 500

 November 12, 2014, 08:51:38 PM

A related question: how many total BTC addresses can be created? An endless number or there is a limit?

BITCOIN GAMBLING
DannyHamilton
Legendary

Offline

Activity: 2170
Merit: 1353

 November 12, 2014, 08:55:40 PM

A related question: how many total BTC addresses can be created? An endless number or there is a limit?

While technically there is a limit, the limit is so high that it is essentially "endless" in terms of how we humans are capable of making use of time.

Specifically there are just a bit more than 1.4615 X 1048 possible addresses.

IflotsEgroj
Newbie

Offline

Activity: 28
Merit: 0

 November 12, 2014, 10:37:57 PM

A related question: how many total BTC addresses can be created? An endless number or there is a limit?

Limited in theory, endless in practice.
arieq
Sr. Member

Offline

Activity: 364
Merit: 254

 December 31, 2014, 01:10:06 PM

Can anyone tell me that out of 2^160 addresses possible...

How much is 2^160 in a linear format? Or how many quadrillions are there? Are you competing in addresses mining using reverse asics to get some speed?

I dont know how to say it in quadrillions but in linear format, 2^160 = 1,460,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 addresses. That's really a big number

Muhammed Zakir
Hero Member

Offline

Activity: 560
Merit: 504

I prefer Zakir over Muhammed when mentioning me!

 December 31, 2014, 02:53:57 PM

Additionally, its impossible to know how many bitcoin addresses have been created, but which haven't yet received any bitcoins.

Can anyone tell me that out of 2^160 addresses possible...

How much is 2^160 in a linear format? Or how many quadrillions are there? Are you competing in addresses mining using reverse asics to get some speed?

I dont know how to say it in quadrillions but in linear format, 2^160 = 1,460,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 addresses. That's really a big number

Don't worry! 1 quindecillion 461 quattuordecillion 501 tredecillion 637 duodecillion 330 undecillion 902 decillion 918 nonillion 203 octillion 684 septillion 832 sextillion 716 quintillion 283 quadrillion 19 trillion 655 billion 932 million 542 thousand 976 (source WolframAlpha).

~~MZ~~

 ░░░░░▄▄██████▄▄░░▄████▀▀▀▀▀▀████▄░███▀░░░░░░░░░░▀█▀████░░░▄██████▄▄░░░██░░░░░█████████░░░░██▌░░░░█████████████████░░░░█████████████████░░░░░███████████████████▄░░▀██████▀░░░████▀█▄▄░░░░░░░░░░▄███░░▀████▄▄▄▄▄▄████▀░░░░░▀▀██████▀▀ .ChipMixer.{ MIXING REINVENTED FOR YOUR PRIVACY #.ChipMixer. ░░░░░▄▄██████▄▄░░▄████▀▀▀▀▀▀████▄░███▀░░░░░░░░░░▀█▀████░░░▄██████▄▄░░░██░░░░░█████████░░░░██▌░░░░█████████████████░░░░█████████████████░░░░░███████████████████▄░░▀██████▀░░░████▀█▄▄░░░░░░░░░░▄███░░▀████▄▄▄▄▄▄████▀░░░░░▀▀██████▀▀
DannyHamilton
Legendary

Offline

Activity: 2170
Merit: 1353

 December 31, 2014, 03:00:59 PM

Additionally, its impossible to know how many bitcoin addresses have been created, but which haven't yet received any bitcoins.

Why would it matter whether or not you can count the generated but unused bitcoin addresses?

Muhammed Zakir
Hero Member

Offline

Activity: 560
Merit: 504

I prefer Zakir over Muhammed when mentioning me!

 December 31, 2014, 03:11:09 PM

I meant Blockchain.info and similar shows the number of used address, isn't it misleading as it isn't accurate? or is it accurate?

Why would it matter whether or not you can count the generated but unused bitcoin addresses?

I don't think I can count unused address, I mentioned about used addresses and amount shown in websites.

~~MZ~~

 ░░░░░▄▄██████▄▄░░▄████▀▀▀▀▀▀████▄░███▀░░░░░░░░░░▀█▀████░░░▄██████▄▄░░░██░░░░░█████████░░░░██▌░░░░█████████████████░░░░█████████████████░░░░░███████████████████▄░░▀██████▀░░░████▀█▄▄░░░░░░░░░░▄███░░▀████▄▄▄▄▄▄████▀░░░░░▀▀██████▀▀ .ChipMixer.{ MIXING REINVENTED FOR YOUR PRIVACY #.ChipMixer. ░░░░░▄▄██████▄▄░░▄████▀▀▀▀▀▀████▄░███▀░░░░░░░░░░▀█▀████░░░▄██████▄▄░░░██░░░░░█████████░░░░██▌░░░░█████████████████░░░░█████████████████░░░░░███████████████████▄░░▀██████▀░░░████▀█▄▄░░░░░░░░░░▄███░░▀████▄▄▄▄▄▄████▀░░░░░▀▀██████▀▀
locopao
Legendary

Offline

Activity: 910
Merit: 1000

 December 31, 2014, 03:19:53 PM

Can anyone tell me that out of 2^160 addresses possible...

How much is 2^160 in a linear format? Or how many quadrillions are there? Are you competing in addresses mining using reverse asics to get some speed?

I dont know how to say it in quadrillions but in linear format, 2^160 = 1,460,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 addresses. That's really a big number

Sounds like Scrooge McDuck's wealth
DannyHamilton
Legendary

Offline

Activity: 2170
Merit: 1353

 December 31, 2014, 03:36:53 PM

I meant Blockchain.info and similar shows the number of used address, isn't it misleading as it isn't accurate? or is it accurate?

In that case, when blockchain.info reports "unique bitcoin addresses used", they are talking about addresses that have received bitcoins on that day.  It is quite easy to count the addresses that receive bitcoins.  What is impossible is to know how many new addresses were generated which haven't received any bitcoins at those new addresses yet.

Why would it matter whether or not you can count the generated but unused bitcoin addresses?
I don't think I can count unused address, I mentioned about used addresses and amount shown in websites.

Additionally, its impossible to know how many bitcoin addresses have been created, but which haven't yet received any bitcoins.

You replied to this stating that "counting used bitcoin addresses is impossible".

That would imply that when you say "used bitcoin addresses", you are talking about bitcoin addresses that have been created, but which haven't yet received any bitcoins.

If you want to know how many unique addresses have received bitcoins that are confirmed in the blockchain, that can be counted and known.

If you want to know how many unique addresses have been generated in peoples wallets, that cannot be counted or known.

faince222
Sr. Member

Offline

Activity: 378
Merit: 250

 December 31, 2014, 03:39:35 PM

BTC Addresses in use now are around 200-250.000. Number of BTC addresses are increased so much in confront of the last year. Next year we will see something of very good
LOBSTER
Hero Member

Offline

Activity: 560
Merit: 500

 December 31, 2014, 03:52:02 PM

The number of addresses will increase also, if we have one satoshi / address...this is coming in the next years.
faeyza
Sr. Member

Offline

Activity: 252
Merit: 250

 December 31, 2014, 05:35:02 PM

BTC Addresses in use now are around 200-250.000. Number of BTC addresses are increased so much in confront of the last year. Next year we will see something of very good
its good news
thanks for info

 ▀▀▀▀▀▀▄▄▄█▀▀▀▀▀▀ [.Unlockable.Wallet.Content.]  Lounges ▪ Bots ▪ TradingEscrow ▪ Streaming ▀▀█▄▄▄▄▄█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▄▄▄▄▀▀▀▀ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▄▄▄▄█▀▀▀▄▄▄▄█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀▀▀ CryptoCircuits▐.▄▄▄▄.Connecting.Crypto.Community |  Advanced vDPOS  ||  POS 2.0 Security    |  like.a.Circuit.Board ▀▀█▀▀▀▀▀█▀▀▀▀▀▀▀▀▀ CCex ▪ Bittrex  [.Trade.CIRC.]
DiabolusLoki
Sr. Member

Offline

Activity: 249
Merit: 250

 December 31, 2014, 05:58:28 PM

BTC Addresses in use now are around 200-250.000. Number of BTC addresses are increased so much in confront of the last year. Next year we will see something of very good

I think around 1/4 are owned by exchanges/gambling sites.
 Pages: [1] 2  All
 « previous topic next topic »