Post
Topic
Board Bitcoin Discussion
Re: The weirdest addresses you have encountered
by
Xenland
on 01/07/2012, 16:15:25 UTC
1111111111111111111114oLvT2             (21 ones in a row, weird length)
Not a real address, it is literally just the number 0 encoded as a bitcoin address. It's nice that someone's sent some coins to it, though. If those coins ever go anywhere, it'll constitute absolute proof that the whole system is completely broken and we're all doomed.

This: validateaddress 1111111111111111111114oLvT2
Returns true

It's valid but can't be used?
I think he ment if someone "found" the private key then Bitcoin is doomed as that could possibly conclude that sha256 mechinism is flawed which in turn means the banks are teh sucks and Bitcoin two!