Post
Topic
Board Bitcoin Discussion
Re: A basic question
by
AgentofCoin
on 31/03/2015, 02:24:30 UTC
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The obvious question then, does some formula or progression exist that could put bitcoin addresses in sequence? Any set of numbers that are derived from another set of numbers ultimately can be ordered in the same sequence as the original set. Therefore it seems that the "security" of the cryptography used in bitcoin would come not from the size of the number set but rather from the computational difficulty of converting private key to public address or vice versa. Since in bitcoin the conversion in one direction, i.e., private key to public address, requires little effort, there is really no security once a formula or progression rule for addresses is discovered. And such a fomula or progression is easily findable by anyone with a little skill in that kind of thing.
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There is no formula or progression that exists.
If it did, then current known cryptographic systems used by world intelligence agencies would be rendered worthless.
It is not possible to do what you propose since calculating all addresses from private keys would also take thousands of years and millions of dollars.
You need to do more reading on how Bitcoin's cryptographic system is implemented and functions.