Post
Topic
Board Development & Technical Discussion
Re: What are the chances of an address collision? and what happens when it does?
by
maaku
on 29/08/2012, 17:29:12 UTC
Chance are negligible. If collision occurs with a funded address, attacker you can transfer funds elsewhere.



Chances are still negligible when 1 billion people are using it?  also can't I just run some kind of bots, that randomly generate addresses to see if
they have funds in them?

Yes, chances remain negligible. You could run your bot, but it'd be a waste of electricity. Chances are you'd wait the lifetime of the universe before finding a collision.