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Topic
Board Beginners & Help
Re: What stops people creating the same bitcoin address?
by
odolvlobo
on 08/10/2015, 02:19:57 UTC
-snip-
All these points are based on probability.
But I want to know how sure a repeated bitcoin address is prevented?
I knew bitcoin address can be generated in offline too.
I guess a time based and System ID or/and IP based coding must be there to prevent a repeated address.

What you say is: I know dice are random, but I want to know what prevents people from rolling a 6 a trillion times in a row, there must be some system in place to prevent that.

You are exaggerating. 2160 is approximately equal to 662, so the real probability is the same as rolling a 6 62 times in a row. But that is the probability of generating a particular address. The chances of generating any address that someone has a private for is more like 650, give or take a few orders of magnitude.