Post
Topic
Board Development & Technical Discussion
Re: What is the probability of a bitcoin address starting with "11..." ?
by
hhanh00
on 15/05/2016, 02:38:28 UTC
The first 1 comes from the address version and is always there for a normal bitcoin address. Every other 1 requires a byte equal to 0 is the pub key hash.
- 11: 1/2^8 = 1/256
- 111: 1/2^16 = 1/65536
- 1111: 1/2^24
etc