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Development & Technical Discussion
Re: Can someone have my private key ?
by
Thirdspace
on
17/03/2018, 20:09:13 UTC
Quote from: rasho321 on March 17, 2018, 04:14:08 AM
If you create a btc address you get the private key of that address, what if this address is already in use ?
if it does happen, which very less likely to happen in your lifetime, it is called an address collision
read this
https://en.bitcoin.it/wiki/Technical_background_of_version_1_Bitcoin_addresses#Collisions_.28lack_thereof.29
Quote from: rasho321 on March 17, 2018, 04:14:08 AM
I know there is a really low probability but this can happen, am I right ?
Quote from:
https://en.bitcoin.it/wiki/Technical_background_of_version_1_Bitcoin_addresses#Collisions_.28lack_thereof.29
It is more likely that the Earth is destroyed in the next 5 seconds, than that a collision occur in the next millenium.
there's a group of people in the project which attempt to generate address collisions
they are called
Large Bitcoin Collider
there is also a thread about it
https://bitcointalk.org/index.php?topic=1877935.0
you can join them and try it yourself how to do "address collision"