Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Nxt :: descendant of Bitcoin
by
stdset
on 23/10/2013, 08:46:58 UTC
Address length - 8 B (max 20 chars in human-readable notation)
So there going to be 264 possible addresses? Isn't it too few? Let's imagine your currency won the widest possible adoption and everybody (7*109 users) on the planet uses it, and has private keys for 100 addresses (that's the minimum amount in bitcoin, actually we should consider much greater number). In that case, from each individual's point of view, collisions are still unlikely. But in general they are more than likely.

Another question - why coins are going to be indivisible? If that's just UI limitation, how divisible they are going to be by protocol?