Post
Topic
Board Bitcoin Discussion
Re: What are the odds we'll find a collision by the time the last bitcoin gets mined?
by
SteveB
on 24/03/2011, 02:45:37 UTC
No one will trust bitcoin with any large transactions if there is even the slightest chance of an address collision.
False. I trust it.
I understand math though ymmv.
Not everybody understands (or has the desire to understand) the math. I know that the chances of a collision is so small that it probably will never happen in a billion years. But try to tell that to some non geek.
Would you trust your money to a bank were the clerk just makes up an account number without checking if the number is already in use?