Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion]
by
martismartis
on 23/10/2014, 07:29:21 UTC
Devs

Is there any, even very very small possibility, that some two people generate the same address and private key using BETA? Is there some checking to not generate the same address?

Have you ever heard of that happening with bitcoin ?
It's the same kind of likelihood i think Smiley

Yes I know. In NXT you need to announce your public key in the blockchain to be safe. As I understand, real address is only generated in BETA, but public key of it is not announced in the blockchain, as this real blockchain do not exist now and nobody knows, that some address is generated. What why I'm asking Smiley

Or I'm missing something? Smiley