Bitcoin running out of addresses? Programmer explains.

in #bitcoin • 7 years ago

Are we running out of Bitcoin addresses? How many Bitcoin addresses are there available? How do addresses relate to Bitcoin private keys? Let's do some calculations and see for ourselves!

Bitcoin Private Key - Flipping a Coin 256 Times

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#blockchain #cryptocurrency
7 years ago in #bitcoin by
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    • [-]
     7 years ago 

    Great info as usual

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     7 years ago 

    Very interesting. Something very similar is used to generate GUIDs (globally unique identifier) for regular databases where you need unique IDs for a large dataset. Microsoft SQL has a function just for this purpose. Loved the content, regards

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     7 years ago 

    Yep, GUIDs can be timebased, so because time goes on forever they will never be the same

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     7 years ago 

    Thanks for that explanation. I always find great content in your videos.

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    [-]
     7 years ago 

    great job...

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    [-]
     7 years ago 

    Great post, but I dont see how BTC could run out of addressess..

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    [-]
     7 years ago 

    Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 105.18 SBD, based on the pending payout at the time the data was extracted.

    If you do not wish to receive these messages in future, reply with the word "stop".

    [-]
     7 years ago 

    nice post actually bitcoin is so expensive curency in pakistan he is really up in PKR i think it is very useful for pakistanians people if they are understand the bitcoin.
    @mahmoodhassan

    [-]
     7 years ago (edited)

    BTC address is a set of combinations which can have billions of combinations. So it is really impossible in actual practice that there can be same BTC addresses generated twice. Thank you for the explanation

    [-]
     7 years ago 

    Will or can we run out of Steem address as this platform continues to grow?

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