Bitcoin running out of addresses? Programmer explains.

in #bitcoin7 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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Great info as usual

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

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

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

great job...

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

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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

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

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

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