guessing random private key

0

From what I understand (which is not much), private key is like id/password for your wallet. So lets say, I have random number generator and I generate random number, is it possible that generated number could be key to someone elses wallet?

Jay

Posted 2017-12-13T16:23:49.397

Reputation: 1

Question was closed 2017-12-13T20:25:38.857

Answers

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Yes, it is possibly, but not probable, or in other terms, extremely rare. There'll be maximum 2^160 addresses, which is much more than the number of addresses that are used. See this.

MCCCS

Posted 2017-12-13T16:23:49.397

Reputation: 5 827

2The language really needs other words for this level of probability. I mean we use those words to describe the odds of finding an almost extinct frog in the jungle. The odds of that occuring is indescribable higher than the odds of guessing a random private key.Christiaan Westerbeek 2017-12-13T16:58:02.053

1It's about the chance of winning the Powerball jackpot 6 years in a row, with just one ticket.Pieter Wuille 2017-12-13T18:19:39.713

Bon appetit @Jay, enter your random generated number here and check if you are luckier than the Powerball winner mentioned above.

Chak 2017-12-13T18:33:56.730