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So each person would have to generate approximately or 6.7 trillion keys for there to be a 0.1% chance of a Segwit address collision.
So time to switch to taproot? hmm
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So each person would have to generate approximately or 6.7 trillion keys for there to be a 0.1% chance of a Segwit address collision.
So time to switch to taproot? hmm
So if we adjust the reply from @shafemtol to calculate how many addresses would have to be generated for a collision:
N=2160
K≈−2N∗ln(0.999)≈275.5
We get 275.5 private keys that would have to be generated for there to be a 0.1% chance of a Segwit address collision.