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Collects technical details on the process of creating new addresses.

1
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Not directly, no. Each private key corresponds to exactly one public key. This public key can be represented in two ways that give different addresses: uncompressed and compressed. This gives you two …
answered May 2 '14 by Tim S.
18
votes
Yes, you can have two keys generate the same address. There are 2^160 possible addresses, and 2^256 possible private keys, so each address corresponds to roughly 2^(256-160)=2^96 private keys. Any of …
answered May 2 '14 by Tim S.
6
votes
It only knows anything about the address because you asked about it. Since the address has never appeared in the blockchain, all it knows is what can be seen from the address: its hash160 value. This …
answered May 2 '14 by Tim S.