The probabilities are detailed here:
"The difficult of finding a vanity address depends on its exact structure (leading letters and numbers) and how likely such an output is given the algorithms involved, which can consist of several pivots where the difficulty suddenly changes."
It is the same thing as a vanity plate which are used for cars. That is: An address which you choose yourself (or at least part of it). For example the address of Bitcoin24 is 1BTC24yVKQdQNAa4vX71xLUC5A8Za7Rr71 (watch the first six characters!).
See this question How can I generate a vanity Bitcoin address?
The 160-bit hash that is encoded in addresses is uniformly distributed ("truely random" as you call it), but the base58 encoded form is not. Some characters are more likely to occur at the start, for example.
To illustrate, consided the set of all integers between 0 and 1999. Even though each of those numbers is equally likely to be chosen, this is not true ...
You can do this manually using the hex/base58check converter (such as the converter on brainwallet.org)
Remove the starting 1 and convert from base58 XXXXXXXXXXXXXXXXXXXXXXXXXXX to hex: 25c7415deb828c49ccb799c452ae17589bca1af2 (make sure result is 24 bytes)
Remove last 4 bytes to get a 20-byte hash:
25c7415deb828c49ccb799c452ae17589bca1af2 -> ...
I'd assume it's just so people reading the docs won't try to "tip" the writer and send to a foobar address that was made up for the sake of example
That is correct!
Other than that, there is no other real point at all. These bitcoins are gone forever and no one will ever be able to get them.
However there is some projects or new coins that does Proof-Of-...
Difficulty tells you how likely it is that vanitygen will be able to find the address pattern you're looking for on the next guess. A value of 2n is twice as difficult (half as likely) than a value of n.
Because the process is completely random, it's impossible to give you a '100%' ETA. We can only estimate that, on average, you will find your key before ...
To simply generate a new main network address, you can use the official zcash-cli like that:
$ zcash-cli getnewaddress
$ zcash-cli z_getnewaddress
Vanity is a bit tricky, but there is an offline wallet generator ...
It is better to explain by example:
We need to find a vanity address with the prefix "1Love".
The minimum address with this prefix is "1Love1111...1111+ControlSum" and this corresponds to the number Xmin.
The maximum address with this prefix is "1Lovezzzz...zzzz+ControlSum" and this corresponds to the number Xmax.
("1" and "z" are the first and last ...
So things turned out to be a little bit different. But now i have a solution, that seems to be workable and adequate.
Original task was to calculate difficult of finding specific vanity address (like vanitygen does).
Difficult is basically
number_of_all_possible_addresses / number_of_addresses_with_vanity_prefix rate.
So, for example if we have only dec ...
Vanitygen has a regex option, for generating addresses that match an arbitrary regular expression. I think that
vanitygen -r '^1Bit.*Bit$'
Note that it will not be able to estimate the expected time that would be required.
The point is that someone obviously made up the sentence and then adapted the last few places to make it adhere to the checksum test, i.e. it is a valid Bitcoin address. On the other hand, it's certain that it's not an address someone generated randomly (because vanity addresses of that length would take way too much effort to generate).
Thus, it's a "safe ...
just in case anyone still looking for an answer: in pattern.c just put the full path to pcre.h (use locate pcre.h to find a path for it; if you don't have the file just install pcre package first). It should compile fine afterwards.
The key point here is that vanitygen is not deterministic - It relies on entropy provided by the system it is running on, which is why running it multiple times with the same pattern will produce different addresses.
As long as the entropy provided by the system used to generate the address is sufficiently random, keys produced by vanity gen are as good as ...
Overall, you have to start with a "1" (unless you're doing alt-coins). Then the first letter is the only one that can be more tricky to generate (some letters from the end of the Base58 alphabet are harder). Also, generating an address with a lot of leading 1s is a lot harder than any other characters due to how addresses are constructed (leading 1s mean ...
Yes, you can send coins to this new address. If you restart your client you'll see the address will have moved to your receive list of addresses.
The new address initially posts in your address book because of the need to scan the blockchain for all transactions associated with that private key. But you have to actually restart your client to move the ...
Reusing an address is a security issue if you have a weak random number generator, as was an issue with the Android Bitcoin Wallet. I should note this was android's fault for using a bad generator and was fixed quickly by the app developer, though some people lost coins because they had signed multiple messages (i.e. transactions) with the same address and ...
I Think there is some confusion here regarding the generating of new address's within a wallet and the generation of Vanity Address's. Based on
Is there any easiest way to generate coin address for all coins or can anybody tell how cryptsy do this for all coins?
I Believe what you are asking is how can you setup a system which enables users to have ...
Yes, that's possible.
In fact, the party that creates the address is the only one who needs to agree on the character sequence.
Suppose you have an address that can be spent with 2-of-3 multisig. This is a pay-to-script-hash address (starting with 3 instead of 1). Your script would probably look something like this:
2 <pubkey A> <pubkey B> <...
If two people running vanitygen 1abcdefg What is the chance that both of the person will get the same public key & private key?
If a billion supercomputers each tried a billion keys per second for a billion years, the odds of a key collision would still be less than one in a billion.
I hope that the answer is less than 0.0000001.
Yes, much less.
I'll show you how to do this with the reference client.
First you need to import your newly obtained private key for your vanity address into your wallet. There is a great tutorial on how to achieve this here: https://en.bitcoin.it/wiki/How_to_import_private_keys_v7%2B. Once you do this, bitcoin-core will keep track of the balance for your newly obtained ...
Addresses and private keys are encoded using Base58Check Encoding. The prefix bytes are chosen such that once whatever you are encoding is actual encoded with Base58Check Encoding, you will end up with a string that has the intended prefix character.
The process of creating a Base58Check encoded string is described on the bitcoin wiki:
A Base58Check string ...
Your observation is correct and indeed those addresses cannot be generated by vanity address generator in a reasonable amount of time.
Most likely, there is no secret key corresponding to that address and the person chose the p2pkh(and thereby the address) directly. Indeed, by looking at the explorer, there seem to be no outgoing transactions from that ...
Funds are spendable by public keys and addresses contain public key hashes. Vanity addresses are created by hashing lots of public keys until the hash is in an expected range. What you mentioned is an example of a burn address, not a vanity address. Burn addresses are crafted by manually editing the public key hash with a specific the corresponding address ...
Take a look at http://bippy.org.
The main potential issue I see with using a vanity address for cold storage is in spending from the address multiple times. If the wallet software you use isn't properly crafted (i.e., by using RFC 6979) there's a possibility that it will use the same k value during ECDSA on the transaction, which will make it possible to ...
Sure, you can do this with CryptoCoinJS.
First download Node.js. Then do the following:
Make a new directory:
Initialize your app:
npm install --save email@example.com
npm install --save firstname.lastname@example.org
Create your js file:
Put the following:
var CoinKey = require('coinkey')
Specific answer why 1Bitpoin is easier to generate than 1bitpoin:
The address is a base-58 representation of a 192-bit integer (160-bit hash plus a 32-bit checksum). The largest value you can represent is (2^160-1) with the corresponding checksum: 0xfffffffffffffffffffffffffffffffffffffffffa06820b, or the 34-character address "...
Trying to build a centralized credit system would require a mint, which is why this protocol was build in the first place. We don't want mints and on top of that we don't actually need mints for most functions. I would suggest you take a look at those whole new possibilities that come along with this protocol, such as coloring, escrow services, etc and ...
I'll be talking about the details.
An ECC public key is of the form dG, where G is the generator point (a curve parameter) and d is your private key (must be between 1 and prime order-1 inclusive)
d can't be found without brute-forcing points, if you know the public key (dg).
The goal is to make someone find an appropriate dG that Hash(dG) is in the expected ...