Cryptocurrency Q&A
How many possible Bitcoin wallets are there?
How many possible Bitcoin wallets are there?
CryptoPioneer
Mon Dec 02 2024
|
5 answers
1408
I'm curious about the potential number of Bitcoin wallets that could exist. Considering the digital and decentralized nature of Bitcoin, I wonder how many unique wallet addresses are possible.
5 answers
SunlitMystery
Wed Dec 04 2024
The total number of possible Bitcoin addresses is an astonishing figure.
Was this helpful?
337
47
HanbokGlamourQueenElegance
Wed Dec 04 2024
This number is then encoded in Base58, which is a way of representing it in a more readable format.
Was this helpful?
210
82
Nicola
Wed Dec 04 2024
Mathematically, it is calculated as 2 raised to the power of 160, which equals 1461501637330902918203684832716283019655932542971.
Was this helpful?
354
70
Andrea
Wed Dec 04 2024
This number can also be expressed in scientific notation as 1.4615e+48, providing a more concise representation of its magnitude.
Was this helpful?
369
62
WindRider
Wed Dec 04 2024
Essentially, a Bitcoin address is a 160-bit number.
Was this helpful?
138
26
