Can Bitcoin Addresses Be the Same?

[Suba]

It is often debated by crypto enthusiasts, is there a possibility that the same Bitcoin address can appear and be owned by someone else. As we know, Bitcoin addresses are created randomly on the Bitcoin network, if we use a sophisticated supercomputer we can create Bitcoin addresses more than one billion per hour. So in your opinion, what is the percentage probability that the same Bitcoin address can appear?

 

[Laurentta]

I don't think there's much possibility that the same Bitcoin address can appear and be owned by someone else.

 

[riberet19]

If an address is busy, there is no chance of it appearing again, that would break the chain's cybersecurity and prove that the blockchain is flawed.

 

[Fidelia]

I don't think a crypto address can be repeated on another wallet. Just think about it. So much losses and harm can come from that.

 

[Nomad]

The same address cannot be owned by multiple individuals, but unless your wallet updates, you can use the same address for a long time.

 

[magnus2022]

It is not possible that two people will have the same bitcoin address. Bitcoin wallets can generate unique billions of address in seconds! Since probability will let you know that the combination and permutation of 16 digits will runs to millions of trillion.