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A bitcoin address collision happens when 2 different payments are made at the same time to the same bitcoin address
- a)True
- b)False
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A bitcoin address collision happens when 2 different payments are made...
False
Explanation:
A bitcoin address collision refers to the rare event where two different bitcoin addresses end up having the same address. This is extremely unlikely to happen since the probability of a collision occurring is 1 in 2^160. Moreover, even if a collision were to occur, it would not result in two different payments being made to the same bitcoin address at the same time. Each bitcoin address is unique and can only receive one payment at a time. Therefore, the statement that a bitcoin address collision happens when two different payments are made at the same time to the same bitcoin address is false.
Explanation:
A bitcoin address collision refers to the rare event where two different bitcoin addresses end up having the same address. This is extremely unlikely to happen since the probability of a collision occurring is 1 in 2^160. Moreover, even if a collision were to occur, it would not result in two different payments being made to the same bitcoin address at the same time. Each bitcoin address is unique and can only receive one payment at a time. Therefore, the statement that a bitcoin address collision happens when two different payments are made at the same time to the same bitcoin address is false.
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A bitcoin address collision happens when 2 different payments are made...
False
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