Impossible task: Can you send one Satoshi to each Bitcoin Address?
In 2020, Crypto Community triggered excitement when Ethereum successfully completed its transition from the consensual document algorithm (Pow) to the Document Model (POS). But one question persisted in the minds of many:
The new consensus of the Pos of Ethereum is an interesting development because it allows validators to secure the network by inserting its own cryptocurrencies and not relanting on the energy –intensive mining process. However,
Bitcoin Address Database
Bitcoins are processing addresses. There are more than 6 million unique addresses for blockchain, each associated with a specific price key and a public address. These addresses can be considered as “addresses used”.
The new addresses are generated by the hash of the user private key, which then connects to the end of the previous hash. This process continues until no new addresses can be created. However, there is another layer of complexity: Bitcoin-funkle trees.
Merkle Tree
Merkle tree is a data structure that allows effective storage and obtaining hash. Each address ishjov by accepting the hash of each intermediate (known as the “hash letter”). This process creates a tree -like structure where each node represents the hash.
Bitcoin-Merkle Trees Store The whole Bitcoin blockchain in a way that allows quick search and effective storage. When generating new addresses, the merkle tree is updated by connecting a new private key to its corresponding letter.
Sending One Satoshi to Each Address
Assuming that an infinite amount of Satoshis is available, it is theoretically possible to send one Satoshi to each existing bitcoin address using the Puzzle Ethereum model. However, there are several challenges and complexity that make this task impractical:
1.
- Transactive fees : This makes it difficult to just send a small amount as one Satoshi to each address.
3.
Estimate Number of Addresses
In 2009: which was mined in 2009: which was mined in 2009:
- Bitcoin has existed for more than 13 years.
- Each new address is generated by the private key by hasting.
*
6,000,000 Addresses \* 0.1 New Addresses/Year = 600,000 New Addresses/Month
600,000 New Addresses/Month \* 12 Months/Year ≈ 7 200 000 Unique Addresses
Conclusion
Theoretically
