Will We Ever Run Out of #bitcoin Wallets?
▻https://hackernoon.com/can-we-some-day-run-our-of-bitcoin-wallets-eb09d35b9545?source=rss----3a
We are taught to be frugal, but when it comes to tech, same rules do not apply.Most companies and people who use Bitcoin create new wallet for each transaction. This is also what most crypto #security specialist advice.That’s such a waste, one might think.Why to throw a perfectly good Bitcoin wallet after it has been used only once?In normal life we are taught to be frugal. Every recourse we have is limited and every piece of item should be reused and then recycled.But in tech things are different. They are indepletable, almost infinite.There are 2¹⁶⁰ possible Bitcoin wallets. In simple number that is1,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976Let’s put this number to perspective.Let’s imagine that every person (7,7 billion) living on earth would create 1 billion wallets per (...)