Bitcoin Generate Address From Public Key
As per my understanding user seed somehow gets generated into a private key, then using that private key to derive the public key and from that you derive the address. Does anyone have any further information on how this achieved with javascript or what is the architecture for this kind of setup. Any help on understanding it would be great. Bitcoin wallet address and private key generator. Ask Question Asked 2 years, 2 months ago. Active 1 year. The generatepublickey function's parameter is private key. I find the public key is generated by hashing private key in your code. Generate a Bitcoin Address and the Wif from a phrase.
What is Bitcoin?
Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent digitally from user-to-user on the peer-to-peer Bitcoin network without the need for intermediaries.
A Bitcoin Address is an ID of 26-35 alphanumeric numbers, that represents a possible destination for an (incoming) Bitcoin payment for example to a Bitcoin Wallet. A Bitcoin wallet address, which is a hash of the corresponding public key, always starts either with number 1 or with the number 3.
Disclaimer
This project was written in May 2013 for educational purposes.
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Modern cryptocurrency wallets should use hierarchical deterministic (HD) keys instead.
Introduction
btckeygenie is a standalone Bitcoin keypair/address generator written in Go.btckeygenie generates an ECDSA secp256k1 keypair, dumps the public key incompressed and uncompressed Bitcoin address, hexadecimal, and base64 formats,and dumps the private key in Wallet Import Format (WIF), Wallet Import FormatCompressed (WIFC), hexadecimal, and base64 formats.
btckeygenie includes a lightweight Go package called btckey to easily generatekeypairs, and convert them between compressed and uncompressed varieties ofBitcoin Address, Wallet Import Format, and raw bytes.
See documentation on btckey here: https://godoc.org/github.com/vsergeev/btckeygenie/btckey
Donations are welcome at 15PKyTs3jJ3Nyf3i6R7D9tfGCY1ZbtqWdv :-)
Usage
Generating a new keypair
Importing an existing WIF/WIFC
Help/Usage
Installation
To fetch, build, and install btckeygenie to $GOPATH/bin:
License
Generate Bitcoin Address From Public Key
btckeygenie is MIT licensed. See the included LICENSE file for more details.