Bitcoin address de archiving
You can download a bitcoin wallet or register on a trading platform. Everyone's bitcoin address is unique. If you have an address, you can make a bitcoin transfer. Download bitcoin client or bitcoin wallet, you can also register your own bitcoin address. A bitcoin address is a string of 26 to 34 bits of letters and numbers, which looks a bit like garbled code
the bitcoin address is an indivial's bitcoin account, which is equivalent to your bank card number. Anyone can transfer bitcoin to you through your bitcoin address. The red box is the bitcoin address. Log in to my bitcoin bag and you can see the money
extended materials:
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, the open source software was designed and released, and the P2P network on it was constructed. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million
bitcoin can be cashed and converted into the currency of most countries. Users can use bitcoin to buy some virtual items, such as clothes, hats and equipment in online games. As long as someone accepts it, they can also use bitcoin to buy real-life items
reference: network bitcoin
bitcoin
trades directly through the wallet. Detailed can go to cnfol bitcoin network to learn how to trade, I don't know.
bitcoin address generation process
(Note: some numbers are marked with & quot; 0x" Begin with, meaning that the number is in hexadecimal notation& quot; 0x" It doesn't have any meaning in itself. It's a conventional writing method handed down from C language. For example, 0xa is 10 in decimal system. In addition, 1 byte = 8-bit binary = 2-bit hexadecimal)
in the first step, randomly select a 32 byte number and size from 1 to 0xFFFF ffff ffff ffff ffff ffff ffff fffe baae dce6 af48 a03b BFD2 5e8c d036 4141 as the private key
in the second step, the elliptic curve encryption algorithm (ecdsa-secp256k1) is used to calculate the uncompressed public key corresponding to the private key A total of 65 bytes, 1 byte is 0x04, 32 bytes are x coordinates, and 32 bytes are y coordinates
the third step is to calculate the SHA-256 hash value of the public key
the fourth step is to take the previous step result and calculate the ripemd-160 hash value
the fifth step is to take the previous step result and add the address version number (bitcoin main network version number "0x00")
00
the sixth step is to take the previous step result, Calculate the SHA-256 hash value
Step 7, take the result of the previous step, and then calculate the SHA-256 hash value (HA HA)
Step 8, take the first four bytes (8-bit hexadecimal)
d61967f6
Step 9 of the result of the previous step, and add these four bytes after the result of step 5, As a check (this is the hexadecimal form of the bitcoin address)
00d61967f6
Step 10: change the address with base58 notation (this is the most common form of bitcoin address)< br />
