Bitcoin address is used by hash function

1.

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

2. A bitcoin address is a string of 26 to 34 bits of letters and numbers, which looks a bit like garbled code
all transfer records of each bitcoin address can be found through the blockchain
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
how to get your own exclusive bitcoin address? 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. Go and create your own bitcoin address~

3. Enter the URL of the bitcoin wallet in the browser, and you can browse the bitcoin wallet on the Internet. The first one with the name of blockchain is it. Click to start a new wallet or create my free wallet. How to register bitcoin wallet triplet? First enter your email address, and then enter your password twice. After that, enter the verification code. Here to note: password to more than 10, and must remember, lost or forgotten is irrecoverable, equal to your money lost, really can not find it back. Click continue. How to register the bitcoin wallet? OK, the wallet is created successfully. Print out the following tips or them to another safe place to save them. Maybe you will lose your password one day, which will be of great use.

4. It's a string like "" and you need to know the address to send bitcoin to others. The operation of creating the bitcoin address and the corresponding private key can be completed through the bitcoin client.

5. Bitcoin uses elliptic curve algorithm to generate public key and private key, and chooses secp256k1 curve. The generated public key is a 33 byte large number, and the private key is a 32 byte large number. The wallet file wallet.dat directly stores the public key and private key. The bitcoin address we use when receiving and sending bitcoin is obtained after the public key is processed by the algorithm. The specific process is that the public key is first processed by SHA-256 algorithm to get 32 byte hash result, then processed by ripemed algorithm to get 20 byte summary result, and then the address we see is obtained through the character conversion process. This character conversion process is the same as that of the private key. The steps are as follows: first, add the version number to the input content (the summary result of 20 bytes for the public key and the large number of 32 bytes for the private key). After two successive SHA-256 algorithms, take the first 4 bytes of the hash result of the last time as the check code and attach it to the back of the input content, and then encode it with base58, Get the string. Qiaoman special zone blockchain professional station chain Qiaoyu online is a blockchain professional training workstation engaged in blockchain related training and certified by the Ministry of ecation.

6.

First of all, you should imagine a concept of "wallet" in your brain. Your bitcoin is in your wallet. A wallet can contain many... Many addresses. The form of the address is the form

with the bitcoin address generated in the bitcoin wallet, you can receive bitcoin from others, and you can also transfer the bitcoin in your account to the bitcoin address of others. Bitcoin address, like bank card number, has the functions of payment, transfer and withdrawal. However, when transferring money, you can only transfer money by knowing someone else's bitcoin address

if we simply compare a bitcoin wallet to a bank card account, then the address of the bitcoin wallet can be regarded as a bank card account number. The difference is that bitcoin addresses can not be stored on the network, but also exist independently of your wallet

< H2 > extended data:

bitcoin address is a string of 26 to 34 letters and numbers. It looks like a lot of messy code. To put it bluntly, it's just like your bank card number. All transfer records of each bitcoin address can be checked through blockchain query, which is open and transparent

address generation of bitcoin Wallet: 256 binary digits are randomly selected to form the private key, and then the address is generated by encryption function. This generation direction is unidirectional. That is, you know that the address cannot be decrypted to calculate the private key. At present, the computing power of human computer can't be cracked, so you can publish the address on the Internet with ease

reference link: bitcoin | network

7. The process of BTC address generation is as follows. You can check bitcoin Chinese wiki completely:
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 />

8. Jinwowo group, based on the blockchain model architecture, does the analysis in the following way:
1 - data layer: data block, chain structure and time stamp
2 - network layer: P2P network, propagation mechanism, verification mechanism
3 - consensus layer: pow, POS, dpos
4 - incentive layer: issuance mechanism, distribution mechanism
5 - contract layer: script code, algorithm mechanism, smart contract
6-application layer: encapsulates various application scenarios
in the future, jinwowo group will focus on promoting the legal circulation and commercial application of big data with blockchain technology.

9.

Hash algorithm maps any length of binary value to a fixed length of smaller binary value, which is called hash value. Hash value is a unique and compact numerical representation of a piece of data. If you hash a piece of plaintext and change only one letter of the paragraph, subsequent hashes will proce different values. It is computationally impossible to find two different inputs with the same hash value

message authentication code (MAC) hash function is usually used with digital signature to sign data, while message detection code (MDC) hash function is used for data integrity

the basic information of bitcoin network is as follows:

all digital currencies that need to be mined have hash values, such as Laite coin, Ruitai coin, doggy coin, Weimeng coin, Diandian coin, Yuanbao coin, etc< br />

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