By Tygoshakar - 04.02.2020
Account extended public key
Each public address your wallet generates stems from your wallet's xPub (or Extended Public Key). Each time you receive funds, your wallet. An "extended private key", or "xprv", or hdPrivateKey, can be used to derive a another key with a number called an index. That key can, in turn, be used to derive.
BIP 32 An extended key is a private account extended public key or public key that you account extended public key use to derive new keys in a hierarchical deterministic wallet.
Therefore, you can have a single extended private key, and use it as the source for all the child private keys and public keys in your wallet. In addition, a corresponding extended public key will generate the same account extended public key public keys.
You can think of account extended public key HMAC as a hash function that allows you to pass data along with continue reading an additional secret key to produce a new set of random bytes.
The HMAC function returns 64 bytes of data which is totally unpredictable. We split this in to two halves to create our master extended private key: The left half will be the private key, which is just like any other private account extended public key.
Deterministic wallet tools
The right half will be the chain code, which is just an extra account account extended public key public key bytes of random data. The chain code is required for generating child keys. Extended Private Key So account extended public key extended private key is ultimately just a normal private key check this out with a chain code.
Extended Public Key We can also create a corresponding extended public key. This just involves taking the private key and calculating its corresponding public keyand coupling that with the same chain code. And there we have our initial master extended private key and master extended public key.
Tip: As you can see, extended keys are nothing special in themselves; they are just a set of normal keys that share the same chain code an extra 32 bytes of entropy. The real magic of extended keys is how we generate their children. As account extended public key extended public key key can be arbitrary, we opted to use to make sure the key derivation was Bitcoin-specific.
Extended Key Tree All extended keys can derive child account extended public key keys. The cool thing about extended public keys is that they can generate the same public keys as the extended private key. For security, you can derive two types of children from account extended public key extended private key: Normal - The extended private key and extended public key can generate the same public key.
Indexes 0 to the first half of all possible children Hardened - Only the extended private key can generate the public key. Child Extended Key Derivation Both extended private keys and extended you buying pokemon go account ebay agree keys can derive children, each with their own unique index number.
There are 3 methods for deriving child keys: Account extended public key Child extended private key Hardened Child extended private key Normal Child extended public key Tip: Account extended public key child extended keys and parent keys are independent of each other.
Work out the public key. This is so a corresponding extended public key can put the same data in to the HMAC function when deriving their children.
Use an index between account extended public key and Indexes in this range are designated for normal child extended keys. Put data and link through HMAC. This is just a unique set of bytes that we can use for the new chain code.
The new private key is the first 32 bytes of the result from the HMAC added to the original private key.
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This essentially just takes the account extended public key private key and increases it by a random byte https://bitcoin-info-reddit.site/account/fake-account-of-snapchat.html. We modulus the new private key by the order of the curve to keep the new private key within the valid range of numbers for the elliptic curve.
We use these new random bytes to construct the next private key from the old one. Try the next index. Hardened Child extended account extended public key key Use an index between and Indexes in this range are designated for hardened child extended keys.
This again just takes the original private key account extended public key increases it by a random byte number. However, this hardened child key was constructed by putting the private key in to the HMAC function which account extended public key extended public key does not have access towhich means that child extended private keys account extended public key in this way will have a public key that vs savings account be derived by a corresponding extended public key.
Hardened derivation should be the default unless there is a good reason why you need to be able to generate public keys without access to the private key.
Normal Child extended public key Use an index between 0 and This will be the same chain code this web page the normal child extended private key above, because if you look back you will see that we put the same inputs in to the HMAC function.
The new public key is the original public key point added account extended public key more info first 32 bytes of the result of the HMAC as a point on the curve multiply by generator https://bitcoin-info-reddit.site/account/plastic-folder-machine.html get this as a pont.
So in summary, we put the same data and key in to the HMAC function as we did when generating the child extended private key.
We can then work out the child public account extended public key via elliptic curve point addition account extended public key the same first 32 bytes of the HMAC result which means it corresponds to the private key in the child extended private key.
Hardened Child extended public key Not possible.
Extended public key
Why does this work? In other words, how is it possible that source public key derived from an extended public key corresponds to a private key derived from an extended private key?
Using the first 32 bytes of this data which is basically a number we then: Increase the parent private key by this number to create the child private key.
Increase the parent public key by the same amount to create the child como funciona pay caixa key.
2. Extended Key Tree
And due to the way elliptic curve mathematics works, the child private key will correspond to the child public account extended public key.
Come again? First of all, remember that a public key is just the generator point on an elliptic curve multiplied by a private key: Now, if you increase this private key by a number i. In other words, if your extended public source is publicly known, be very careful not to reveal a child account extended public key key.
If you do, anyone can work backwards to calculate the extended private key and steal the bitcoins from all the child keys at that level in the tree. Tip: This is why hardened children are useful, because losing a child private key at one https://bitcoin-info-reddit.site/account/how-to-delete-bitcoin-wallet-account.html in the tree will never leave the other child private keys at risk of being derived.
Serialization An extended key can be serialized to make it easier to pass around. This helps to identify the parent later. This prevents others from deriving account extended public key keys without it.
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