Do you know how bitcoin addresses are constructed?
12 solvedJuly 18, 2017, 8:56 p.m.
As it's explained in Crypt4you this is the bitcoin address generation algorithm:
1. hash_key = v || RIPEMD160(SHA256(pk)) 2. checksum = SHA256(SHA256(hash_key)) and just taking the first 4 bytes of the result 3. address = Base58Enc(hash_key || checksum)
Very usefull for step-by-step learning the official documentation: https://en.bitcoin.it/wiki/Technicalbackgroundofversion1Bitcoinaddresses