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Bookmark or Share- What is the math behind Bitcoin's elliptic curve?In ECDSA, the private key is a scalar 256-bit number. The public key is a elliptic curve point on the secp256k1 curve.
- Can I earn transaction fees by running as a full node, verifying ...As I understand it, by running a full node (i.e. Bitcoin-QT) , I am helping confirm transactions and contributing to the Bitcoin network. When transaction fees are offered, do I receive these, an...
- How to convert script_pub_key of type pubkey to public_keyHere is a snippet code that demonstrate how one can create a Bitcoin address from scriptPubKey: import binascii import hashlib import base58 script_pub_key_hex ...
- Is there a limit to sending/ receiving from wallet to wallet?Right, thanks for the explanation. It would be interesting to put in scenario. Say I were to transfer 1 million BTC from wallet in country A to wallet in country B, given no restrictions, that would cause a massive capital outflow. –
- What exactly is generator G in Bitcoin's elliptical curve algorithm?Where most get confused is because of the exponents P,N,A,B,G and H being thrown in there but you must understand that the truth is those variables make up the sextuple T. Where they are pretty much constant variables except h which is either 1 or 0 to determine the outcome of G. P is the finite field 2^255-2^32-2^9-2^8-2^7-2^6-2^4-1.
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