Here is what i've understandI've understood of bitcoin:
- Everybody has a public and private key.
- If A sends bitcoins to B:
- B is generating an address and sends it to A
- This addresses are generated for each transaction.
- A needneeds to sign something with his private key and B's address
Am iI wrong ?
If not, iI want to understand how this address is computed.
I have read it is a kind of public key computed from private key. That's it ? So we can have many public keys which match to a communcommon private key ? I have also read the address is derivatedderived from the public key.
Thanks