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Results tagged with address
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user 83611
Tells a user how to pay a recipient. Bitcoin addresses are strings consisting of numbers and letters that begin with '1', '3', or 'bc1'. Addresses encode the recipient's output script that includes either a public key or a hash of a public key or script. Bitcoin addresses should not be confused with mailing addresses or IP addresses.
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Whether I have to scan all types of addresses to discover BIP44 wallet from mnemonic?
Let's assume that I am going to create a new address in bitcoin HD wallet knowing only mnemonic words and that previously addresses were generated according to BIP44. … BIP44 gives an algorithm how to perform discovery but one thing is not clear for me: whether I should check all possible address types described in the wiki (P2PKH, P2SH, Bech32) in outputs of transactions …
CommunityBot
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bip44 account discovery
Literally: we get a transaction and check whether receiver address is in the set of target addresses of looking transaction. … This is so because if there is a change address in the transaction then there is a receiver address mandatory. It allows us to skip checking of change addresses for this task. …
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