|
Title: Identical multisig addresses for bitcoin and litecoin? Post by: TupambaeNet on May 26, 2015, 08:44:59 AM Just posted in the wrong forum the following "problem" I found.
https://bitcointalk.org/index.php?topic=1070161.0 Hi there, I did some test with the multisignature possibilities that offers electrum and how it works. I also did the same with litecoin and managed to create the same multisignature addresses with the same seeds in electrum 2.2 for bitcoin and electrum-ltc 2.1.1.1 for litecoin. I never expected to create actually the same address for both currencys. Is this expected to happen? As for I know litecoin normal addresses start with an "L" and using the same creation process as I did know I created electrum wallets for both but never had similar addresses. 37hfmnYA8itexteYdHNNKyLGU1PUZmKnPQ https://tupambae.net/photo/995d165d30891d5098dbcbca059903e1-0.jpg Title: Re: Identical multisig addresses for bitcoin and litecoin? Post by: amaclin on May 26, 2015, 11:22:48 AM Just posted in the wrong forum the following "problem" I found. This is not a problem.Quote Is this expected to happen? Yes.Title: Re: Identical multisig addresses for bitcoin and litecoin? Post by: luv2drnkbr on May 26, 2015, 11:46:27 AM The private and public keys, and addresses, in Litecoin are exactly the same as they are in Bitcoin. The address just starts with a different prefix byte. But under the hood, it's exactly the same. It's only the mining that's different -- using scrypt instead of sha256, and having blocks come 4x faster. The public/private keys, and if Litecoin is using P2SH now too, all work exactly the same.
|
