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Compressed and uncompressed public keys result in different addresses, but they still come from the same private key. Usually a private key in WIF has a different prefix to tell the wallet whether it should handle the key as one for a compress or an uncompressed address.
So my question is if is send bitcoins to the address on paper wallet,will i get same bitcoins on the address that got imported on blockchain?
Are compressed and Uncompressed address same thing and exchangable?
Please some technical guy explain this to me
Are compressed and Uncompressed address same thing and exchangable?
Please some technical guy explain this to me
They are two different addresses, but they can be spend by the same private key.
E.g. address 1JpyMQDivyYBohM3zoMBXNiVg3u8F4F2PZ and 16sRvCPrJgKu7XBtR417jg6CndQMH7M27R come from the same private key (in hex) 73C89D6C48721B86C683643B094B3222331068A13846AD3475CDBF59394CE065 to tell the wallet which one you are using the uncompressed start with 5 e.g. 5JhH7tGFSnJSgwiqu2nzhvYJVyX2VPA97zzKfr37nPtpxgxMHGp and the compressed start with L or K, e.g. L16n9PGJknwzPJXgpev1hdKAEtTXaGoLqtx1QTSLwN3kgZqwn7Ax
MY QUESTIONS :
1JpyMQDivyYBohM3zoMBXNiVg3u8F4F2PZ & 16sRvCPrJgKu7XBtR417jg6CndQMH7M27R = 34char ,not within 32bits ,why and which one compressed and which one is uncompressed
73C89D6C48721B86C683643B094B3222331068A13846AD3475CDBF59394CE065 = 64chars , in 64bits for sha-512bits ?
5JhH7tGFSnJSgwiqu2nzhvYJVyX2VPA97zzKfr37nPtpxgxMHGp = 51chars , within X-bits why ??
L16n9PGJknwzPJXgpev1hdKAEtTXaGoLqtx1QTSLwN3kgZqwn7Ax = 52chars , within X-bits why ??
Although they both are generated by the same sha-256 bits ecc ,plz explain ? Which one compressed and which one is uncompressed and purpose
ANYONE CAN REPLY IN PLAIN ENGLISH EXPLAINING ME.
