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Author Topic: How do I use the master public key to spend my bitcoins using my computer?  (Read 1708 times)
mikewatts (OP)
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January 29, 2015, 11:33:46 PM
 #1

Hello,

I want to use the master public key to spend my bitcoins using my computer?

How do I do this?
paradoxal420
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January 30, 2015, 12:43:01 AM
 #2

https://electrum.org/tutorials.html#offline-mpk

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The Premier Bitcoin Gambling Experience - PRIMEDICE 3 HAS LAUNCHED @PrimeDice
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DannyHamilton
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January 30, 2015, 03:19:44 AM
 #3

Hello,

I want to use the master public key to spend my bitcoins using my computer?

How do I do this?

What wallet are you using?
VulgusMan
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January 30, 2015, 06:33:46 PM
 #4


many thanks for the link!!!

i use electrum...
but i do not know about this function!!

 Wink Wink Wink Wink

lophie
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February 12, 2015, 04:24:16 AM
 #5

You cannot spend any bitcoins with the Master Public Key. You can with the seed if you use it with the appropriate software like electrum to regenerate the private keys to an address containing any bitcoins.


Think of it like this:

New Wallet ------ SEED ------------------- PRIVATE KEY (1) -------------- PRIVATE KEY (2)
                  |                                                |                                        |
                  |                                                |                                        |
                  |---- MASTER PUBLIC KEY -- PUBLIC KEY (1) -------------- PUBLIC KEY (2)


Even though you know PUBLIC KEY(2) has bitcoins and you can generate the address with only the MASTER PUBLIC KEY, However to spend these bitcoin you have to generate PRIVATE KEY(2) which require you to have the SEED.

I hope the picture is clearer now.


Will take me a while to climb up again, But where is a will, there is a way...
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