BTCC 1BTC Titanium Coin Redeeming and Info

[Michail1]

Redeeming a BTCC Coin.

As a test, I wanted to know about redeeming a coin.
(A video will later come.)

The coin is a 1BTC BTCC Titanium Coin with public address:
1BaTSwatnqGKsuhfZQYsy4kAgAMfV2g7Kb

The Mini Private key is:
SqtVvMgDxWyXMrAdas7PirKQp7YbMz

I redeemed this coin after experiments to:
1MichaiL1GTwME9ZAjKuUScz5J2WTx7Gzq

So,

After pulling the label, we now have a private key. This is not the standard private key one might expect as Blockchain.info exports, Bitcoin core exports, or that a key generator makes (like vanitygen or piper printer).  It is a mini private key which is 22,26, or 30 characters and always starting with the letter 'S'. (Same format used on Casascius coins.)

In order to redeem (sweep) or import, there are several ways.

Using mycelium (which I highly recommend), you can easily import the key or sweep it (probably the method to be used by most).
To sweep it, simply go to settings, then Cold Storage, then either scan a QR Code (you created) or Clipboard (assuming you copied the key to the clipboard).  It really is that simple.

Another method is blockchain.info
Log into your blockchain.info 'legacy' account
Go to import / Export -- click that you understand
Then simply type in / paste the Mini Private Key

Yeah! Simple... So, from this coin redeem, we know BTCC Coins can easily be redeemed and a couple of methods to use.

My next post in this thread will be details on my tests and issues along with the details of the problems I had.  Oh, and some suggestions of tools that can be used.

[Michail1]

Ok, now for the details and issues.

I created a new Bitcoin Core wallet simply to import the private key as I have done in the past.
Click on help, then debug window, then console.
Fill in:  importprivkey "SqtVvMgDxWyXMrAdas7PirKQp7YbMz"
I received the following error:   Invalid private key encoding (code -5)
I then realized that Bitcoin Core doesn't work with 'Mini Private Keys"

The issue most may run into.....
So, I decided to use Blockchain.info
I created a blockchain.info account JUST to redeem this coin (and my tests).
(The import method was described in the prior post)
Strangely, it did not work.  Well, it worked; however, with strange results.
The import worked, but, I saw the following.....
------
Import Existing Bitcoin Address
The Private Key appears to be Valid
The Bitcoin address associated with this Private Key is 1CCUSKpW6ZNRCYCTurAg3XU8afbk9p9yqx
The balance of this address is 0 BTC $0.00
------
Ummmm, WHAT?  The address was wrong and the address had shown 0 BTC
I started to freak out wondering how the coin was redeemed (or never funded), but noticed the public key didn't match.

I deleted it from the account and tried again with the same results.

The issue is the blockchain.info had changed the website to a 'New Wallet' design.  This had messed up the ability to import 'Mini Private Keys'.  Not just with BTCC coins, but others like Casascius coins as well.  Meaning, it isn't BTCC using some strange standard.

It took a day to figure out what was going on.  Fortunately, I had an old (legacy) account.
I logged in, imported the mini private key as previously described, and it worked.  Why would blockchain.info's site change to a new format that breaks mini private key?  Even more strange is that it shows a successful import, resulting in a different public address.

So, I exported the wallet using the drop down box to get a Bitcoin-QT export.
I can now see the standard private key is: 5Jkp75Gb3jRLTF7rXJvXJNuM7t1QbX2muMJUh8Pa56qxpaREuck

I imported this standard private key into Bitcoin core and it worked as expected.

Now for the Tests....
I wanted to know if I sent the coins to another address without paying TX fees, if and how long it would take to work or fail.  Also, if it would work since it was with a newly generated coin based on a rumor I heard.
So, I sent it to the address I wanted using the blockchain.info wallet.  Network propogation was 0%.  In short, it took 24 hours for the TX to fail and funds returned.
I then tried it with the Bitcoin core wallet without fees.  This time, I had a Network propogation of 4%, but that lasted 12 hours before it went to 0%.  24 hours later, no return, but figured it was a good time to test sending with a fee while the TX hasn't confirmed or failed yet.  Also, I didn't know if it would be returned or not.  I also wanted to know if I sent 1BTC with an included fee if the resulting TX would show the full BTC in the new address or 2 part.

I sent the public key .00255 using .001275 for the tx fee.   Once confirmed, I then used Bitcoin Core to send the target address 1.001275 using 001275 for the fee.  It confirmed a few blocks later, of course with a couple of issues.  The transaction was showing as a Double spend.  The original funding transaction on bc.i was showing it as being 'Spent' twice.  This cleared away after another 24 hours as the second attempt (no fee) failed. Yes!
The three transactions are:
Of course the first two now show nothing.
https://blockchain.info/tx/f3146e17fe6ce6eadc3f0e40a00484398d4412ba6bcdd2ee373de4f600acb0f1 first fail
https://blockchain.info/tx/76422f89c7c7603f1502cc4a37947f647057a4cdc7aaa9567409630c6b6460d6 second fail
https://blockchain.info/tx/a25958ce585a45d1609885aefbd8c930e328ff98cc879bf1a3b49d8b18b59aa5 confirmed

For some tools:
Convert text (address or private key) to QR Code.
http://www.qr-code-generator.com/
Select Text and type/paste in the private key.
(Of course this is an online tool, so shouldn't be used as they may record entries.  Never know)

Convert
www.bitaddress.org
Also an online tool; however, you can github download the code to run offline (safe).
Select Wallet Details and type/paste in the private key.
Discovery here....
The public key shows correctly as: 1BaTSwatnqGKsuhfZQYsy4kAgAMfV2g7Kb
But, there is also a listing of a Compressed public key: 1CCUSKpW6ZNRCYCTurAg3XU8afbk9p9yqx
This partially explains why blockchain.info came up with that address.  WTH is it though and, again, why did bc.i change to this address?

Great Tool:
Casascius Address Tool:
http://www.casascius.com/2factor/
Some details on Casascius coins, but on the page is the BTCAdrress Tool
Paste in the private key and you get the public key and a standard format for private keys and other information
Can be run offline for safety. (Prevent pkey from being exposed to some online tool.)

All in all:
BTCC Coins (random sampling) works
It could be a simple process or a long one depending on the route taken.
Blockchain.info changed to a new wallet design which broke Mini Private Keys importing. (I've emailed them regarding this issue.)
Bitcoin Core doesn't import with Mini Private Keys
Newly Gen coins have no benefit with regards to TX fees
Double spend coins don't get rejected/refunded/pruned in a specific period of time.
Several tools available to do converting of various methods both online and offline.
Note: I did not redeem BTCC Coins I purchased, but purchased the digital coin from someone that was going to redeem it as I wanted to know and test the process.
Info on Mini Private Key: https://en.bitcoin.it/wiki/Mini_private_key_format
Casascius BTC Tool: https://casascius.com/btcaddress.zip
and, currently a great tool reporting Titanium coins (produced and redeemed) is: https://anduck.net/bitcoin/btcc_coins.html

[Michail1]

[chronicsky]

I look forward to the Video

It's gonna be awesome!
The new blockchain.info wallet sucks but making a new one gets you the updated wallet which is sstill not functioning very nicely so i have not updated mine!

It is strange that the tx failed without any fees - i don't really know alot about it but what i think i know is it confirms when they are from fresh block..

Strange!!

Thanks for posting this , look forward to images

[TheNewAnon135246]

So importing the private key will work on the Blockchain Legacy wallet but not on the new beta wallet?

[Michail1]

So importing the private key will work on the Blockchain Legacy wallet but not on the new beta wallet?

Correct.  At least not at this point.

I emailed them, and from what I understand, so has BTCC.

Keep in mind that this isn't an issue with BTCC coins only as the same format is used in Casascius coins.

[coin@coin]

Thanks for taking the time doing this! Much appreciated!

[wttbs]

great work done and very useful info the community, thanks!

[BitcoinPenny]

Great work! Thanks for all the good info. 

Chris

[stereotype]

So importing the private key will work on the Blockchain Legacy wallet but not on the new beta wallet?

Correct.  At least not at this point.

I emailed them, and from what I understand, so has BTCC.

Keep in mind that this isn't an issue with BTCC coins only as the same format is used in Casascius coins.

I might be peeling a Casascius soon. This probably would have stumped me, so cheers for the info Michail1.   

[ezeminer]

So importing the private key will work on the Blockchain Legacy wallet but not on the new beta wallet?

Correct.  At least not at this point.

I emailed them, and from what I understand, so has BTCC.

Keep in mind that this isn't an issue with BTCC coins only as the same format is used in Casascius coins.

I might be peeling a Casascius soon. This probably would have stumped me, so cheers for the info Michail1.   

Why in gods name would you peel a Casascius? or is it that 25 coin.

[wheelz1200]

Didnt blaze offer you more then peel value? (For the cas)

[stereotype]

So importing the private key will work on the Blockchain Legacy wallet but not on the new beta wallet?

Correct.  At least not at this point.

I emailed them, and from what I understand, so has BTCC.

Keep in mind that this isn't an issue with BTCC coins only as the same format is used in Casascius coins.

I might be peeling a Casascius soon. This probably would have stumped me, so cheers for the info Michail1.   

Why in gods name would you peel a Casascius? or is it that 25 coin.

correct.
When i say soon, i mean soon™  
Gonna be a little while yet.

[stereotype]

Didnt blaze offer you more then peel value? (For the cas)

In a half-arsed kinda way, yes.

[Blazed]

Didnt blaze offer you more then peel value? (For the cas)

In a half-arsed kinda way, yes.

You never let me make an offer... You immediately said I was trying to mess up your thread. Also, while we are off topic saying I was lying about that offer is pretty funny. You can ask anyone here about how I trade. If I say something I mean it. I have never once had a questionable trade here.

[stereotype]

Didnt blaze offer you more then peel value? (For the cas)

In a half-arsed kinda way, yes.

You never let me make an offer... You immediately said I was trying to mess up your thread.

You dont need my permission to make an offer.
wheelz1200 could have meant the offer 6 months ago, where i told you no, with a justification why not. Fast forward 6 months, and you try the same approach with a copypasta of back then. When you finally worked out i didnt want your business, you chose to insult, play the big-i-am, and then made up some bullshit story about an imaginary friend.

I thought your approach, absolutely sucked. Theres nothing else to discuss Blazed, and this is OT.

https://bitcointalk.org/index.php?topic=565467.msg15081253#msg15081253

[Michail1]

Update:
I have received several messages asking about how to redeem (import) in Blockchain.info (using a new wallet since legacy is no problem).  This post is to give the quickest way to accomplish this as there are several ways and then supporting information.

The key under the label (like Casascius) is a 'Mini Private Key'.  (So, this method is the same for Casascius coins and others).
In my case, this is:  SqtVvMgDxWyXMrAdas7PirKQp7YbMz
Step 1 - Convert your mini-private-key to an 'uncompressed private key'
www.bitaddress.org  (Use offline version for safety)
Click on 'Wallet Details'  (You don't have to wait for a random wallet to be created)
Copy in your mini key - example: SqtVvMgDxWyXMrAdas7PirKQp7YbMz
Then click 'View Details'
Copy out the Private Key - example: 5Jkp75Gb3jRLTF7rXJvXJNuM7t1QbX2muMJUh8Pa56qxpaREuck

Step 2 - Blockchain.info
Create a new wallet or use an already made account.
Go to 'Settings', then 'Addresses'
Click on 'Import Address'
Paste in your private key - example: 5Jkp75Gb3jRLTF7rXJvXJNuM7t1QbX2muMJUh8Pa56qxpaREuck
The above is all you need to do.

It's that simple.  of course, you should either move the coins to a more secure address if you want, and then delete the address from your wallet should you choose.
Now for details / issues....

A 'Mini Private Key' can be easily converted to:
wif (compressed): L1NNuoqoH4EQrqKFan7Ejhg3oN8o9MYqC4c9E7ccy6o7Nk9wtU9w
uncompressed:     5Jkp75Gb3jRLTF7rXJvXJNuM7t1QbX2muMJUh8Pa56qxpaREuck
In turn, they are:
Bitcoin address:                      1CCUSKpW6ZNRCYCTurAg3XU8afbk9p9yqx
Bitcoin address uncompressed : 1BaTSwatnqGKsuhfZQYsy4kAgAMfV2g7Kb

Blockchain.info legacy (old wallet) works with the 'Mini Private Key' in that it will import the uncompressed Bitcoin address which is used for coins.  
The new wallet, although appears to work, it converts the 'mini-private-key' to wif (compressed) private key and then uses the compressed bitcoin address.

New Wallet: SqtVvMgDxWyXMrAdas7PirKQp7YbMz -->  L1NNuoqoH4EQrqKFan7Ejhg3oN8o9MYqC4c9E7ccy6o7Nk9wtU9w --> 1CCUSKpW6ZNRCYCTurAg3XU8afbk9p9yqx
Old Wallet: SqtVvMgDxWyXMrAdas7PirKQp7YbMz --> 5Jkp75Gb3jRLTF7rXJvXJNuM7t1QbX2muMJUh8Pa56qxpaREuck --> 1BaTSwatnqGKsuhfZQYsy4kAgAMfV2g7Kb

I don't know why Blockchain.info made this change.  This is scary for the person first trying to import/redeem as it appears the bitcoin address on the label doesn't match the private key.  And, google doesn't have results for the difference between Old and New blockchain.info wallets.  Also, blockchain.info doesn't have any supporting information in their help/faq regarding this difference.
Another thing that is a shame is that you can't simply 'sweep' an address in the 'New Wallet' format which you could have in the 'Old Wallet' (legacy) format.

[klaaas]

Thank you for the post., i'm glad the codes can be converted

[preb]

You saved my ass, omg thanks so much haha. I was in a panic as to why my Cas coin wouldn't work.

[Michail1]

You saved my ass, omg thanks so much haha. I was in a panic as to why my Cas coin wouldn't work.

No problem.  Glad it worked out for you.  A shame you redeemed a coin though.