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Author Topic: Why is compressed private keys not supported? Any problem?  (Read 1496 times)
Muhammed Zakir (OP)
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October 27, 2014, 04:46:15 PM
 #1

Just have this question! Smiley

Why is compressed private keys not supported? Any problem?

   ~~MZ~~

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October 27, 2014, 04:49:20 PM
 #2

Just have this question! Smiley

Why is compressed private keys not supported? Any problem?

   ~~MZ~~

When Armory's wallet format was originally created, compressed keys didn't exist in any Bitcoin software.  I never accommodated for the possibility in the wallet format.   Since then, the wallet format has been so thoroughly tested and battle-hardened, I didn't want to mess with it to support a non-critical feature like compressed public keys. 

Finishing up a new wallet format now that will support a lot of new features, including both compressed and uncompressed keys.  Still a ways off from an official release, but it's coming.

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October 31, 2014, 12:22:01 PM
 #3

This is the only thing that I'm waiting for.

In theory, this is possible right? I mean, a deterministic wallet that uses compressed keys. So I can have a watch-only wallet on my web server. (Like a game website for example.)

inf
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October 31, 2014, 12:51:19 PM
 #4

This is the only thing that I'm waiting for.

In theory, this is possible right? I mean, a deterministic wallet that uses compressed keys. So I can have a watch-only wallet on my web server. (Like a game website for example.)

It does not matter whether they are compressed or not, otherwise Armory itself would not work...
See this thread how to host a today's watch-only wallet on a webserver with PHP: https://bitcointalk.org/index.php?topic=836465.0
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November 01, 2014, 01:02:15 AM
 #5

This is the only thing that I'm waiting for.

In theory, this is possible right? I mean, a deterministic wallet that uses compressed keys. So I can have a watch-only wallet on my web server. (Like a game website for example.)

It does not matter whether they are compressed or not, otherwise Armory itself would not work...
See this thread how to host a today's watch-only wallet on a webserver with PHP: https://bitcointalk.org/index.php?topic=836465.0

That's good to know, but I would like to use the compressed keys version of Armory or the watch-only wallet. In other words, I don't want to use any bitcoin addresses whose private keys begin with the number 5.

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