Is there any posibilities to: 1. Create deterministic seed from 12 or 24 word 2. Create Private Master key from this deterministic seed 3. Create deterministic wallet using private master key
I’m goofing around with this fork of pybitcointools and I got stock with generating address for receiving coins with a master public key. So far, this is what I have:
import bitcoin as btc privatekey = btc.sha256("large example seed for this great test") print privatekey # 03e02b95a485112b543ac29cd262afbbd64dca9b4496e264e47312cb193ae5ab bip32_masterprivatekey = btc.bip32_master_key(privatekey) bip32_masterpublickey = btc.bip32_privtopub(bip32_masterprivatekey) print bip32_masterprivatekey # xprv9s21ZrQH143K3tQmGrVtKc7B6ZPtCJAmD6wDAJXxb7YXAoZFTb55UroSxrU7k823vSQmYPDhdseRKqP1mgSUWDneinai2seUd7RLX2xkmGW print bip32_masterpublickey # xpub661MyMwAqRbcGNVENt2tgk3uebENbktcaKroxgwa9T5W3btQ18PL2f7vp78LNoioGhZcgSH1i2cH48YcQttiEaAh86TuJpsUu2J7jQWnmbC
What is the Best way to share the
Master Public Key and
Master Chain code generated using
Bicoins with a user that I don’t trust ?
I just want the second user to monitor my wallet and not spend coins. What will be the best way to share my
Master Keys ?
User A who generates
Master Public and Private Keys. It shares the
Master Public Key with
Master Public Key
User B generates
Address of A and Issues bitcoins from
Address of B to
Address of A.
Will the transaction be received in wallet of
User A, if
User A knows the index used by
User B. ?
The main idea is that
User A don’t want to share its receiving address with
User B. Instead of that
User A must find out itself from the
Master Public Key.