HOW TO MAKE ADDRESS BITCOIN COOL

HOW TO MAKE ADDRESS BITCOIN COOL WITH VANITYGEN
How to Make Bitcoin Address. As we have seen, that bitcoin address, generated through the generating process through hashing public key and private key. And this process is done randomly, with a pretty good random source pattern. So the chances of generating the same generate address, are very small. Or almost impossible.



Inside Bitcoin, using a certain digital signature scheme, called ECDSA (Elliptic Curve Digital Signature Algorithm). This scheme is a standard scheme used by the American government. By using ECDSA, can be a method to produce randomness with a pretty good level. This pattern is also used to generate a pair of public key and private key. The goal is certainly to better maintain the level of security. Because it can minimize the same generate key, as mentioned above.

About Pair Tracking Public key and Private key can be read here: Unforgeabillity Digital Signature

Let's continue the discussion on how to create this cool bitcoin address.

Based on the process of randomizing this pair of keys, people then want to be able to generate a unique address. Or commonly called the Vanity Address. If in Indonesian, the meaning is "Address Kesegongan". Why is it called arrogant, because the process of generating the address is quite complicated. There are hundreds to millions of possibilities later. Based on how many digits of the target letter we want.

About Vanity Address can be read here: How to Store Bitcoin

So how can make that unique address? There is a developer who has created the app. The application name is VanityGen. With the application, it means the process will be more or less like mining. Why so? Because the same we do the hashing process using the pattern of randomization, ECDSA it.

How to Use VANITYGEN

WINDOWS

First download the VanityGen app for Windows
Extract the file in the location you selected
Open CMD, by click run, then type CMD and run.

"Click and Drag" Vanity.exe file into CMD. So it will automatically read "path" (location) file in CMD.

Once the file location is read, to start the generate key, it should start with the number "1". Because Address Bitcoin should start with the number "1". Suppose we want to create with the name "PUMA", then written with "1PUMA". Some characters such as the letters "i", "l", "0", "O" can not be used. Why is that? Please read again on How to Save Bitcoin which discuss about Vanity Address.

If it is written, then press Enter to start the generate key process. From this process, it will look just like in the mining process. That is, there is a level of difficulty, which describes the choice of characters we use, and also based on the level of probability. Because basically, one character will have 56 possibilities. Based on the number of Base58 used in Bitcoin. The more complicated and stout our character, the process will take longer. And will make your PC / laptop hot. Just as in the process of mining Bitcoin.

If it has been done and done. So now you have a pair of public keys, and also private key. And this process is actually the same as done by all existing wallet devices. Namely by generating a pair of keys at random. This generated private key, will we need to import to our wallet.