Crosschain bridge, Arbitrage, Mantle (MNT)

Here’s an article on Cryptocurrency, Crosschain Bridge, Arbitrage, and ManteL (MNT) with a title that incorporates the target words:

“Blockchain Bridges: The Key to Unlocking Cryptocurrency Potentials”

In recent years, the world of cryptocurrency has seen significant growth and innovation. One critical aspect of this evolution is the development of crosschain bridges, which enable seamless trading between different blockchain platforms. Crosschain bridges allow for the creation of a single, unified market where users can trade assets across multiple blockchains without any restrictions or limitations.

The Rise of Arbitrage

Arbitrage has long been a staple of cryptocurrency markets. It involves exploiting price discrepancies between two or more blockchains to generate profits. Crosschain bridges have made it easier than ever for traders to take advantage of arbitrage opportunities, as they can now trade across multiple platforms with minimal effort and maximum returns.

However, arbitrage is not without its risks. To maximize profits, traders need to be aware of market conditions, including fees, slippage, and other variables that can impact their returns. Additionally, regulatory bodies have begun to crack down on unlicensed trading activities, making it essential for users to stay vigilant when engaging in arbitrage operations.

The Mantle Effect

Mantle is a decentralized finance (DeFi) protocol that aims to create a more efficient and accessible marketplace for cryptocurrency lending and borrowing. By leveraging the crosschain bridge functionality of MNT, users can now access a wider range of lending opportunities across multiple blockchains with minimal friction.

One of the key benefits of Mantle is its ability to provide low-slippage, fast-trading experiences. This is achieved through a combination of advanced risk management algorithms and proprietary liquidity pools that ensure high-quality collateral. Moreover, MNT’s crosschain bridge functionality allows users to trade across multiple blockchains with minimal restrictions, enabling them to access a broader range of assets.

Conclusion

The integration of blockchain bridges has revolutionized the world of cryptocurrency trading. By providing a unified market for trading across different platforms, crosschain bridges have opened up new opportunities for traders and investors alike. As the landscape continues to evolve, it’s essential to stay informed about the latest developments in DeFi protocols like Mantle.

As we look to the future, one thing is clear: blockchain bridges will play an increasingly important role in shaping the cryptocurrency market. By embracing innovation and staying ahead of the curve, users can take advantage of the opportunities that crosschain bridges have to offer.

Ethereum: What does “Trailing Stop buy Order” on Bitstamp mean?

Understanding Ethereum: What is a “Trailing Stop Buy Order” on Bitstamp?

In the world of cryptocurrency trading, buying and selling digital assets can be just as complex as traditional markets. Two key concepts that often confuse novice traders are trailing stop buy orders and trailing stop sell orders. One such order is the Trailing Stop Buy Order, which plays a significant role in the Bitcoin market on exchanges like Bitstamp. In this article, we’ll look at what Trailing Stop Buy Orders mean and how they work.

What is a Trailing Stop?

A trailing stop is an automated buy or sell function designed to prevent losses as prices move against you. It’s essentially a price level that the trader wants to reach, at which point they will exit their trade. It can be used in a variety of markets, including futures, options trading, and even cryptocurrencies like Bitcoin.

What is a Trailing Stop Buy Order on Bitstamp?

A Trailing Stop buy order is similar to buying with a limit price set below the current market price. When you place this type of order, your stop loss will automatically sell your Bitcoin at the first point it reaches or exceeds the set price. This means that if the price of Bitcoin drops after reaching a high and then starts to rise again before reaching the buy price, your position will not be sold immediately.

Key Features:


Set Stop Price:

Ethereum: What does

The minimum amount you want to sell your Bitcoin for.


Limit Order Type:

A Trailing Stop buy order is typically an executable stop order. This means that once it is placed and the price reaches or exceeds the set stop price, your position will be automatically sold.

How ​​does a Trailing Stop Buy Order work on Bitstamp?

To use a Trailing Stop Buy Order with Bitstamp, follow these steps:

  • Log in to your Bitstamp account.
  • Select the Bitcoin pair you want to trade.
  • Go to
    Order Management and click on
    Limit Orders.
  • Choose the order type (in this case, a Trailing Stop Buy order).
  • Enter the stop price at which you are willing to sell your Bitcoin.
  • Set the time frame for when you want to enter or exit the market based on your risk management strategy.

Conclusion

Understanding how Trailing Stop Buy Orders work is essential for anyone looking to trade cryptocurrencies, including those using platforms like Bitstamp. By setting a stop price and specifying a specific order type (in this case, an executable stop order), traders can minimize potential losses if the market moves against them. Always remember that leveraged trading means you can lose more than your initial investment; therefore, it is essential to set realistic stop-loss levels based on market conditions and your risk tolerance.

Solana: Serializing a transaction with web3.js 2.0

Serializing Transactions on Solana using Web3.js 2.0

Solana provides an efficient and scalable way to interact with its network by leveraging the power of Web3.js, a JavaScript library that enables seamless interactions between your application and the Solana blockchain. When building applications that require interacting with the Solana network, serializing transactions is crucial for storing, transmitting, and processing them securely.

What is Serialization?

Serialization in this context refers to converting an object (in this case, a transaction) into a format that can be easily stored or transmitted on the blockchain. This process allows for efficient storage and retrieval of transactions, making it possible to interact with the Solana network from various applications.

Converting Web3.js Transaction Objects to Serialized Formats

Solana: Serializing a transaction with web3.js 2.0

In order to serialize transactions on Solana using Web3.js 2.0, you’ll need to create a Transaction object and then call the serialize() method on it. This will generate a serialized format of the transaction that can be used for storage or transmission.

Here is an example of how to do this:

const transaction = new Transaction({

// Your Solana account address, sender, receiver, etc.

from: ‘Solana-1’,

to: 'Solana-2',

data: 42,

});

const serializedTransaction = transaction.serialize();

console.log(serializedTransaction);

In the above example, transaction represents a new transaction that can be used for storage or transmission on Solana. The serialize() method generates a JSON-like string representing the transaction in the format required by the Solana blockchain.

2.x Equivalent: Serializing a Transaction with Web3.js 2.0

The equivalent of the 1.x method is achieved using the jsonm library, which simplifies serialization and deserialization for Solana transactions:

const jsonm = require('jsonm');

const transaction = new Transaction({

from: ‘Solana-1’,

to: 'Solana-2',

data: 42,

});

const serializedTransaction = jsonm.serialize(transaction);

console.log(serializedTransaction);

In this example, the jsonm library automatically generates a serialized format of the transaction that can be easily stored or transmitted on Solana.

Conclusion

Serialization is an essential aspect of interacting with the Solana blockchain. By leveraging Web3.js 2.0 and its associated libraries such as jsonm, you can efficiently store, transmit, and process transactions on the network. This simplifies the development process for applications that require working with Solana data.

Example Use Cases

– Store transaction details securely in a database or storage service.

– Send transaction data to a web application for processing or display.

– Implement smart contract functionality on Solana by serializing and deserializing transactions.

By following these steps, you can easily convert Web3.js transaction objects into serialized formats that can be stored, transmitted, and processed securely on the Solana network.

ethereum number

Metamask: ReferenceError: Buffer is not defined

Understanding Login with MetaMask Typed Data

As a digital asset enthusiast, you’re probably familiar with Metamask, a popular wallet app that provides seamless interaction between your Ethereum accounts and decentralized applications (dApps). One of the interesting features of Metamask is its ability to process logins using data typed by MetaMask using Web3.js. However, I would like to take this opportunity to look at a common problem that can occur when implementing a MetaMask input: the undefined Buffer error.

Problem

Metamask: ReferenceError: Buffer is not defined

When trying to check signedTypedData using Metamask, a Buffer object is expected as input data. This is because the function eth.util.signTypedData() returns the Ethereum transaction hash in hexadecimal string format (for example, “0x…”).

However, when working with typed data or other types that do not correspond to the Buffer interface, for example, signedTypedData, Metamask throws an error. In particular, a ReferenceError occurs because the buffer is not defined.

Solution

To solve this problem, you need to make sure that the data you enter corresponds to the buffer interface. Here are some approaches:

  • Define the type of typed data: if possible, define the exact type of signedTypedData in the Buffer object. You can use built-in TypeScript or JavaScript types to specify it.

`typewriting

import * as Web3 from 'web3';

const typedData = {

// your data is entered here

type: Buffer.from('your-type-here'),

meaning: 'your-meaning-here',

};

const transactionHash = web3.eth.util.signTypedData(typedData);


  • Use a polyfill: If you're using older browsers or Node.js versions that don't support TypedArrays, consider using a polyfill like
    typedarray-bufferortypedarray-polyfill. These libraries provide an alternative implementation of the Buffer interface.

javascript

const { Buffer } = require('buffer');

const typedData = {

type: "buffer",

value: Buffer.from('your-type-here'),

};

const transactionHash = web3.eth.util.signTypedData(typedData);

Conclusion

Implementing MetaMask login using typed data requires some caution when working with typed data. If you follow the tips above, you should be able to fix the “Buffer not defined” error and successfully test signedTypedData in your application.

Remember to always check the official documentation for each library or API you use, as their behavior may change over time. Happy programming!

Ethereum: Slush’s Pool Worker Offline?

Ethereum: Slush’s Pool Worker Offline?

As an Ethereum mining enthusiast, you’re likely no stranger to the world of cryptocurrency mining. However, when your mining pool on Slush’s network goes offline, it can be frustrating and disrupt your workflow. In this article, we’ll delve into what might cause a Slush’s Pool Worker offline issue and provide some troubleshooting steps to get your miner up and running again.

What is a Pool Worker?

In the context of Ethereum mining, a pool worker is a separate node that acts as an intermediary between miners. Instead of having one miner control all nodes on a network, a pool worker allows multiple miners to pool their resources together. This approach can increase the overall hash rate and provide more competitive mining opportunities.

Common Reasons for Slush’s Pool Worker Offline:

  • Network Congestion: Slush’s network is known for being congested due to high demand from miners. When there are too many transactions on the network, it can cause congestion, leading to worker offline issues.

  • Miner Overload: If you’re mining with multiple GPUs or other nodes, the load might become too high, causing a worker to shut down.

  • Pool Configuration Issues: Incorrect pool configuration settings, such as low memory allocation or insufficient GPU count, can cause workers to become idle or offline.

  • Network Disruptions: Outages, network congestion spikes, or issues with internet connectivity may all impact the functionality of Slush’s Pool Workers.

Troubleshooting Steps:

To resolve an offline worker issue on Slush’s Pool, try these steps:

  • Check Network Status: Ensure that your miner is connected to the network and has a stable internet connection.

  • Verify Worker Configuration: Check if you have configured your pool correctly, including allocating sufficient memory and adjusting GPU counts as needed.

  • Update Miner Software: Ensure your mining software is up-to-date, as updates may include bug fixes or optimization improvements that can resolve worker issues.

  • Check for Network Congestion: Monitor network traffic on Slush’s website to identify any congestion spikes. You can also use tools like ethools or poolscan to track the performance of the pool and identify potential issues.

  • Contact Slush Support

    Ethereum: Slush's Pool Worker Offline?

    : If none of the above steps resolve the issue, reach out to Slush’s support team for assistance. They may be able to provide additional guidance or troubleshooting steps.

Conclusion:

If your Slush’s Pool Worker is offline, it is essential to identify and address the underlying cause of the issue. By following these troubleshooting steps, you should be able to resolve the issue and get back up and running with your mining pool. Remember to stay vigilant and keep an eye on network performance to prevent future congestion spikes.

Additional Tips:

  • Regularly update your miner software and hardware to ensure you have the latest features and security patches.

  • Consider using a separate, dedicated GPU for testing or experimentation to isolate the issue.

  • Monitor your mining pool’s performance regularly to identify any potential bottlenecks or issues that may be causing congestion.

I hope this article has been informative and helpful in resolving the issue with your Slush’s Pool Worker offline.

Ethereum: Binance with Python requests but works with curl

Ethereum Order Placement Issue: Binance API Key Format

As a developer working with cryptocurrency markets, you’re likely no stranger to the challenges of integrating with external APIs. However, when it comes to Binance’s API, a specific issue arises that can cause unexpected behavior in your Python code.

The problem is that the Binance API uses a different format for API keys than the requests library typically supports. Specifically, Binance requires an api-key parameter in the URL, which should be enclosed within double quotes (") to match the expected input format.

In this article, we’ll explore why you might encounter this error and provide workarounds using both the requests and curl libraries.

Why the api-key issue?

When you use requests or other Python libraries like curl, they typically expect a JSON-encoded string as input. Binance’s API, however, expects an api-key parameter in plain text (without quotes). This inconsistency can cause issues when trying to authenticate with the API.

The Problem: Binance Testnet API

Ethereum: Binance <Api-key format invalid.> with Python requests but works with curl<br />
” src=”https://www.mhalarmes.com/wp-content/uploads/2025/02/3abf29f0.png”></p>
</p>
<p>Binance supports both testnet and mainnet APIs, but it seems that only the testnet API is affected by this issue. To confirm, try accessing the same URL on a different environment or using a different library like <code>curl</code>. If you’re still experiencing issues with the testnet API, we’ll focus on potential solutions.</p>
</p>
<p><strong>Workaround 1: Using Binance’s API Wrapper</strong></p>
</p>
<p>One solution to this problem is to use Binance’s official API wrapper for Python. This library provides an interface that allows you to make authenticated requests to the Binance API using a single <code>api-key</code> parameter.</p>
</p>
<p><pre><code></p><p>import json</p><p>
</p><p>
</p><p>from binance.client import Client</p><p>
</p><p>
</p><p><br><h1></h1>Replace with your actual API key</p><p>
</p><p>API_KEY =

API_SECRET = "YOUR_API_SECRET_HERE"

client = Client(api_key=API_KEY, api_secret=API_SECRET)

def place_order(symbol, side, quantity, price):

order = {

"symbol": symbol,

"side": side,

"type": "limit",

"quantity": quantity,

"price": float(price)

}

result = client.placeOrder(**order)

print(json.dumps(result, indent=4))

place_order("ETHUSDT", "buy", 10, 0.1)

In this example, we create a Client instance with your API key and secret, then define a place_order function that takes the required parameters and sends them to the Binance API using the client.placeOrder() method.

Workaround 2: Using curl with an environment variable

Another solution is to use curl with an environment variable containing your API key.

export Binance_KEY="YOUR_API_KEY_HERE"

curl -X POST \

\

--data-urlencode "symbol=ETHUSDT" \

--data-urlencode "side=buy" \

--data-urlencode "type=limit" \

--data-urlencode "quantity=10" \

--data-urlencode "price=0.1"

In this example, we define an environment variable BINANCE_KEY with your actual API key and secret. Then, we use the curl command to send a POST request to the Binance API with the required parameters.

Conclusion

The issue you’re experiencing is not unique to Ethereum or Binance’s APIs; it affects several other cryptocurrency platforms as well. To resolve this problem, consider using either of the workarounds outlined above.

  • For requests and other Python libraries: use the Binance API wrapper library.

  • For curl: set an environment variable containing your API key and secret.

By understanding why the api-key issue arises and implementing a solution, you’ll be able to successfully place orders on Binance’s testnet using Python.

Ethereum Sync Bitcoin Slow

Ethereum: P2WSH, witness_v0_scripthash: how to derive an address

Ethereum: Decrypting P2WSH Scripts and Obtaining Addresses

As a developer building decentralized applications (dApps) on the Ethereum blockchain, it is crucial to understand how to interact with scripts. One of the most complex aspects of Ethereum scripts is P2WSH (Proof-of-Work Script Hashing), which allows the creation and management of non-fungible tokens (NFTs). In this article, we will delve into the world of P2WSH scripts, exploring how to obtain an address associated with a specific testnet transaction ID.

Understanding P2WSH Scripts

P2WSH is a blockchain-based scripting language that allows developers to create custom logic for their NFTs. It is based on the Ethereum Virtual Machine (EVM) and allows scripts to be executed as if they were implemented on the mainchain. When creating an NFT, you need to define a P2WSH script with specific functions and parameters.

Deriving a Script Address from a Testnet Transaction ID

To get an address associated with a specific testnet transaction ID, we will follow these steps:

  • Create a new testnet wallet: On Ethereum Testnet, create a new wallet using a tool like Truffle or MyEtherWallet.
  • Upload Script: Upload the P2WSH script to the wallet using getScript().
  • Get Transaction ID: Get the testnet transaction ID for the given txid.
  • Create Account

    : Create a new account in the wallet using createAccount().

Here is an example code snippet that demonstrates these steps:

const Web3 = require('web3');

const web3 = new Web3(new Web3.providers.HttpProvider('

// Load the testnet transaction ID and script

txid = '6717c8971dccbf826790efc16fb357f1e225fed3448247b8556c9f13a6c0ce42';

script = web3.eth.script({ from: 0x...}); // load the P2WSH script

// Create a new account

const account = web3.eth.accounts.create();

// Get the transaction ID for the given txid

tinfo = web3.eth.getTransactionInfo(txid);

// Derive an address associated with the transaction ID and the script

const derivedAddress = web3.eth.accounts.deriveAccount(script.address, txinfo.hash, txinfo.receipt);

In this example, we create a new account using createAccounts() and then upload the testnet transaction ID to our wallet. We use getTransactionInfo() to get the transaction hash containing the given txid, which is used as input to the deriveAccount() method.

P2WSH Script Parameters

When creating a P2WSH script, you need to specify several parameters using the params object. Each parameter should be an object with the following structure:

{

"name": "your_name"

"address": "0x...".

"type": "function"

} }

Here is an example of a simple P2WSH script that extracts the sender’s name and address:

const Web3 = require('web3');

const web3 = new Web3(new Web3.providers.HttpProvider('

// Upload the P2WSH script to the wallet

const script = web3.eth.script({ from: 0x...}); // upload the P2WSH script

// Create a new account

const account = web3.eth.accounts.create();

// Get the transaction ID for the given txid

tinfo = web3.eth.getTransactionInfo(txid);

// Deduce an address associated with the transaction ID and script

const derivedAddress = web3.eth.accounts.deriveAccount(script.address, txinfo.hash, txinfo.receipt);

Conclusion

Ethereum: P2WSH, witness_v0_scripthash: how to derive an address

In this article, we explored how to derive a P2WSH script address from a given testnet transaction ID. By understanding the basics of P2WSH scripts and using tools like Truffle or MyEtherWallet, you can create custom logic for your NFTs on the Ethereum blockchain.

Always remember to keep your wallet secure and use a reputable tool to upload your testnet transaction ID and script.

Note: This is just a basic example, and actual P2WSH scripts may require more complex logic.

Ethereum: TypeError: unsupported addressable value (argument=”target”, value=null, code=INVALID_ARGUMENT, version=6.13.1)

Let me help you understand what’s happening with the code. Here’s the corrected version:

/**

  • @description This file provides helper functions for testing and interacting with Ethereum addresses.

*/

const { await } = require('chai');

const { ethers } = request('hardhat');

async function tokens(n) {

/**

  • @param {number} n - The number of tokens to create

*

  • @returns {object} An object containing newly created tokens and their associated Ethereum addresses.

*/

// Create a new contract (in this example, we'll create an ERC20 token)

const Token = await ethers.getContractFactory('ERC20Token');

// We use the Hardhat test helper functions to get our account, create a new contract, and transfer tokens

const account = await ethers.ethereum.getSigner();

let newlyCreatedTokens;

try {

// Create a new ERC20 token

const newTokenInstance = await Token.deploy({ count: n });

// Get the Ethereum address of the newly created token (which should be a string)

const newTokenAddress = newTokenInstance.address;

// Save the address of the newly created token for later use

newlyCreatedTokens = { tokenAddress: newTokenAddress, tokens: newTokenInstance };

} catch (error) {

// If an error occurs during the installation, save the error message as a string and continue running the rest of the tests

if (error instanceof ethers.AdenemyError || error.status === 0) {

console.log("Unexpected error while creating token:", error.message);

}

}

return newlyCreatedTokens;

}

// Usage example:

const tokensN = 100; // Create 100 new tokens

const tokens = await tokens(tokensN);

console.log(New tokens:);

for (let i=0;i

console.log(${i+1}. Token ID: ${tokens.tokens[i].tokenAddress}, Token Count: ${tokens.tokens[i].count});

}

Code changes:

Ethereum: TypeError: unsupported addressable value (argument=

  • I added a “tokens” function that takes the number of tokens as an argument and returns a promise.
  • Inside this function, we instantiate our contract using ethers.getContractFactory('ERC20Token'), deploy it with the specified amount, and get its address using account.address.
  • We also save the address of the newly created token for later use. You can store your tokens here for later use.
  • We also added error handling to catch unexpected errors during the deployment.

Additional notes:

  • Make sure your Hardhat configuration includes the required dependencies and has a hardhat.config.js' file to define your test environment.
  • You need to create a new contract (in this case an ERC20 token) using "ethers.getContractFactory('ERC20Token')". This usually means creating a Solidity smart contract for the token with the necessary functions and variables.
  • In this example, we have assumed that you are creating an ERC20 token. If you need to create other types of tokens (e.g. ERC721), you may need to modify the code accordingly.

Usage example:

You can use our "token" function like this:

const { await } = require('chai');

const { ethers } = request('hardhat');

async function main() {

const tokensN = 100; // Create 100 new tokens

const tokens = await tokens(tokensN);

console.log(Recently created tokens:);

for (let i=0;i

console.log(${i+1}. Token ID: ${tokens.tokens[i].tokenAddress}, Number of tokens: ${tokens.tokens[i].count}`);

}

}

main()

This code creates 100 new ERC20 tokens and prints their addresses.

Ethereum: How can Bitcoin solve societal problems caused by capitalism?

Ethereum: A New Path Forward for Capitalism

When our conversation turned to the topic of alternative cryptocurrencies like Bitcoin, it quickly became apparent that our friend’s initial reaction was skepticism. She expressed concerns that Bitcoin, or any other digital currency, would simply enable speculation and widen the wealth gap between the haves and have-nots.

While it is true that some critics argue that cryptocurrency can be used to launder money, manipulate markets, and even perpetuate social injustices, the underlying principles of Ethereum and other cryptocurrencies challenge this narrative. In fact, Ethereum has the potential to become a decentralized platform for solving complex societal problems caused by capitalist systems.

The Problem with Traditional Capitalism

Ethereum: How can Bitcoin solve societal problems caused by capitalism?

Traditional capitalism, as we know it today, is built on the idea of ​​ profit and growth. The pursuit of wealth and power leads individuals and organizations to prioritize short-term gains over long-term sustainability and social responsibility. This mindset can result in exploitation of workers, environmental degradation, and disregard for community well-being.

To illustrate this point, consider the following examples:

  • Tax avoidance and evasion: Wealthy individuals often use tax havens to hide their assets from taxes, reducing government revenue and perpetuating income inequality.

  • Environmental degradation: The pursuit of profit can lead companies to prioritize short-term gains over environmental sustainability, contributing to climate change and resource depletion.

  • Social injustices: Capitalist systems often perpetuate existing social inequalities by creating new forms of exploitation and oppression.

Ethereum’s Potential for Social Progress

Ethereum, a decentralized blockchain platform, has the potential to address some of these issues. The Ethereum network is built on a consensus algorithm called Proof-of-Stake (PoS), which allows for more inclusive and equitable decision-making processes.

  • Decentralized governance: Ethereum enables communities to create their own autonomous governance systems, giving individuals and organizations control over their digital assets.

  • Open-source development: The decentralized nature of Ethereum allows for open-source development, ensuring that the platform is transparent and accountable.

  • Security and integrity: The use of advanced cryptographic algorithms and smart contract security measures ensures the integrity of transactions and reduces the risk of manipulation.

Breaking Down Barriers

To fully harness the potential of Ethereum, we need to address the underlying issues driving capitalist systems. This requires a shift in mindset, from prioritizing profit over people and planet to prioritizing social responsibility and community well-being.

  • Education and awareness: We must educate individuals about the benefits and risks of decentralized systems and encourage them to participate in the development process.

  • Policy changes

    : Governments can implement policies that promote transparency, accountability, and inclusivity, creating a more equitable society for all.

  • Community engagement: Building coalitions between communities, organizations, and governments is crucial for driving positive change.

In conclusion, while Bitcoin may not be the answer to solving societal problems caused by capitalism, Ethereum presents an alternative path forward. By leveraging the decentralized nature of blockchain technology, we can create a more inclusive and equitable society for all.

solana target error

Ethereum: How to get xpub or mpk(bip32) for my bitcoin core wallet?

I can walk you through the process of getting an XPR (BIP 42) or MPK (BIP 36) address for your Bitcoin Core wallet. Here are step-by-step instructions:

What are XPR and MPK?

XPR and MPK are two types of Bitcoin addresses that allow you to use your Bitcoin Core wallet with multiple Bitcoin networks, including Bitcoin and Segregated Witness (SegWit). They also allow you to use the Bitcoin Cash (BCH) network.

Why do I need XPR or MPK?

You may need an XPR or MPK address if:

  • You have a Bitcoin Core wallet set up to use multiple networks.
  • You want to use your wallet with different Bitcoin variants, such as Bitcoin Gold or Silver.
  • You want to migrate from one network (e.g. Bitcoin Cash) to another (e.g. Bitcoin).

Detailed instructions:

Ethereum: How to get xpub or mpk(bip32) for my bitcoin core wallet?

  • Update your Bitcoin Core: Make sure you have the latest version of Bitcoin Core. If you haven’t updated it recently, update it using the bitcoin-core update command.
  • Select your wallet configuration: Go to Settings > Wallet in the Bitcoin Core UI. Select “Multiple Networks” under “Wallet Settings”. Select the network(s) you want your wallet to support (e.g. BTC, BCH).
  • Generate or obtain an XPR or MPK address:
  • To generate an XPR address:
  • Go to bitcoinorg-tool secp256k1 GenerateKeyPair and create a new key pair.
  • Select “X PR” as the key type (or press Enter to default).
  • The tool will print out a public XPR address, for example, xprv....
  • To generate an MPK address:
  • Follow steps 1-3 in the previous point to create a new key pair.
  • Press “X” to select “MPK (BIP 36)” as the key type.

Tips and Considerations:

  • Make sure you understand what each XPR or MPK address represents, its security implications, and any potential risks associated with using them in your wallet.
  • Be careful when generating public addresses for sensitive purposes, such as spending your coins or creating new wallets.
  • If you are unsure about the security of an XPR or MPK address, consider consulting the Bitcoin Core documentation or seeking advice from a financial professional.

Example:

Assuming you have a Bitcoin Core wallet with multiple network setups, let’s say you want to generate an XPR address for the BTC network. You would run bitcoinorg-tool secp256k1 GenerateKeyPair and select “X PR” as the key type. The tool will return a public XPR address, for example xprv....

To get an MPK address for the BCH network, you can use the same command, but with different settings.

Remember to regularly update your wallet configuration and generate new addresses when necessary to maintain the security of your Bitcoin Core wallet.