Online Generation Method For Cryptographic Currency Address Based On Combined Public Key

  • Published: Mar 22, 2017
  • Earliest Priority: Oct 25 2016
  • Family: 2
  • Cited Works: 2
  • Cited by: 3
  • Cites: 4
  • Additional Info:
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Abstract

The invention discloses an online generation method for a cryptographic currency address based on a combined public key. The method comprises a system initialization process, an address generation process and a payment signing process. In the system initialization process, a private key and a public key matrix with a fixed size are generated by a wallet; the private key is stored in a private key storage area; and the public key matrix is stored in an online storage area of the wallet. In the address generation process, each time when the wallet receives payment, the wallet exports a corresponding unique address from the public key matrix through a unique transaction serial number, and in this process, the private key storage does not need to be accessed. In the payment signing process, the wallet generates a corresponding private key through the unique transaction serial number, and a signature is generated through the private key, thereby finishing payment. The cryptographic currency is Bitcoin, Litecoin or Ethereum. Through utilization of the method, a transaction address can be generated rapidly, the private key does not need to be accessed directly, and the private key and address management cost of the wallet is greatly reduced.


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Document History
  • Publication: Mar 22, 2017
  • Application: Oct 25, 2016
    CN CN 201610938140 A
  • Priority: Oct 25, 2016
    CN CN 201610938140 A

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