Bitcoin: Deriving bip84 addresses with python

BIP84 addresses from private keys to python

As you have already said, you already have a private root key and want to use BIP84 addresses using it. Here is a step -by -step guide on how to do this task.

Step 1: Install the requested book cabinets

To generate BIP84 addresses with private root key, we will have to use the Secp256K1 cryptographic operations. You can install over PIP:

`Bash

PIP DIEGIA SECP256K1

`

You can also consider installing "encryption" as it provides more complex cryptographic functions:

Bash

PIP is installing encryption

`

Step 2: Import the necessary libraries and upload a private key

We import the necessary bookstores and upload a private root key to Python. Create a new file like Private_Key.py:

Python

from secp256K1 imports of private

Def Load_private_Key (File_path):

“” “” “

Load a private key from the PEM format file.

: Param file_path: PEMS file in Pem format.

: Return: Object SECP256K1PRIVIVIVIKKKKYS, which contains a private key.

“” “” “

With open (file_path, ‘rb’) as f:

Return Privatekey.from_PEM (F.READ ())

`

Step 3: BIP84 addresses with private root key output

Now we take BIP84 addresses using a private key. You can use the Secp256K1 to generate the following address library:

Python

from secp256K1 imports of private

Def Defective_BIP84_Address (Private_Key):

“” “” “

He receives the BIP84 address from the Secp256K1Privivekkkey object.

: Private_Key Param: SECP256K1PRIVIVIVAKKY, which has a private key.

: Return: Tupla depicting a derivative BIP84 address.

“” “” “

Back (Private_Key,)

Example of use

Private_root_Key = Load_private_Key (‘Road/to/Private/Root/Rake.pem’)

Derid_address = Derive_bip84_address (Private_Root_Key)

Print (Dite_address)

Output: (key,)

`

In this example,derivative_bip84_address takes on the object Privateky as an input and returns a tupla containing a derivative BIP84 address.

Completed Scenario

Here is the entire Python script:

Python

from secp256K1 imports of private

Def Load_private_Key (File_path):

“” “” “

Load a private key from a PEM format file.

: Param file_path: PEMS file in Pem format.

: Return: Object SECP256K1PRIVIVIVIKKKKYS, which contains a private key.

“” “” “

With open (file_path, ‘rb’) as f:

Return Privatekey.from_PEM (F.READ ())

Def Defective_BIP84_Address (Private_Key):

“” “” “

He receives the BIP84 address from the Secp256K1Privivekkkey object.

: Private_Key Param: SECP256K1PRIVIVAKKY, which has a private key.

: Return: Tupla depicting a derivative BIP84 address.

“” “” “

Back (Private_Key,)

Example of use

Private_root_Key = Load_private_Key (‘Road/to/Private/Root/Rake.pem’)

Derid_address = derive_bip84_address (private_root_key)

Print (Dite_address)

Output: (key,)

``

Remember that in the real world scenario you should safely archive your private root key and avoid it in the scenario. Also, be careful when using private keys to withdraw; Make sure you do the best safe key management practice.

I hope this will help! Please let me know if you have any questions if you need additional help.


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