Post
Topic
Board Development & Technical Discussion
Re: How exchanges make wallet adresses?
by
DerekVazz
on 26/03/2018, 07:12:23 UTC
So at exchanges, so many coins. For each of them, they provide deposit addresses.

If you are engineer, need to implement that, how to do?

Maybe using that coin's daemon?

How is specific procedure of it?

Thanks.

I believe most of the coins use bitcoins method of creating addresses. You can use any programming language for that.
First you generate a random 32-byte private key.
Then create a public key out of it using elliptical curve digital signature algorithm.
Out of public key you can create an address. It works as described in this image:

https://en.bitcoin.it/w/images/en/9/9b/PubKeyToAddr.png