Re: [ANN] bip32.org - JavaScript BIP32 deterministic wallet generator
How do I use it?
Simple. Type in a passphrase into the "Passphrase" box and tweak the value in "Keypair index". The generated keys are shown at the bottom of the page, along with a Bitcoin address you can send coins to.
In order to spend, copy the "Derived private key", change the button at the top of the page to "BIP32 Key" and paste in the key you just copied. Now copy the "Key" in the Key Info section. This is the Bitcoin private key, and it can be used to spend by using the transaction generator at http://brainwallet.org/
Where is the "Keypair index"?
Ah, you're right. I'll update the text. The keypair index is only available if you pick a derivation method that includes "i".
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You wrote: "...paste in the key you just copied." Paste it where? Most of the fields cannot be pasted into.
When you change the button at the top to BIP32 key, you can paste extended private keys into the "BIP32 Extended Key" field.
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More advanced users can use the site to do the following things:
It seems that this is already for more advanced users.
Perhaps there's layers of advanced-ness
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I just want to enable my users to send and withdraw bitcoin. I Do I need to understand cryptography, Depth, Parent Fingerprint, Child Index, Chain Code, Derivation Path, Derived Private Key, Private Key (WIF), Derived Public Key, Public Key (Hex), XXpv/XXub, base58_decode, magic bytes, encode, DOGE, Ltpv, Ltub, dgpv, dgub, etc. in order to do so?
You don't really need to understand these things if you're just a user of wallet software. If you're going to be writing wallet software, it helps to know what these things are. Some of them are critical pieces of knowledge.