Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: I need a guiding hand to explain me elliptic curve cryptography
by
o_e_l_e_o
on 02/10/2020, 15:36:20 UTC
⭐ Merited by ETFbitcoin (1)
Yes but if the first G is randomly chosen
G Is not randomly chosen. G is known as the generator point, and is the same for every private/public key pair in bitcoin. Specifically, it is:

Code:
Compressed: 02 79BE667E F9DCBBAC 55A06295 CE870B07 029BFCDB 2DCE28D9 59F2815B 16F81798

Or

Uncompressed: 04 79BE667E F9DCBBAC 55A06295 CE870B07 029BFCDB 2DCE28D9 59F2815B 16F81798 483ADA77 26A3C465 5DA4FBFC 0E1108A8 FD17B448 A6855419 9C47D08F FB10D4B8

The reason it can be compressed is because you don't have to store the y coordinate; it is sufficient to store the x coordinate and whether the y coordinate is positive or negative, and the y coordinate can be calculated.