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private key – Why checksum the privkey in WIF?

Moussa by Moussa
February 10, 2024
in Bitcoin
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peer discovery – how to obtain the IP addresses of nodes for mining pools?
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The purpose of checksums is to ensure data integrity when transferring. Given that WIF means Wallet Import Format, the assumption is that any private key in this format is being transferred from one place to another, and generally people want a check that the transfer was done successfully. Having a checksum built into the format allows for an integrity check to be done quickly at import time to inform the user whether there are any obvious errors.



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