⚡ Base58 address from Public Key 🔑

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example key to enter:

0250863ad64a87ae8a2fe83c1af1a8403cb53f53e486d8511dad8a04887e5b2352

This will give you : 1PMycacnJaSqwwJqjawXBErnLsZ7RkXUAs

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This is a demo, it uses Legacy Bitcoin addresses, which start with a 1 for P2PKH (Pay-to-Public-Key-Hash) addresses.

Legacy Addresses (Base58Check):
    Format: Starts with 1.
    Example: 1PMycacnJaSqwwJqjawXBErnLsZ7RkXUAs.
    Encoding: Base58Check encoding.
    Type: P2PKH (Pay-to-Public-Key-Hash).

This code generates a legacy Bitcoin address from a given public key in hexadecimal format. It performs the following steps:

1. Hex to Bytes: Converts the input hexadecimal string into a byte array.

2. SHA-256 Hashing: Computes the SHA-256 hash of the public key bytes.

3. RIPEMD-160 Hashing: Hashes the SHA-256 result using the RIPEMD-160 algorithm.

4. Version Byte: Prepends a version byte (0x00) to the RIPEMD-160 hash, indicating it's for the main Bitcoin network.

5. Checksum Calculation: Computes the SHA-256 hash of the versioned hash, then performs SHA-256 again to derive a checksum.

6. Checksum Append: Appends the first four bytes of the checksum to the versioned hash.

7. Base58 Encoding: Converts the final byte array into a Base58 string, resulting in the Bitcoin address.

   try it out