Friday, October 6, 2017

Bitcoin is just a Number.

Sounds strange but that is. All is around numbers, and rules. Our existence is all about numbers and rules, so is Bitcoin,.
I try to figure here very simple what is Bitcoin and how you can make your own address. very easy. and send it to the network.
Let`s start with number 1. Our computer generate a random number between 1 and a very huge number 115792089237316195423570985008687907852837564279074904382605163141518161494336 maximum. for example number 1. Is possible! let s my computer can generate just number 1 like a random number.
This number is private key. For example my private key is number 1. OK.
This is the begin of bitcon math because this private key have a Public Key. What name it Generator point, G. Every number between 1 and the big number above can be a private key. Be sure about that. Every address of bitcoin what you have is compounding from one number in the interval above,.
That random  number, I mean  the private key,.is compounding with a simple math ecuation in a Public key, what is normaly the bitcoin address. You don`t have to work to NSA or CIA or to MIT to can understand this ecuations.
All operation is doing one way I mean you can obtain the Public Key from Private key but you can not return with a easy formula from Public Key back to Private key.
Let s call the private key of bitcoin each number from above interval.
Every private key have a Corespondending Public Key. What is Compounding from 1 geometrical point X and Y.  in a plane. For example the private key 1 have the public key
X = 55066263022277343669578718895168534326250603453777594175500187360389116729240
Y = 32670510020758816978083085130507043184471273380659243275938904335757337482424

The Generator Point G is G(X,Y) is coresponding for private key 1..
Formula to get Public Key is : private key x G = Public Key.,
But attention is a number multiply with a geometric plane point X and Y coordinate, so this is not so easy to do because all math is doing in modulo p =115792089237316195423570985008687907853269984665640564039457584007908834671663
I write more in next post, very interested the first 3 addresses I mean the private key 1 and 2 and 3 was generated in 1970.
PS.
What is  modulo. Think about  your clock shows you 12 hours not more. If you say is 17 and 15 minutes, is mean you say is 5 pm and 15 min modulo 12.
This blog is for all peoples, if you think you are smarter then others dont`t show it here just prouve it.

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