convert bitcoin address to ethereum address - page 2.

Asuspawer09

sr. member

Activity: 1820

Merit: 436

Quote from: Yaunfitda on March 28, 2020, 03:52:57 AM

Quote from: rosezionjohn on March 28, 2020, 03:28:01 AM

I would not be surprised if one day I see you complain that your funds are stolen because you downloaded some file from some website. How convenient it must be for hackers that someone would actually use their work and hand their private keys.

Correct, of course right now we can say that this is a good tool to used.

However, one day we might see someone bitching around the community and say that he had lost his BTC when using some online tools that supposedly clean. Could be good if you are not playing with huge amount of BTC here, just to get how the supposedly conversion works.

But better to stay with BTC and then separate your funds with Ethereum, just saying.

I agree with that I think this kind of method is completely unnecessary, Also this is not how the system works. Your method might work but I don't think anybody is going to risk their funds in this method.

Anyway, it is more secure if you are justs going to follow and create a different wallet address for BTC and Ethereum since this is how it works, and for sure it will be fixed soon so completely not recommended for everybody.

odolvlobo

legendary

Activity: 4466

Merit: 3391

This is how it works:

1. Use the address to find the public key in the block chain. In order to send bitcoins, the sender must provide the public key that corresponds to the address holding the bitcoins. That is the reason for the requirement, "Given the BTC address was already used to SEND."
2. Just as a Bitcoin address is derived from the public key, so is an Ethereum address.
3. A public key is derived from a private key. Since both the Bitcoin address and ethereum address come from the same public key, they also come from the same private key.

Actually, since the addresses of many types of coins are derived from public keys. You can do the same trick with other coins, too (as long as they use the secp256k1 ECC curve).

fiulpro

hero member

Activity: 1890

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See I haven't tried it nor I know about it's credibility , but all I can tell you is , no matter what you should not do stunts like these and on the top of that use Information provided by a third party website .
Have you ever heard about phishing ?
Search it up , you can really be in a problem one day .
I don't even understand why do you need to do this , just chill and use things , the way they are supposed to be used .
Don't play with them untill and unless you know more than anyone about them .

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: rosezionjohn on March 28, 2020, 03:28:01 AM

I would not be surprised if one day I see you complain that your funds are stolen because you downloaded some file from some website. How convenient it must be for hackers that someone would actually use their work and hand their private keys.

Correct, of course right now we can say that this is a good tool to used.

However, one day we might see someone bitching around the community and say that he had lost his BTC when using some online tools that supposedly clean. Could be good if you are not playing with huge amount of BTC here, just to get how the supposedly conversion works.

But better to stay with BTC and then separate your funds with Ethereum, just saying.

Rodeo02

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Activity: 1302

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avatar and signature space for rent !!!

Quote from: rosezionjohn on March 28, 2020, 03:28:01 AM

I would not be surprised if one day I see you complain that your funds are stolen because you downloaded some file from some website. How convenient it must be for hackers that someone would actually use their work and hand their private keys.

And its much secured if you make different wallet to eth and btc there is no reason for you to use the same private key from different address?
Its much easier to make a wallet and stored your keys to safe place , than give your to trust to unknown website that claiming they can make you both eth and btc address with the same private key.

bitbunnny

legendary

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Quote from: rosezionjohn on March 28, 2020, 03:28:01 AM

I would not be surprised if one day I see you complain that your funds are stolen because you downloaded some file from some website. How convenient it must be for hackers that someone would actually use their work and hand their private keys.

Exactly, people are too careless and don't have in mind security. Wallets and cryptocurrency in general are so vulnerable and we have to be very careful what we install, what data we share and especialy we shouldn't give out our private keys. If you don't act like that don't be surprised if one day you lose your coins.

rosezionjohn

sr. member

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I would not be surprised if one day I see you complain that your funds are stolen because you downloaded some file from some website. How convenient it must be for hackers that someone would actually use their work and hand their private keys.

handschi

newbie

Activity: 64

Merit: 0

ofcourse copy/pasting private keys around the web is a NO-NO.

the site clearly states

Quote

Download this one-file-html-app and run it offline for best security!

thats what i ofcourse do when working with my keys!!!

i now tried it.

i made a bitcoin key and did a transaction to it and away from it:

https://www.blockchain.com/btc/address/194hjYrZPP7jL5FHhd8FWXTw3SU96k8G39

then i converted my key to an ethereum one and also sent a little there and away:

https://etherscan.io/address/0x998ada06ae837a0c36d6ab9c2073acddfa817fb7

both have the same private key.

nice tool.

cryptoaddictchie

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I tried some btc address segwit to convert into ethereum address. Then its noted no private key on the network? At first I thought its possible but thinking about it. How can this be possible having two different blockchain?

Also I found it suspicious that we can come up with an ethereum address using a private key of bitcoin? You mean we need to input our keys to do? No way, its like a a suicide when you copy a bitcoin private key to an unknown website.

Quote from: handschi on March 28, 2020, 01:34:53 AM

Generate an ETHEREUM address from a BITCOIN private key or vice versa.

Inputting a PK is a risk for everyone. Not a good way to acquire an ethereum or btc address from this. Might just create a new one from trusted mew, or bitcoin core wallet

handschi

newbie

Activity: 64

Merit: 0

i found this site on hackernews:

https://free-online-app.com/bitcoin-2-ethereum-address-converter/

Quote

bitcoin2ethereum
Did you know? You can generate an ETHEREUM address for any existing BITCOIN-address.

Given the BTC address was already used to SEND.

sending leaks the full public key, so we can use the pubkey to generate an ETH address from it.

The generated ethereum address can be controlled with the same private key.

This way you can send ETH assets to someone you only know his BTC address.

i tested some bitcoin addresses and for each one it gives me an ethereum address.
this way i could send somebody a donation in an ERC20 token although i only know his bitcoin address.

it also links to this:

https://free-online-app.com/bitcoin-ethereum-private-key-converter/

Quote

BTC<->ETH Private Key Converter

Generate an ETHEREUM address from a BITCOIN private key or vice versa.

obviously i can generate an ethereum keypair from my bitcoin WIF on there.

is this too good to be true or can this be done without problems?

i find it very inviting to have one key for all my crypto needs.

are there any security problems?

the private key converter states

Quote

Download this one-file-html-app and run it offline for best security!

i cursorly jumped through the html/js code and it has no external dependencies.

i think about putting this onto my linux-crypto-usb-boot-stick.

thanks for any input!

Topic: convert bitcoin address to ethereum address - page 2. (Read 519 times)