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Topic: How do I use the master public key to spend my bitcoins using my computer? (Read 1719 times)

hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
You cannot spend any bitcoins with the Master Public Key. You can with the seed if you use it with the appropriate software like electrum to regenerate the private keys to an address containing any bitcoins.


Think of it like this:

New Wallet ------ SEED ------------------- PRIVATE KEY (1) -------------- PRIVATE KEY (2)
                  |                                                |                                        |
                  |                                                |                                        |
                  |---- MASTER PUBLIC KEY -- PUBLIC KEY (1) -------------- PUBLIC KEY (2)


Even though you know PUBLIC KEY(2) has bitcoins and you can generate the address with only the MASTER PUBLIC KEY, However to spend these bitcoin you have to generate PRIVATE KEY(2) which require you to have the SEED.

I hope the picture is clearer now.

full member
Activity: 126
Merit: 100
legendary
Activity: 3472
Merit: 4794
Hello,

I want to use the master public key to spend my bitcoins using my computer?

How do I do this?

What wallet are you using?
newbie
Activity: 10
Merit: 0
Hello,

I want to use the master public key to spend my bitcoins using my computer?

How do I do this?
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