Topic: Identical multisig addresses for bitcoin and litecoin? (Read 826 times)
The private and public keys, and addresses, in Litecoin are exactly the same as they are in Bitcoin. The address just starts with a different prefix byte. But under the hood, it's exactly the same. It's only the mining that's different -- using scrypt instead of sha256, and having blocks come 4x faster. The public/private keys, and if Litecoin is using P2SH now too, all work exactly the same.
Just posted in the wrong forum the following "problem" I found.
This is not a problem.Quote
Is this expected to happen?
Yes.
Just posted in the wrong forum the following "problem" I found.
https://bitcointalksearch.org/topic/identical-multisig-addresses-for-bitcoin-and-litecoin-1070161
Hi there,
I did some test with the multisignature possibilities that offers electrum and how it works. I also did the same with litecoin and managed to create the same multisignature addresses with the same seeds in electrum 2.2 for bitcoin and electrum-ltc 2.1.1.1 for litecoin.
I never expected to create actually the same address for both currencys.
Is this expected to happen?
As for I know litecoin normal addresses start with an "L" and using the same creation process as I did know I created electrum wallets for both but never had similar addresses.
37hfmnYA8itexteYdHNNKyLGU1PUZmKnPQ
https://tupambae.net/photo/995d165d30891d5098dbcbca059903e1-0.jpg
https://bitcointalksearch.org/topic/identical-multisig-addresses-for-bitcoin-and-litecoin-1070161
Hi there,
I did some test with the multisignature possibilities that offers electrum and how it works. I also did the same with litecoin and managed to create the same multisignature addresses with the same seeds in electrum 2.2 for bitcoin and electrum-ltc 2.1.1.1 for litecoin.
I never expected to create actually the same address for both currencys.
Is this expected to happen?
As for I know litecoin normal addresses start with an "L" and using the same creation process as I did know I created electrum wallets for both but never had similar addresses.
37hfmnYA8itexteYdHNNKyLGU1PUZmKnPQ
https://tupambae.net/photo/995d165d30891d5098dbcbca059903e1-0.jpg
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