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Generating Addresses

Almost all Bitcoin applications need to generate addresses for their users somehow. There's a lot going on in getting a correct bitcoin address, but our APIs make it possible to to get started with all types of addresses in a matter of minutes.

Generating SegWit (bech32) addresses

Generating native SegWit addresses in the bech32 format is something that all Bitcoin applications should enable, as it makes the transaction fees less expensive, and also makes the addresses more readable by humans. However, it has seen slower than necessary adoption. With Bitcoin-S you can generate bech32 addresses in four(!) lines of code (not counting comments and imports), so now there's no reason to keep using legacy transaction formats.

// this generates a random private key
val privkey = ECPrivateKey()
// privkey: ECPrivateKey = Masked(ECPrivateKey)
val pubkey = privkey.publicKey
// pubkey: org.bitcoins.crypto.ECPublicKey = ECPublicKey(02730f24aa0dbf574381d0c1d70e42e5867f388d31133f588f00b48ca5225d83f8)

val segwitAddress = {
    // see https://bitcoin.org/en/glossary/pubkey-script
    // for reading resources on the details of scriptPubKeys
    // pay-to-witness-pubkey-hash scriptPubKey V0
    val scriptPubKey = P2WPKHWitnessSPKV0(pubkey)
    Bech32Address(scriptPubKey, TestNet3)
}
// segwitAddress: Bech32Address = tb1q95sfklzke8hhr75n2jvuafanvhyccq2x7mlyzj

println(segwitAddress.toString)
// tb1q95sfklzke8hhr75n2jvuafanvhyccq2x7mlyzj

Generating legacy (base58) addresses

If you need to generate legacy addresses for backwards compatability reasons, that's also a walk in the park. Take a look:

// we're reusing the same private/public key pair
// from before. don't do this in an actual application!
val legacyAddress = P2PKHAddress(pubkey, TestNet3)
// legacyAddress: P2PKHAddress = mjdZmHY21SbFKgHZrgiCryTvNMjdgkfbT6

println(legacyAddress.toString)
// mjdZmHY21SbFKgHZrgiCryTvNMjdgkfbT6