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The requested URL /?currency=Litecoin was not found on this server.Bitcoin Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 2 down vote favorite I want to backup only the private key, not the full litecoin-qt wallet for the reason that the wallet can be used only with litecoin-qt client and if I have to use it after few years or on other machine, I do not want to wait the client to fully download the full blockchain.Could anyone please let me know how to extract the private key from the wallet file?wallet.dat litecoin-qt up vote 3 down vote Go in the console and type : dumpprivkey litecoinaddress Use the help if nessassary.The console is in : Help\Debug Windows Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.

Not the answer you're looking for?Browse other questions tagged wallet.dat litecoin-qt or ask your own question._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 4 down vote favorite 2 Is it lost forever?
why asic litecoinWhat about the reverse: sending Litecoin to a Bitcoin address?
20 mh/s bitcoinaddress litecoin alternatives up vote 8 down vote A Bitcoin or Litecoin address consists of: a prefix byte a 160-bit hash of a public key a 32-bit checksum all base-58 encoded.
bitcoin cad graphBitcoin and Litecoin use different prefix bytes; this is why most Bitcoin addresses start with 1, while most Litecoin addresses start with L. When you use a Bitcoin client to try to send money to an address, it should perform a number of checks on that address.
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One of those checks would be the prefix byte.When it notices that the address doesn't have the correct prefix byte for Bitcoin, it should barf, complaining that you have specified an invalid address.
litecoin mining best gpuIt wouldn't try to create a transaction at all.
litecoin pools chartSo for practical purposes, the answer to the question is "you can't do it".
ethereum chain stateThe same applies if you try to send Litecoins to a Bitcoin address - the prefix byte would not match the Litecoin client's expectation, so it would reject the address and refuse to create a transaction.
bitcoin wiki satoshiIn theory, if you somehow used a broken client that did not check the prefix byte, it might actually generate a transaction whose output specified the 160-bit hash of the public key corresponding to the Litecoin address (call this hash value H).
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The hash is the only part of the address that is actually used in creating a transaction.Since all possible 160-bit numbers are potentially valid hashes, there would be no way to tell that H had come from a Litecoin rather than a Bitcoin key, so this would be a valid Bitcoin transaction.(I got this wrong in a previous version of the answer.)The transaction could only be spent by a Bitcoin transaction, signed with a private key whose public key had the hash H. Now I believe (though I am not completely sure) that Litecoin uses exactly the same ECDSA signature algorithms as Bitcoin.Therefore, if you (or someone else) has the private key for the Litecoin address, both Bitcoin and Litecoin should agree as to what the corresponding public key is, and agree that it has hash H. So in principle, the private key holder would be able to import this key into a Bitcoin wallet and use it to spend the coins sent to the Litecoin address by the broken client.(They couldn't import the key directly, again because the prefix byte would be wrong; but they could decode the base58-encoded Litecoin private key string, extract the 256-bit number which is the actual private key, prefix it with the appropriate Bitcoin prefix byte, recalculate the checksum, and re-encode the whole thing in base 58.

The result would be suitable to import into a standard Bitcoin wallet.)If I am wrong about this, and Bitcoin and Litecoin handle keys and signatures differently, then most likely there would be no feasible way to find a private key whose public key's hash (computed by Bitcoin's rules) was equal to H. In that case, the coins sent to that address would be lost forever.up vote down vote Obviously, it's a bad idea to experiment as funny things can happen.That being said, your client should simply recognize it as an invalid address and reject the transaction.While the Litecoin address is valid for Litecoins, it is not valid for Bitcoins, hence should be quickly rejected.As Nate pointed out, Litecoin addresses start with "L", so your client would immediately recognize it as invalid.Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.

Browse other questions tagged address litecoin alternatives or ask your own question.The world of Bitcoin has been filled with drama lately.“The whole atmosphere in the Bitcoin ecosystem got a bit toxic,” Marco Krohn, CFO at the Icelandic bitcoin mining company, Genesis, told the Observer in a phone call.Without going deeply into the technical details, so many people use the original cryptocurrency today that the system has become bogged down and slow.It takes many minutes for a Bitcoin transaction to settle, and that has become a problem.There’s a lot of data that rides with every bitcoin transaction, and all that data takes up space.The more data that has to go onto the bitcoin’s public ledger, the blockchain, the fewer transactions can go through at a time.Bitcoin developers have proposed a solution, called “segregated witness” (SegWit) which would shave data off of each transaction, but the bitcoin mining community hasn’t adopted it yet.Litecoin, one of the earliest forks of the original Bitcoin code, has come very close to adopting segregated witness for its miners.

The cheaper cryptocurrency was already faster than Bitcoin, and this move should make it even faster.Yesterday, the leading cryptocurrency wallet company, Coinbase, announced support for Litecoin, which reads like a vote of support for segregated witness across cryptocurrencies.The market appears to approve of the progress too.Litecoin’s price has doubled, to about $24 per Litecoin, in the last month, according to Coingecko.Coinbase has also published a Litecoin explainer.Segregated witness is a simple concept, even if the execution is complicated.It removes the data that records the signature of a transaction from the bitcoin block, allowing more transactions to fit in each block.The blockchain is made of blocks, which is basically a list of transactions with corresponding metadata, which includes the digital signature.Signature data still goes onto the public blockchain, but it goes separately from the data about the traders.Some bitcoin miners have implemented segregated witness software, according to Krohn, but not nearly enough to make it a reality.

Miners would prefer to increase the size of each bitcoin block, though implementing segregated witness would not technically preclude that goal.“I think some of these miners are afraid that the increase of the block size is not going to happen,” Krohn said.In other words, as long as there is pressure to do something, miners want to increase block size first.If segregated witness were to take pressure off, they fear the update they prefer would occur more slowly.“With SegWit and Bitcoin’s current block scaling deadlock, I see a potential for Litecoin to help Bitcoin break through this deadlock,” Charlie Lee, founder of Litecoin, wrote when he announced his intention to move the network he founded to adopted segregated witness earlier this year.By proving the efficacy of the new approach, the younger coin can help convince the original to make the switch.Litecoin will implement segregated witness in five days, Lee confirmed on Twitter.SEE ALSO: How Blockchain Technology Can Help Poor People Around the World Observer Delivered to Your Inbox Must Reads We noticed you're using an ad blocker.