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https://github.com/bitcoinbook/bitcoinbook
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Fixes display of extraneous backslashes in 4 places.
On line 274: Removed backslash before '+' character in double quotes, wrapped '+' in backticks. Only the first backslash was being correctly substituted, the second was erroneously displayed. (bug in asciidoctor?) On line 460: Removed backslashes before '+' character in formula. These backslashes were unnecessary; the '+' in an inline formula is rendered normally here and elsewhere.
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@ -271,7 +271,7 @@ image::images/msbt_0405.png["pubkey_to_address"]
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[[base58]]
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==== Base58 and Base58Check Encoding
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In order to represent long numbers in a compact way, using fewer symbols, many computer systems use mixed-alphanumeric representations with a base (or radix) higher than 10. For example, whereas the traditional decimal system uses the 10 numerals 0 through 9, the hexadecimal system uses 16, with the letters A through F as the six additional symbols. A number represented in hexadecimal format is shorter than the equivalent decimal representation. Even more compact,((("Base-64 representation"))) Base-64 representation uses 26 lower-case letters, 26 capital letters, 10 numerals, and two more characters such as "\+" and "/" to transmit binary data over text-based media such as email. Base-64 is most commonly used to add binary attachments to email. Base58 is a text-based binary-encoding format developed for use in bitcoin and used in many other cryptocurrencies. It offers a balance between compact representation, readability, and error detection and prevention. Base58 is a subset of Base64, using the upper- and lowercase letters and numbers, but omitting some characters that are frequently mistaken for one another and can appear identical when displayed in certain fonts. Specifically, Base58 is Base64 without the 0 (number zero), O (capital o), l (lower L), I (capital i), and the symbols "\+" and "/". Or, more simply, it is a set of lower and capital letters and numbers without the four (0, O, l, I) just mentioned.
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In order to represent long numbers in a compact way, using fewer symbols, many computer systems use mixed-alphanumeric representations with a base (or radix) higher than 10. For example, whereas the traditional decimal system uses the 10 numerals 0 through 9, the hexadecimal system uses 16, with the letters A through F as the six additional symbols. A number represented in hexadecimal format is shorter than the equivalent decimal representation. Even more compact,((("Base-64 representation"))) Base-64 representation uses 26 lower-case letters, 26 capital letters, 10 numerals, and two more characters such as "`+`" and "/" to transmit binary data over text-based media such as email. Base-64 is most commonly used to add binary attachments to email. Base58 is a text-based binary-encoding format developed for use in bitcoin and used in many other cryptocurrencies. It offers a balance between compact representation, readability, and error detection and prevention. Base58 is a subset of Base64, using the upper- and lowercase letters and numbers, but omitting some characters that are frequently mistaken for one another and can appear identical when displayed in certain fonts. Specifically, Base58 is Base64 without the 0 (number zero), O (capital o), l (lower L), I (capital i), and the symbols "`+`" and "/". Or, more simply, it is a set of lower and capital letters and numbers without the four (0, O, l, I) just mentioned.
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[[base58alphabet]]
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.bitcoin's Base58 alphabet
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@ -457,7 +457,7 @@ K = 04F028892BAD7ED57D2FB57BF33081D5CFCF6F9ED3D3D7F159C2E2FFF579DC341A↵
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[[comp_pub]]
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===== Compressed public keys
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Compressed public keys were introduced to bitcoin to reduce the size of transactions and conserve disk space on nodes that store the bitcoin blockchain database. Most transactions include the public key, required to validate the owner's credentials and spend the bitcoin. Each public key requires 520 bits (prefix \+ x \+ y), which when multiplied by several hundred transactions per block, or tens of thousands of transactions per day, adds a significant amount of data to the blockchain.((("compressed public keys", id="ix_ch04-asciidoc16", range="startofrange")))((("public keys","compressed", id="ix_ch04-asciidoc17", range="startofrange")))
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Compressed public keys were introduced to bitcoin to reduce the size of transactions and conserve disk space on nodes that store the bitcoin blockchain database. Most transactions include the public key, required to validate the owner's credentials and spend the bitcoin. Each public key requires 520 bits (prefix + x + y), which when multiplied by several hundred transactions per block, or tens of thousands of transactions per day, adds a significant amount of data to the blockchain.((("compressed public keys", id="ix_ch04-asciidoc16", range="startofrange")))((("public keys","compressed", id="ix_ch04-asciidoc17", range="startofrange")))
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As we saw in the section <<pubkey>>, a public key is a point (x,y) on an elliptic curve. Because the curve expresses a mathematical function, a point on the curve represents a solution to the equation and, therefore, if we know the _x_ coordinate we can calculate the _y_ coordinate by solving the equation y^2^ mod p = (x^3^ + 7) mod p. That allows us to store only the _x_ coordinate of the public key point, omitting the _y_ coordinate and reducing the size of the key and the space required to store it by 256 bits. An almost 50% reduction in size in every transaction adds up to a lot of data saved over time!
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