Ethereum: How to generate legacy receiving address in Bitcoin core 0.19.x.x

Generating Legacy Receive Addresses in Bitcoin Core 0.19.x.x

Bitcoin Core, the official Bitcoin client, has undergone significant updates over the years. In this article, we will explore how to generate legacy receive addresses in Bitcoin Core 0.19.x.x.

What are legacy receive addresses?

Legacy receive addresses, also known as Bech32 addresses, are a type of address format used by the Bitcoin network. They are designed to be more human-friendly and easier to use for end users. Unlike P2SH (plain Turing-Complexted Sharding) addresses, which are used to sign transactions and are not directly compatible with legacy receive addresses, Bech32 addresses can be used as both send and receive addresses.

How ​​to Generate Legacy Receive Addresses in Bitcoin Core 0.19.x.x

To generate legacy receive addresses in Bitcoin Core 0.19.x.x:

  • Make sure you have the latest updates

    : Make sure your Bitcoin Core is up to date by running bitcoind --download=full and then updating to the latest version.

  • Download the Bitcoin Core package for your operating system:
  • On Windows: download the package bitcoin-core-0.19.1.windows.1.exe from the official BitTorrent website.
  • On MacOS (with Homebrew): run brew install bitcoin-core.
  • On Linux (with apt-get or yum): run sudo apt-get update && sudo apt-get install bitcoin-core or sudo yum install bitcoind.
  • Start Bitcoin Core

    : Run “bitcoind –start” to start the Bitcoin client.

  • Enter a new session: To generate legacy receive addresses, you will need to enter a new session using “bitcoin-cli –newsession”. For example: “bitcoin-cli –newsession”.
  • Use the “getaddrinfo” command with the format “bc1”.: Run “bitcoin-cli –getaddrinfo –bc1 –format=legacy” to generate the legacy receive address. The output will look like this:

"Address: bc1a89cd9e54d7c758af45f4b5ab0a8bf7ac6ef56"

"Type: Legacy Address"

"ScriptPubKey: ..."

In this example, “bc1” is the Bech32 prefix for legacy addresses, and “a89cd9e54d7c758af45f4b5ab0a8bf7ac6ef56” is a random start. The output also includes the scriptPubKey, which can be used to sign transactions.

Tips and Variations

  • You can use the “-l” option with “bitcoin-cli” to display all legacy receiving addresses in a specific format (e.g. “–format=legacyaddress”).
  • To generate P2SH addresses instead of Bech32 addresses, precede the command with “bc1” as shown above.
  • Please note that using legacy receive addresses may not be compatible with some services or software that require P2SH addresses.

By following these steps and understanding the differences between Bech32 and P2SH addresses, you can generate legacy receive addresses in Bitcoin Core 0.19.x.x and improve your overall experience working with the Bitcoin network.

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