Programming common Bitcoin operations

Let's start by introducing bitcoinjs-lib by working with private keys and public addresses. The module provides us with some useful components for working with elliptic curve keys.

To generate a new private key, we'll start Node.js from our command line and enter the following commands:

~ node
> var bitcoin = require('bitcoinjs-lib')
> var private_key = bitcoin.ECKey.makeRandom()
> console.log(private_key.toWIF())

From our example, you can see that we're importing the bitcoinjs library and calling ECKey.makeRandom(), which returns a random private key. We store an object that represents the key in a variable called private_key. On the third line, we print ...

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