Blockchain Slip no 8 Solution

Step 1:

When generating a Bitcoin wallet address using a JavaScript library called bitcoinjs-lib.

Before you proceed, make sure you have Node.js installed. You can install the bitcoinjs-lib library using the following command:

npm install bitcoinjs-lib

Step 2:

Type these code in VS code:

const bitcoin = require('bitcoinjs-lib');

// Generate a new random Bitcoin keypair
const keyPair = bitcoin.ECPair.makeRandom();

// Get the public address (Bitcoin wallet address)
const address = keyPair.getAddress();

// Get the private key (WIF format)
const privateKey = keyPair.toWIF();

console.log('Bitcoin Address:', address);
console.log('Private Key:', privateKey);