Abstract:
Generating a vanity address (VA) for user convenience in blockchain networks is a memoryless brute-force exercise that involves testing millions of probable private keys....Show MoreMetadata
Abstract:
Generating a vanity address (VA) for user convenience in blockchain networks is a memoryless brute-force exercise that involves testing millions of probable private keys. It requires a high-speed processor to compute millions of public keys and corresponding addresses in a short time. In this paper, we propose a novel split-key-multiplicative online VA generator for crypto wallet that provides faster VA generation compared with the existing vanity pools. The proposed approach is capable of improving the speed (in keys per second) of conventional VA generation by 2–7 times without reconfiguring the processor. We also propose a high-speed offline VA generator that offers blockchain users the ability to create a VA with a random vanity word using a low-performance processor without reliance on a vanity pool. To the best of our knowledge, this is the first research paper on VA generation in blockchain networks.
Date of Conference: 24-26 October 2023
Date Added to IEEE Xplore: 11 December 2023
ISBN Information: