Ethereum: Segwit addresses creation error on the Bitcoin core
The Ethereum community has experienced segwit addresses creation in Bitcoin Core, a popular cryptocurrency client. In this article, we will immerse ourselves in the error message and the possible solutions to solve this problem.
Error message:
When you try to create a new Segwit address using Bitcoin Core 15.0.1 on Windows 64 bit, users are welcomed with an error message similar to the following:
`'
$ GetNewaddress
GetNewaddress: Unable to find a key that corresponds to the required format
'
What is Segwit?
Segwit addresses (segmented witnesses) are designed for Ethereum and other blockchain networks in order to improve scalability. Segwit addresses have several advantages, including:
- Reduction of transaction costs
- Increased flow capacity
- Improvement of network security
Bitcoin Core Version: 15.0.1
The error message indicates that Bitcoin Core is unable to find a key that corresponds to the format required to create Segwit addresses.
Possible solutions:
To solve this problem, users can try the following solutions:
1. Update the Bitcoin core to the latest version
Make sure the latest version of Bitcoin Core is installed on the system. You can download the latest version from [official website] (
'
$ Bitcoin-qt-Getchangelog
'
2. Activate SEGWIT support
Some users may need to activate segwit management in Bitcoin Core. To do this, follow these steps:
- Open a terminal and run:
bash
$ Bitcoin-qt--Enable-Segwit = True
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- Restart the Bitcoin Core client.
3. Update Wallet software
If you have older wallet software installed, such as Electrum or Myetherwallet, this can cause problems with the creation of Segwit. You can try to update these wallets in the latest version:
- Download and install a new portfolio from its official website.
- Restart your wallet after installation.
4. Add private segwit keys
If you have used private keys generated by your portfolio software, they may not be compatible with Segwit addresses. You can try to generate new private keys specifically for Segwit addresses:
- Open a terminal and run:
bash
$ bitcoin-qt --GetNewaddress
` ‘
- Follow the prompts to generate a new address.
5. Reset the Bitcoin kernel to its original state
If none of the above solutions work, you can try to reset the Bitcoin kernel to its original state by:
- Closure of all Bitcoin nucleus instances.
- Deletion of the “data” file.
- Restart the system.
Conclusion:
The creation of segwit addresses in Bitcoin Core can be a little delicate, but several solutions are available to solve this problem. By updating Bitcoin Core to the latest version and allowing Segwit’s support, you should be able to create new Segwit addresses successfully. In addition, updating Wallet software or generation of new private keys specifically for SEGWIT addresses can also help solve the problem.
Tips and variations:
- Know that not all portfolios support Segwit addresses.
- Some portfolios may require additional configuration parameters to activate segwit support.
- For more information on Segwit and Bitcoin Core, see official documentation [Bitcoin Core] (