No EC-Multiply

The No EC-Multiply BIP38 format is a method for encrypting private keys so they can be stored or shared securely. BIP38 (Bitcoin Improvement Proposal 38) was developed to standardize the way private keys are encrypted using a passphrase, offering a layer of security against unauthorized access.

No EC-Multiply BIP38 is the simpler of the two BIP38 encryption methods. Unlike EC-Multiply, which is designed for batch generation of encrypted keys, No EC-Multiply BIP38 encrypts each key individually, making it suitable for manual entry and less dependent on complex computer operations. This method uses AES encryption to encode the private key with a passphrase, protecting it even if the physical document or digital file is exposed.

Here are the steps:

Select Mode

  1. Select Cryptocurrency

  2. Select Network

  3. Select Mode

Convert Private Key to WIF

  1. Enter Private Key

  2. Select WIF Type

  3. Click Convert

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Encrypt WIF

  1. Enter Wallet Import Format (WIF)

  2. Enter Passphrase

  3. Click Encrypt

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Decrypt WIF

  1. Enter Encrypted WIF

  2. Enter Passphrase

  3. Click Decrypt

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