bitcoincashjs/docs/publickey.md

Public Key

Represents a bitcoin public key and is needed to be able to receive bitcoin, as is usually represented as a bitcoin Address. See the official Bitcoin Wiki.

A PublicKey in Bitcore is an immutable object and can be instantiated from a Point, string, PrivateKey, Buffer or a BN.

Instantiate a Public Key

Here is how to instantiate a public key:

var privateKey = new PrivateKey();

// from a private key
var publicKey = new PublicKey(privateKey);

// from a der hex encoded string
var publicKey2 = new PublicKey('02a1633cafcc01ebfb6d78e39f687a1f0995c62fc95f51ead10a02ee0be551b5dc');

Validating a Public Key

A public key point should be on the secp256k1 curve, instantiating a new PublicKey will validate this and will throw an error if it's invalid. To check that a public key is valid:

if (PublicKey.isValid('02a1633cafcc01ebfb6d78e39f687a1f0995c62fc95f51ead10a02ee0be551b5dc')){
  // valid public key
}

Compressed vs Uncompressed

It's important to note that there are two possible ways to represent a public key. The standard is compressed and includes the X value and parity (as represented above in the documentation). There is also a longer version that is uncompressed which includes both X and Y values. Using this encoding will generate a different bitcoin address, so be careful when selecting the encoding. Uncompressed public keys start with 0x04; compressed public keys begin with 0x03 or 0x02 depending on whether they're greater or less than the midpoint of the curve. These prefix bytes are all used in official secp256k1 documentation.

Example:

> var bitcore = require('bitcore');

// compressed public key starting with 0x03 (greater than midpoint of curve)
> var compressedPK = bitcore.PublicKey('030589ee559348bd6a7325994f9c8eff12bd'+
    '5d73cc683142bd0dd1a17abc99b0dc');
> compressedPK.compressed;
true
> compressedPK.toAddress().toString();
'1KbUJ4x8epz6QqxkmZbTc4f79JbWWz6g37'
// compressed public key starting with 0x02 (smaller than midpoint of curve)
> var compressedPK2 = new bitcore.PublicKey('02a1633cafcc01ebfb6d78e39f687a1f'+
    '0995c62fc95f51ead10a02ee0be551b5dc');
> compressedPK2.compressed;
true
> compressedPK.toAddress().toString();
'1KbUJ4x8epz6QqxkmZbTc4f79JbWWz6g37'
// uncompressed public key, starting with 0x04. Contains both X and Y encoded
> var uncompressed = bitcore.PublicKey('0479BE667EF9DCBBAC55A06295CE870B07029'+
    'BFCDB2DCE28D959F2815B16F81798483ADA7726A3C4655DA4FBFC0E1108A8FD17B448A68'+
    '554199C47D08FFB10D4B8');
> uncompressed.compressed
false
> uncompressed.toAddress().toString()
'1EHNa6Q4Jz2uvNExL497mE43ikXhwF6kZm'