The network and address format in which a WIF-encoded private key is expected
to be used.
WIF-encoding is generally used to encode private keys for Pay to Public
Key (P2PKH) addresses – each WIF-encoded private key specifies the
compression of the public key to use in the P2PKH address:
The values mainnet and testnet indicate that the address should use the
compressed form of the derived public key (33 bytes, beginning with 0x02 or
0x03) on the respective network.
The less common mainnet-uncompressed and testnet-uncompressed values
indicate that the address should use the uncompressed form of the public key
(65 bytes beginning with 0x04) on the specified network.
The network and address format in which a WIF-encoded private key is expected to be used.
WIF-encoding is generally used to encode private keys for Pay to Public Key (P2PKH) addresses – each WIF-encoded private key specifies the compression of the public key to use in the P2PKH address:
mainnetandtestnetindicate that the address should use the compressed form of the derived public key (33 bytes, beginning with0x02or0x03) on the respective network.mainnet-uncompressedandtestnet-uncompressedvalues indicate that the address should use the uncompressed form of the public key (65 bytes beginning with0x04) on the specified network.