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What Is A Compressed Bitcoin Key?

A compressed Bitcoin key is a way of storing a public key in fewer bytes similar to a zip file. There are no compatibility or security issues because they are precisely the same keys, just stored in a different way.

Original Bitcoin software did not utilize compressed keys.  As the currency has evolved Bitcoin is often stored in compressed keys which encode precisely the same. They require only a small amount of additional computing before they can be used to validate a signature.

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