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The code is very possible to miss a leading '0'. E.g: Private Key (hex) is: 57c003d31cca32f79a22e70334fff37875617e89c04d2746b5efc22067ccb8fd Before: Compressed Public Key (hex) is: 03 8f0de2360796ae0fe17f1a2b0be30af6fb45eccc4a1c7afb5ebea21d041b6e0 After: Compressed Public Key (hex) is: 03 08f0de2360796ae0fe17f1a2b0be30af6fb45eccc4a1c7afb5ebea21d041b6e0 The bug is in the pybitcointools, but it is not updated, we can only repair it ourselves.