How to convert scriptPubKey bytes to Bitcoin address?

How to convert scriptPubKey bytes to Bitcoin address?

I am currently trying myself in parsing the blockchain using pyblockchain. My problem is that I am not able to encode the scriptPubKey correctly - although I don't know what I could possibly do wrong.

Below you can see how I traverse the blockchain:

from blockchain.reader import BlockchainFileReader

import hashlib
import base58

block_reader = BlockchainFileReader('/media/Data/btc/blocks/blk00325.dat')

count = 0

for block in block_reader:    
    count +=1        
    for t in block.transactions:
        for outp in t.outputs:
            addr = base58.b58encode(outp.script_pub_key)
            if addr.startswith('1'):
                print(addr)        
    if count >= 5:
        break

If I, in my Jupyter notebook, take a look at outp, I'll find for

outp.script_pub_key
>> b'v\xa9\x14\x1e\xbev\x83\xceJd\xad\xc9\x17\xe9\xb1\x93\x7f\x12&Q\xcb\xab\xa1\x88\xac'

this:

base58.b58encode(outp.script_pub_key)
>> 'pkJBVCg6k54E7ZiP7cvxbCvtN9aY9zEcgK'

and this is not a valid bitcoin address.

Apparently, bitcoin addresses are supposed to be encoded i Base58Check - however, that does not work either:

base58.b58encode_check(outp.script_pub_key)
>> '6PSJQapdQn8VeG9SBuZdH8q2ysyP4ND6dmspzLZb'

So what am I doing wrong here?

http://ift.tt/2ATxh7h