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Shannon Appelcline 2020-07-21 09:05:36 -10:00 committed by GitHub
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10_1_Understanding_the_Foundation_of_P2SH.md
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@ -6,7 +6,7 @@ You know that Bitcoin Scripts can be used to control the redemption of UTXOs. Th
## Know the Bitcoin Standards ## Know the Bitcoin Standards
Here's the gotcha for using Bitcoin Scripts: for security reasons, most Bitcoin nodes will only accept five types of "standard" Bitcoin transactions. Here's the gotcha for using Bitcoin Scripts: for security reasons, most Bitcoin nodes will only accept six types of "standard" Bitcoin transactions.
* __Pay to Public Key (P2PK)__ — An older, deprecated transaction (`<pubKey> OP_CHECKSIG`) that has been replaced by the better security of P2PKH. * __Pay to Public Key (P2PK)__ — An older, deprecated transaction (`<pubKey> OP_CHECKSIG`) that has been replaced by the better security of P2PKH.
* __Pay to Public Key Hash (P2PKH)__ — A standard transaction (`OP_DUP OP_HASH160 <pubKeyHash> OP_EQUALVERIFY OP_CHECKSIG`) that pays to the hash of a public key. * __Pay to Public Key Hash (P2PKH)__ — A standard transaction (`OP_DUP OP_HASH160 <pubKeyHash> OP_EQUALVERIFY OP_CHECKSIG`) that pays to the hash of a public key.