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Merge pull request #113 from billygarrison/patch-1

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Fix typos
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Shannon Appelcline 2020-01-22 08:13:46 -10:00 committed by GitHub
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08_1_Understanding_the_Foundation_of_P2SH.md
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@ -2,7 +2,7 @@
> **NOTE:** This is a draft in progress, so that I can get some feedback from early reviewers. It is not yet ready for learning. > **NOTE:** This is a draft in progress, so that I can get some feedback from early reviewers. It is not yet ready for learning.
You know that Bitcoin Scripts can be used to control the redemption of UTXOs. The next step is creating Scripts of your own ... but that requires a very specific techniques. You know that Bitcoin Scripts can be used to control the redemption of UTXOs. The next step is creating Scripts of your own ... but that requires a very specific technique.
## Know the Bitcoin Standards ## Know the Bitcoin Standards
@ -38,7 +38,7 @@ The locking script is quite simple looking: `OP_HASH160 babf9063cee8ab6e9334f95f
_What is a redeemScript?_ Each P2SH transaction carries the fingerprint of a hidden locking script within it as a 20-byte hash. When a P2SH transaction is redeemed, the full (unhashed) `redeemScript` is included as part of the `scriptSig`. Bitcoin will make sure the `redeemScript` matches the hash; then it actually runs the `redeemScript` to see if the funds can be spent (or not). _What is a redeemScript?_ Each P2SH transaction carries the fingerprint of a hidden locking script within it as a 20-byte hash. When a P2SH transaction is redeemed, the full (unhashed) `redeemScript` is included as part of the `scriptSig`. Bitcoin will make sure the `redeemScript` matches the hash; then it actually runs the `redeemScript` to see if the funds can be spent (or not).
One of the interesting elements of P2SH transactions is that neither the sender nor the Blockchain actually knows what the `redeemScript` is! A sender just sends to a standardized P2SH addressesd marked with a "2" prefix and they don't worry about how the recipient is going to retrieve the funds at the end. One of the interesting elements of P2SH transactions is that neither the sender nor the Blockchain actually knows what the `redeemScript` is! A sender just sends to a standardized P2SH address marked with a "2" prefix and they don't worry about how the recipient is going to retrieve the funds at the end.
> **TESTNET vs MAINNET:** Reminder: on testnet, the prefix for P2SH addresses is `2`, while on mainnet, it's `3`. > **TESTNET vs MAINNET:** Reminder: on testnet, the prefix for P2SH addresses is `2`, while on mainnet, it's `3`.