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Update 8_1_Understanding_the_Foundation_of_P2SH.md

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Shannon Appelcline 2017-06-01 10:18:43 -07:00 committed by GitHub
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8_1_Understanding_the_Foundation_of_P2SH.md
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@ -83,7 +83,7 @@ When a UTXO is redeemed, it runs in two rounds of verification:
3. Second, the redeemScript is run using the prior data that was pushed on the stack. 3. Second, the redeemScript is run using the prior data that was pushed on the stack.
4. If that second round of verification _also_ succeeds, the UTXO is unlocked. 4. If that second round of verification _also_ succeeds, the UTXO is unlocked.
Whereas you can't easily create a P2SH transaction without an API, you should be able to easily redeem a P2SH transaction with `bitcoin-cli`. In fact, you already have. The exact process is described in [§8.6: Spending a P2SH Transaction.md](8_6_Spending_a_P2SH_Transaction.md), after we've finished with all the intricacies of P2SH transaction creation. Whereas you can't easily create a P2SH transaction without an API, you should be able to easily redeem a P2SH transaction with `bitcoin-cli`. In fact, you already have. The exact process is described in [§8.5: Spending a P2SH Transaction.md](8_5_Spending_a_P2SH_Transaction.md), after we've finished with all the intricacies of P2SH transaction creation.
> **WARNING:** You can create a perfectly valid transaction with a hashed redeemScript, but if the redeemScript doesn't run, or doesn't run correctly, your funds are lost forever. So, test, test, test the script! > **WARNING:** You can create a perfectly valid transaction with a hashed redeemScript, but if the redeemScript doesn't run, or doesn't run correctly, your funds are lost forever. So, test, test, test the script!