From a483951c98a7c95fbaaa90043b8c5e16608e3062 Mon Sep 17 00:00:00 2001 From: Shannon Appelcline Date: Thu, 2 Jul 2020 13:09:54 -1000 Subject: [PATCH] updated for new chapter structure --- 06_0_Expanding_Bitcoin_Transactions_Multisigs.md | 14 ++++---------- 1 file changed, 4 insertions(+), 10 deletions(-) diff --git a/06_0_Expanding_Bitcoin_Transactions_Multisigs.md b/06_0_Expanding_Bitcoin_Transactions_Multisigs.md index 59fc82c..10896d6 100644 --- a/06_0_Expanding_Bitcoin_Transactions_Multisigs.md +++ b/06_0_Expanding_Bitcoin_Transactions_Multisigs.md @@ -1,27 +1,21 @@ -# Chapter Six: Expanding Bitcoin Transactions +# Chapter Six: Expanding Bitcoin Transactions with Multisigs. -Basic bitcoin transactions: (1) send funds; (2) to a single P2PKH or SegWit recipient; (3) immediately. However, all three parts of this definition can be expanded using more complex Bitcoin transactions, which can alternatively send data, which can send to a group of recipients, or which can send at a later time. These three options represent further empowerment of Bitcoin and also the furthest boundaries of what you can do with the basic `bitcoin-cli` command. +Basic bitcoin transactions: (1) send funds; (2) to a single P2PKH or SegWit recipient; (3) from a single machine; (4) immediately. However, all four parts of this definition can be expanded using more complex Bitcoin transactions. This first chapter on "Expansion" shows how to vary points (2) and (3), by sending money to an address that represents multiple recipients (or at least, multiple signers). ## Objectives for This Section After working through this chapter, a developer will be able to: - * Create Multisignature Bitcoin Addresses - * Create Transactions with Locktimes - * Create Transactions with Data + * Create Multisignature Bitcoin Addresses Using Bitcoin Fundamentals + * Create Multisignature Bitcoin Addresses Using Easiser Mechanisms Supporting objectives include the ability to: * Understand How to Spend Funds Sent to a Multisignature * Plan for the Power of Multisignatures - * Understand the Different Sorts of Timelocks - * Plan for the Power of Locktime - * Plan for the Power of OP_RETURN ## Table of Contents * [Section One: Sending a Transaction with a Multsig](06_1_Sending_a_Transaction_to_a_Multisig.md) * [Section Two: Spending a Transaction with a Multsig](06_2_Spending_a_Transaction_to_a_Multisig.md) * [Section Three: Sending & Spending an Automated Multisig](06_3_Sending_an_Automated_Multisig.md) - * [Section Four: Sending a Transaction with a Locktime](06_4_Sending_a_Transaction_with_a_Locktime.md) - * [Section Five: Sending a Transaction with Data](06_5_Sending_a_Transaction_with_Data.md)