The scriptSig part is what the receiver uses to spend the money that they got from pay-to-public-key-hash. Because they're spending the money, at that point they'd be the new sender. The
Thank you very much. finally understand it.
Topic: Pay to public key hash (Read 465 times)
The scriptSig part is what the receiver uses to spend the money that they got from pay-to-public-key-hash. Because they're spending the money, at that point they'd be the new sender. The
Thank you very much. finally understand it.
next to bitcoin.org and the developpers section and Andreas' book "Mastering Bitcoin", this helped me alot to understand the underlying details:
http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html
http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html
I read the link. I am still not clear. In
scriptPubKey: OP_DUP OP_HASH160
scriptSig:
The scriptSig contains the
Then, how can the hash of sender
The scriptSig part is what the receiver uses to spend the money that they got from pay-to-public-key-hash. Because they're spending the money, at that point they'd be the new sender. The
Here's an example P2PKH transaction. It pays 0.00063664 BTC to my address with the script OP_DUP OP_HASH160 0507135dd0ec75f539b304d8641bf00372989b27 OP_EQUALVERIFY OP_CHECKSIG. Then, in the next transaction, I spend that 0.00063664 BTC, and you can see in the input script (scriptSig) that there is both a signature and the public key that hashes to 0507135dd0ec75f539b304d8641bf00372989b27, which is the pubKeyHash in the script of the other transaction where I was the receiver.
next to bitcoin.org and the developpers section and Andreas' book "Mastering Bitcoin", this helped me alot to understand the underlying details:
http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html
http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html
I read the link. I am still not clear. In
scriptPubKey: OP_DUP OP_HASH160
scriptSig:
The scriptSig contains the
Then, how can the hash of sender
next to bitcoin.org and the developpers section and Andreas' book "Mastering Bitcoin", this helped me alot to understand the underlying details:
http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html
http://www.righto.com/2014/02/bitcoins-hard-way-using-raw-bitcoin.html
In P2PKH, the public key
scriptPubKey: OP_DUP OP_HASH160 OP_EQUALVERIFY OP_CHECKSIG
scriptSig:
is the public key of the sender? the hash is from the sender public key?
scriptPubKey: OP_DUP OP_HASH160
scriptSig:
is the public key of the sender? the hash is from the sender public key?
No.
The hash is of the receiver's public key.
the signature is of the sender?
Yes. The sender generates the signature using their private key.
Notes:
The scriptPubKey is in the OUTPUT of the transaction and is used to encumber the bitcoin value with a requirement that can only be satisfied by the recipient when they later want to spend the output that they have received.
The scriptSig is in the INPUT of the transaction and is how the sender satisfies the requirements of the previously received outputs that they are spending in the new transaction.
In P2PKH, the public key
scriptPubKey: OP_DUP OP_HASH160 OP_EQUALVERIFY OP_CHECKSIG
scriptSig:
is the public key of the sender? the hash is from the sender public key? the signature is of the sender?
scriptPubKey: OP_DUP OP_HASH160
scriptSig:
is the public key of the sender? the hash is from the sender public key? the signature is of the sender?
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