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Edited ch06.asciidoc with Atlas code editor

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judymcconville@roadrunner.com 2017-04-30 18:08:04 -07:00
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@ -458,7 +458,7 @@ First, the unlocking script is executed, using the stack execution engine. If th
[[p2pkh]]
==== Pay-to-Public-Key-Hash (P2PKH)
((("transactions", "scripts and Script language", "-to-Public-Key-Hash")))The vast majority of transactions processed on the bitcoin network spend outputs locked with a Pay-to-Public-Key-Hash or "P2PKH" script. These outputs contain a locking script that locks the output to a public key hash, more commonly known as a bitcoin address. An output locked by a P2PKH script can be unlocked (spent) by presenting a public key and a digital signature created by the corresponding private key (see <<digital_sigs>>).
((("transactions", "scripts and Script language", "Pay-to-Public-Key-Hash")))((("Pay-to-Public-Key-Hash (P2PKH)")))The vast majority of transactions processed on the bitcoin network spend outputs locked with a Pay-to-Public-Key-Hash or "P2PKH" script. These outputs contain a locking script that locks the output to a public key hash, more commonly known as a bitcoin address. An output locked by a P2PKH script can be unlocked (spent) by presenting a public key and a digital signature created by the corresponding private key (see <<digital_sigs>>).
For example, let's look at Alice's payment to Bob's Cafe again. Alice made a payment of 0.015 bitcoin to the cafe's bitcoin address. That transaction output would have a locking script of the form: