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judymcconville@roadrunner.com 2017-05-03 09:37:12 -07:00
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[[ch07_intro]]
=== Introduction
((("bitcoin", "scripting", id="Bscript07")))In the previous chapter, we introduced the basic elements of bitcoin transactions and looked at the most common type of transaction script, the Pay-to-Public-Key-Hash script. In this chapter we will look at more advanced scripting and how we can use it to build transactions with complex conditions.
In the previous chapter, we introduced the basic elements of bitcoin transactions and looked at the most common type of transaction script, the Pay-to-Public-Key-Hash script. In this chapter we will look at more advanced scripting and how we can use it to build transactions with complex conditions.
First, we will look at _multisignature_ scripts. Next we will examine the second most common transaction script, _Pay-to-Script-Hash_, which opens up a whole world of complex scripts. Then, we will examine new script operators that add a time-dimension to bitcoin, through _timelocks_.
@ -597,4 +597,4 @@ A few more things to consider when reading this example. See if you can find the
* How do the partners "reset" the clock every 29 or 89 days to prevent the lawyer from accessing the funds?
* Why do some +CHECKSIG+ opcodes in this script have the +VERIFY+ suffix while others don't?((("", startref="Bscript07")))((("", startref="Tadv07")))((("", startref="Scomplex07")))
* Why do some +CHECKSIG+ opcodes in this script have the +VERIFY+ suffix while others don't?((("", startref="Tadv07")))((("", startref="Scomplex07")))