@ -511,26 +511,16 @@ As you can see from the tables, with P2SH the complex script that details the co
Let's look at Mohammed's company, the complex multi-signature script, and the resulting P2SH scripts.
First, the multi-signature script that Mohammed's company uses for all incoming payments from customers:
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2 <Mohammed's Public Key> <Partner1 Public Key> <Partner2 Public Key>
<Partner3 Public Key> <Attorney Public Key> 5 OP_CHECKMULTISIG
2 <Mohammed's Public Key> <Partner1 Public Key> <Partner2 Public Key> <Partner3 Public Key> <Attorney Public Key> 5 OP_CHECKMULTISIG
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If the placeholders are replaced by actual public keys (shown here as 520-bit numbers starting with 04) you can see that this script becomes very long:
This entire script can instead be represented by a 20-byte cryptographic hash, by first applying the SHA256 hashing algorithm and then applying the RIPEMD160 algorithm on the result. The 20-byte hash of the preceding script is: