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judymcconville@roadrunner.com 2017-05-01 10:14:21 -07:00
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[[ch07_intro]]
=== Introduction
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.
((("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.
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?
* Why do some +CHECKSIG+ opcodes in this script have the +VERIFY+ suffix while others don't?((("", startref="Bscript07")))