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Update ch07.asciidoc
refactored text to create sizeable tip box; fixed typos
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@ -177,11 +177,11 @@ If the redeem script hash matches, the unlocking script is executed on its own,
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<Sig1> <Sig2> 2 PK1 PK2 PK3 PK4 PK5 5 CHECKMULTISIG
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----
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Almost all the scripts described in this chapter can only be implemented as P2SH scripts. For example, a 2 of 5 standard multisignature locking script cannot be used directly in the locking script of an UTXO, as +IsStandard()+ would invalidate the transaction. To conform, a P2SH locking script can be used instead, as seen above. A transaction that then includes a P2SH unlocking script can be used to redeem this UTXO and will be valid so long as it does not contain more than 15 public keys. ((("", startref="mohamseven")))
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[TIP]
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====
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Remember, because of policy set forth by the +IsStandard()+ function at the time of this writing, standard multisignature scripts are limited to at most 3 listed public keys, while P2SH are limited to at most 15 public keys. Standard multisignature scripts can invalidate transactions by way of their locking +or+ unlocking script, while P2SH can invalidate transactions by way of their unlocking script +only+. This is because there is no way for +IsStandard()+ to tell if a hash of a redeem script in a locking script includes more signatures than the currenetly imposed size limitation, so it can only observe the unlocking scripts in transaction inputs.
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Almost all the scripts described in this chapter can only be implemented as P2SH scripts. For example, a 2 of 5 standard multisignature locking script cannot be used directly in the locking script of an UTXO, as +IsStandard()+ would invalidate the transaction. To conform, a P2SH locking script can be used instead, as seen above. A transaction that then includes a P2SH unlocking script can be used to redeem this UTXO and will be valid so long as it does not contain more than 15 public keys. ((("", startref="mohamseven")))
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Remember, because of policy set forth by the +IsStandard()+ function at the time of this writing, standard multisignature scripts are limited to at most 3 listed public keys, while P2SH are limited to at most 15 listed public keys. Standard multisignature scripts can invalidate transactions by way of their locking +or+ unlocking script, while P2SH can invalidate transactions by way of their unlocking script +only+. This is because there is no way for +IsStandard()+ to tell if a hash of a redeem script in a locking script includes more signatures than the currently imposed size limitation, so it can only observe the unlocking scripts in transaction inputs.
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====
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==== P2SH Addresses
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