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myarbrough@oreilly.com 2014-11-18 08:07:18 -08:00
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@ -557,9 +557,9 @@ If the redeem script hash matches, the unlocking script is executed on its own,
P2SH addresses hide all of the complexity, so that the person making a payment does not see the script.
===== Benefits of Pay-to-Script-Hash
===== Benefits of pay-to-script-hash
((("Pay-to-Script-Hash (P2SH)","benefits of")))The Pay-to-Script-Hash feature offers the following benefits compared to the direct use of complex scripts in locking outputs:
((("Pay-to-script-hash (P2SH)","benefits of")))The pay-to-script-hash feature offers the following benefits compared to the direct use of complex scripts in locking outputs:
* Complex scripts are replaced by shorter fingerprints in the transaction output, making the transaction smaller.
* Scripts can be coded as an address, so the sender and the sender's wallet don't need complex engineering to implement P2SH.