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dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips:bip_0013 [2021/08/13 12:59] murphy |
dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips:bip_0013 [2021/08/13 16:07] (current) murphy |
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| : //This BIP describes a new type of Bitcoin address to support arbitrarily complex transactions. Complexity in this context is defined as what information is needed by the recipient to respend the received [[dido:public:ra:xapend:xapend.a_glossary:c:coins|coins]], in contrast to needing a single ECDSA [[dido:public:ra:xapend:xapend.a_glossary:p:private_key|private key]] as in current implementations of Bitcoin.// | : //This BIP describes a new type of Bitcoin address to support arbitrarily complex transactions. Complexity in this context is defined as what information is needed by the recipient to respend the received [[dido:public:ra:xapend:xapend.a_glossary:c:coins|coins]], in contrast to needing a single ECDSA [[dido:public:ra:xapend:xapend.a_glossary:p:private_key|private key]] as in current implementations of Bitcoin.// | ||
| - | : //In essence, an address encoded under this proposal represents the encoded hash of a script, rather than the encoded hash of an ECDSA public key.// | + | : //In essence, an address encoded under this proposal represents the encoded hash of a script, rather than the encoded hash of an ECDSA [[dido:public:ra:xapend:xapend.a_glossary:p:public_key|public key]].// |
| === Motivation === | === Motivation === | ||
| : //Enable "end-to-end" secure wallets and payments to fund escrow transactions or other complex transactions. Enable third-party [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin_wallet|wallet]] security services.// | : //Enable "end-to-end" secure wallets and payments to fund escrow transactions or other complex transactions. Enable third-party [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin_wallet|wallet]] security services.// | ||