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dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips:bip_0016 [2020/05/07 15:35] nick ↷ Page moved from dido:public:apdx.stds:defact:bitcoin:bips:bip_0016 to dido:public:xapend.stds:defact:bitcoin:bips:bip_0016 |
dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips:bip_0016 [2021/08/18 11:03] (current) murphy |
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| - | ======== BIP 0016 - Pay to Script Hash (soft fork) ======== | + | ==== BIP 0016 - Pay to Script Hash (soft fork) ==== |
| - | [[dido:public:apdx.stds:defact:bitcoin| return to the Bitcoin Standards ]] | + | [[dido:public:ra:xapend:xapend.b_stds:defact:bitcoin:bips| return to the Bitcoin Improvement Proposals ]] |
| <table> | <table> | ||
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| | Comments-Summary | No comments yet. | | | Comments-Summary | No comments yet. | | ||
| | Comments-URI | [[https://github.com/bitcoin/bips/wiki/Comments:BIP-0016]] | | | Comments-URI | [[https://github.com/bitcoin/bips/wiki/Comments:BIP-0016]] | | ||
| - | | Staus | Final | | + | | Status | Final | |
| | Type | Standards Track | | | Type | Standards Track | | ||
| | Created | 2012-01-03 | | | Created | 2012-01-03 | | ||
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| </table> | </table> | ||
| - | : **Note**: The following is an excerpt from the official Bitcoin site. It is provided here as a connivence and is not authoritative. Refer to the original document(s) as the authoritative reference. | + | : **Note**: The following is an excerpt from the official [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|Bitcoin]] site. It is provided here as a convenience and is not authoritative. Refer to the original document(s) as the authoritative reference. |
| - | ====== Abstract ====== | + | === Abstract === |
| - | : //This BIP describes a new "standard" transaction type for the Bitcoin scripting system, and defines additional validation rules that apply only to the new transactions.// | + | : //This BIP describes a new "standard" transaction type for the Bitcoin scripting system, and defines additional [[dido:public:ra:xapend:xapend.a_glossary:v:validation|validation]] rules that apply only to the new transactions.// |
| - | ====== Motivation ====== | + | === Motivation === |
| : //The purpose of pay-to-script-hash is to move the responsibility for supplying the conditions to redeem a transaction from the sender of the funds to the redeemer.// | : //The purpose of pay-to-script-hash is to move the responsibility for supplying the conditions to redeem a transaction from the sender of the funds to the redeemer.// | ||
| : //The benefit is allowing a sender to fund any arbitrary transaction, no matter how complicated, using a fixed-length 20-byte hash that is short enough to scan from a QR code or easily copied and pasted.// | : //The benefit is allowing a sender to fund any arbitrary transaction, no matter how complicated, using a fixed-length 20-byte hash that is short enough to scan from a QR code or easily copied and pasted.// | ||
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