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Multisig transactions standard for large M or N #40

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Multisig transactions standard for large M or N #40

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2 changes: 1 addition & 1 deletion bip-0016.mediawiki
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Expand Up @@ -29,7 +29,7 @@ This new transaction type is redeemed by a standard scriptSig:

...signatures... {serialized script}

Transactions that redeem these pay-to-script outpoints are only considered standard if the ''serialized script'' - also referred to as the ''redeemScript'' - is, itself, one of the other standard transaction types.
Transactions that redeem these pay-to-script outpoints are only considered standard if the ''serialized script'' - also referred to as the ''redeemScript'' - is, itself, one of the other standard transaction types. A special exception is made for M-of-N multisignature transactions: the limit of 3 on the number of pubkeys to redeem, i.e. on M and N, is lifted. See [[#520-byte limitation on serialized script size|the section below]] on limits imposed by maximum script size.

The rules for validating these outpoints when relaying transactions or considering them for inclusion in a new block are as follows:

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