Skip to content
Merged
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
4 changes: 2 additions & 2 deletions bip-0013.mediawiki
Original file line number Diff line number Diff line change
Expand Up @@ -14,15 +14,15 @@

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 coins, in contrast to needing a single ECDSA 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 [https://en.bitcoin.it/wiki/Script script], rather than the encoded hash of an ECDSA public key.

==Motivation==

Enable "end-to-end" secure wallets and payments to fund escrow transactions or other complex transactions. Enable third-party wallet security services.

==Specification==

The new bitcoin address type is constructed in the same manner as existing bitcoin addresses (see [[Base58Check encoding]]):
The new bitcoin address type is constructed in the same manner as existing bitcoin addresses (see [https://en.bitcoin.it/Base58Check_encoding Base58Check encoding]):

base58-encode: [one-byte version][20-byte hash][4-byte checksum]

Expand Down