What SIGHASH flags are used when constructing a CoinJoin transaction?
asked Oct 2, 2015 at 19:45
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1 Answer
I initially found this confusing because I assumed the interface to CoinJoin a little less synchronized than it is. CoinJoin requires each participant to first specify a UTXO and a public key to pay out to.
Someone then constructs a partially complete transaction which makes use of those UTXOs and pays out to the public keys specified by the participants -- this transaction is "partially complete" because it doesn't yet have signatures which unencumber the UTXOs. Each participant then signs their input with SIGHASH_ALL, which prevents outputs from being manipulated after the fact.
