1

This question is a continuation of the my post yesterday.

Today I have a question on P2SH execution so, an example of the script should be this

OP_0 <A Signature> <B Signature> OP_2 <Public key A> <Public key B> 
<Public key C> OP_3 OP_CHECKMULTISIG
OP_HASH160 <ScriptSig Hash> OP_EQUAL

or if used the P2SH key should be is this (I think in this script left-hand something to convert the hash160 inside the P2SH key, right?)

OP_0 <A Signature> <B Signature> OP_2 <Public key A> <Public key B> 
<Public key C> OP_3 OP_CHECKMULTISIG
OP_HASH160 <P2SH key> OP_EQUAL

Now if I have understood well the simulation of the execution is divided into two phases

  1. The hash scriptSig is equal to hash inside the scriptPubKey

Simulation

  • Put on the scriptSig on the stack, so the stack now is <A sig> <B sig> <A pubkey> <B pubkey> <C pubkey>
  • Calculate the hash160 with the data inside the stack, so now the stack status is <scriptSig hash>
  • Put on the scriptSig hash expected, now the stack status is <hash scriptsig> <hash scriptsigexpected>
  • return the result of the operator OP_EQUAL (true or false)

  1. the scriptSig will execute such as the script multi-signature

Simulation

  • put on the stack the scriptSig, the stack status is <A Signature> <B Signature>
  • push the public keys, that stack status is <A Signature> <B Signature> <Public key A> <Public key B> <Public key C>
  • apply the OP_CHECKMULTISIG operator and get the result

My questions are:

  • With the P2SH key, the execution is the same? if not, what is the form of the P2SH with the P2SH key?

Also, I read this post but I don't think contains this answer.

If my example script is wrong, I'm sorry to give me a corrections

1 Answer 1

1

Let's go over this step by step. Suppose say you want to lock some bitcoins in a 2-of-3 multi-sig.

Locking steps

  1. Create a multi-sig script: OP_2 <pub_key 1> <pub_key2> <pub_key3> OP_3 OP_CHECKMULTISIG.
  2. Hash the multi-sig script with HASH160 which gives you multi-sig_scripthash.
  3. Base58Check the multi-sig_scripthash with version 0x05 giving you an address starting with 3....
  4. The scriptPubKey will be OP_HASH160 <multi-sig_scripthash> OP_EQUAL.

Unlocking Steps

  1. Your stack will start at <signatures><redeemScript>. The signature is OP_0 <sig_A> <sig_B> and redeemScript is OP_2 <pub_key 1> <pub_key2> <pub_key3> OP_3 OP_CHECKMULTISIG.

  2. Since v0.3.7, Bitcoin Core executes the unlocking script first and looks at the resulting stack. So your <signatures> and <redeemScript> are evaluated together first. This would result in a multi-signature evaluation.

  3. In normal cases the above step should just return 1 as signatures satisfy the redeemScript. But with P2SH there is a caveat added by BIP-16. Whenever you have a OP_HASH160 <hash> OP_EQUAL locking script, it serves as a P2SH identifier. So before the evaluation of <signatures> with <redeemScript> the redeemScript is copied from the stack to another one. Then the evaluation is done with what is on stack (<signatures><redeemScript> in our case). If successful, replace the current stack with the just redeemScript. Hence, instead of 1 you have <redeemScript> at the top of the stack.

  4. You run OP_HASH160 on the redeemScript. Stack is now <hash160_of_redeemScript>

  5. You push <expectedredeemScripthash>. Stack is now <hash160_of_redeemScript><expectedredeemScripthash>

  6. You run OP_EQUAL resulting in evaluation and returning 1 to the top of the stack.

6
  • Thanks for your answer, I have a question, exist some operator inside bitcoin script for calculate the Base58Check? Sep 18, 2019 at 8:16
  • @vincenzopalazzo Base58check encoding is for human readability. It is for humans to distinguish whether the address generated/being sent to is P2PKH or P2SH. It does not have any meaning inside the software.
    – Ugam Kamat
    Sep 18, 2019 at 8:58
  • My fault, I have jump this note "Note: If you just insert the address starting with 3, the software will automatically calculate the scriptPubKey as above." Sep 18, 2019 at 9:31
  • 1
    @vincenzopalazzo What I meant was, as a user you just enter an address starting with 3. The wallet software then transitions it to the scriptPubKey.
    – Ugam Kamat
    Sep 18, 2019 at 9:37
  • 1
    @vincenzopalazzo as further clarification, addresses are not sent over the wire nor stored in the blockchain. Addresses are only for human readability. So when a user enters an address starting with 3.., the wallet software decodes the base58check, extracts the redeem_script_hash and uses OP_HASH160 <redeem_scripthash> OP_EQUAL as the scriptPubKey. If your address began with 1, the wallet software will use OP_DUP OP_HASH160 <redeem_scripthash> OP_EQUALVERIFY OP_CHECKSIG as scriptPubKey.
    – Ugam Kamat
    Sep 18, 2019 at 9:46

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.