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This is a P2SH script (pay to script hash), defined in BIP 16. The scriptPubKey itself is very uninteresting: it takes an element from the scriptSig, hashes it with OP_HASH160, and then compares it with 0b49fe...f1. In other words, ostensibly the only thing needed in order to spend is knowing some piece of data whose hash is 0b49fe....f1. Now, BIP 16 changed ...

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