Bitcoin Lesson | Script

Published on June 13, 2022

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A simple yet full explanation of how the Script language in Bitcoin works.

Includes examples of the most commonly used locking scripts (and unlocking scripts), with animations showing how they are run to unlock bitcoins for spending.

00:38 – Introduction (Catch-up)
06:38 – Basics
↳ 13:52 – Running
↳ 18:02 – Pay To Pubkey (P2PK)
↳ 19:41 – Pay To Pubkey Hash (P2PKH)
↳ 26:45 – Pay To Multisig (P2MS)
↳ 34:32 – Pay To Script Hash (P2SH)
↳ 42:21 – Null Data
45:31 – Non-Standard Scripts
53:37 – Technical Details / Decoding Transaction Data
58:08 – Summary

1:01:33 – Code, Examples, References

  • https://github.com/in3rsha/learnmeabitcoin-code/blob/master/scriptdecoder.rb
  • http://learnmeabitcoin.com/glossary/script

  • https://en.bitcoin.it/wiki/Script

  • https://github.com/siminchen/bitcoinIDE

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Bitcoin Script

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We utilize Bitcoin a reasonable amount also, but were not able to find anyplace that we might convert it for pizza. I envision this will alter as it increases in popularity.

There are different options out there to choose from. You want definitely want to purchase a sorter and counter for your coins. If you only get a sorter, it will definitely put all the cents together and all the pounds together, but it will not tell you how much cash you have in total.

I understand what you are believing” but these are only bullion coins” or “they are no longer legal tender”. True, however have you ever became aware of ISO 4217? No.didn’t think you had. Well ISO 4217 is the INTERNATIONAL REQUIREMENT which defines currency codes.

Try Cryptocurrency to get your foreign currency before you go.Take the quantity of money to be exchanged out of your wallet or handbag prior to you go into the exchange if you do need to exchange money whilst on holiday. A bulging wallet is an invitation to any would be thieves.

Notably, no new significant mine supply is anticipated in the near term. In Litecoin basic, it takes more than a years to acquire, finance,develop and staff a mine and commence production. Thus, the supply/demand imbalance is expected to continue – and is most likely to increase for many years to come.

The best volume of foreign money transactions go through throughout London time, followed by New York after which Tokyo hours. London time subsequently is the centre of the foreign cash offering and purchasing universe.

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