Skip to content
Closed
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
2 changes: 1 addition & 1 deletion bip-0067.mediawiki
Original file line number Diff line number Diff line change
Expand Up @@ -17,7 +17,7 @@ This BIP describes a method to deterministically generate multi-signature pay-to

==Motivation==

Pay-to-script-hash (BIP-0011<ref>[https://github.com/bitcoin/bips/blob/master/bip-0011.mediawiki BIP-0011]</ref>) is a transaction type that allows funding of arbitrary scripts, where the recipient carries the cost of fee's associated with using longer, more complex scripts.
Pay-to-script-hash (BIP-0011<ref>[https://github.com/bitcoin/bips/blob/master/bip-0011.mediawiki BIP-0011]</ref>) is a transaction type that allows funding of arbitrary scripts, where the recipient carries the cost of fees associated with using longer, more complex scripts.

Multi-signature pay-to-script-hash transactions are defined in BIP-0016<ref>[https://github.com/bitcoin/bips/blob/master/bip-0016.mediawiki BIP-0016]</ref>. The redeem script does not require a particular ordering or encoding for public keys. This means that for a given set of keys and number of required signatures, there are as many as 2(n!) possible standard redeem scripts, each with its separate P2SH address. Adhering to an ordering and key encoding would ensure that a multi-signature “account” (set of public keys and required signature count) has a canonical P2SH address.

Expand Down