BitcoinTalk Forum 2 messages
Transactions and Scripts: DUP HASH160 ... EQUALVERIFY CHECKSIG
Satoshi explains the nature of Bitcoin's script system, describing it as a predicate that evaluates to true or false, enabling various transaction types.
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Satoshi explains the nature of Bitcoin's script system, describing it as a predicate that evaluates to true or false, enabling various transaction types.
Introduced Taproot, the most significant Bitcoin protocol upgrade since SegWit. By combining Schnorr signatures (BIP 340) with Merkelized Abstract Syntax Trees (MAST), Taproot makes complex spending conditions as private and efficient as simple payments, while enabling more sophisticated smart contracts.