Inscriptions in Bitcoin Scripts

It’s kind of like writing out step-by-step directions for your friend on how to make a cake from scratch you give them all the ingredients and tools they need, but it’s up to them to follow the recipe exactly as written.

In Bitcoin scripts, there are two main types: P2PKH (Pay to PubKey Hash) and P2SH (Pay to Script Hash). The first one is pretty straightforward you just send your coins to a specific address that corresponds to your public key hash. But with the second type, things get a little more interesting.

P2SH scripts allow for more complex conditions to be met before someone can clgoal those sweet, sweet bitcoins. For example, let’s say you want to create a script that requires two out of three signatures from multiple parties in order to release the funds. Here’s what it might look like:


// This script creates a P2SH script that requires two out of three signatures from multiple parties in order to release the funds.

// First, we start with the public key hash of the first party.
OP_HASH160 <pubkey hash 1> 

// Then, we verify that the public key hash matches the one provided.
OP_EQUALVERIFY 

// Next, we check if the script condition is met.
OP_IF 

// If the condition is not met, we execute the alternative script.
OP_ELSE <alternative script> 

// After the condition is checked, we end the script.
OP_ENDIF 

// We then drop two items from the stack.
OP_2DROP 

// Finally, we multiply three items on the stack.
OP_3MUL

In this example, we’re using a few different opcodes (short for “operations”) to create our custom script. The first line is just setting up the hash of the public key that will be used as one of the signatures. Then we have an `OP_EQUALVERIFY` which checks if the hash matches what was expected, and an `OP_CHECKSIG` which verifies that the signature is valid for that specific address.

Next comes a conditional statement using `OP_IF`, followed by our script condition (which could be anything from “greater than” to “less than or equal to”). If this condition is true, we execute the alternative script using `OP_ELSE`. Otherwise, we skip over it and move on.

Finally, we have a couple of stack manipulation opcodes that allow us to drop two items (`OP_2DROP`) from the top of our stack, or multiply three items together (`OP_3MUL`). These are just examples there are many other opcodes available for use in Bitcoin scripts.

So basically, P2SH scripts give you a lot more flexibility when it comes to creating custom conditions and requirements for your transactions. It’s like having your own personal baker who can whip up any kind of cake recipe you want!

SICORPS