Kairav ThakkarforOn-chain Intelligenceonchainintelligence.hashnode.dev·May 8, 2023Bitcoin Ordinals: NFTs on OG CryptoIf you're interested in cryptocurrencies, you've probably heard about Bitcoin, the world's first and most valuable cryptocurrency. Since its creation in 2009, Bitcoin has gained massive popularity and has become a household name. It has attracted muc...Discuss·38 readsBitcoin
Anthony Ugwusha378.hashnode.dev·Jan 30, 2023Programmable MoneyA fundamental feature of the Bitcoin network is the ability to transfer value (bitcoin) between participants in the network. Throughout history, the human species has always exchanged value in one way or another but what the Bitcoin network offers us...Discuss·20 likes·217 readsBitcoin
lumungemindweb.hashnode.dev·Aug 26, 2022Pay-to-Public-Key-Hash Script in Bitcoin.In this article, we learn about the Pay-to-Public-Key-Hash script, the most commonly used locking script for the majority of transactions processed on the bitcoin network. Bitcoin script is a stack-based turing-incomplete programming language used by...Discuss·42 readsBitcoin
lumungemindweb.hashnode.dev·Aug 26, 2022Introduction to Bitcoin Transaction Scripts.Bitcoin uses a scripting language to implement transactions on the blockchain. A script is a stack-based simple list of instructions that are recorded with each transaction describing how the recipient of bitcoins can access the coins. Bitcoin script...Discuss·29 readsBitcoin
lumungemindweb.hashnode.dev·Aug 25, 2022Flow-Control in Bitcoin Script.We learned in previous articles, that the Bitcoin blockchain uses script, a scripting language used to add programmability of transactions and money in general on the blockchain. The script is a stack-based simple list of instructions that are record...Discuss·38 readsBitcoin Script
lumungemindweb.hashnode.dev·Aug 25, 2022Locking and Unlocking Scripts in Bitcoin.In Bitcoin, Transaction scripts are used to infinite loops and secure the network from attacks such as DDoS attacks by limiting the scope of execution. These scripts are made intentionally made turing complete as a security feature. On the other hand...Discuss·26 readsBitcoin