Ride & Smile on Nostr: Script Basics The Bitcoin ledger consists of a large, dynamic set of Unspent ...
Script Basics
https://opcodeexplained.com/script/script_basics.htmlThe Bitcoin ledger consists of a large, dynamic set of Unspent Transaction Outputs (UTXOs) monitored by a world-wide network of nodes. Control of these outputs is dictated by private keys, which can cryptographically sign transactions. A signature proves the ownership of a private key without revealing it to the network. Valid signatures result in the reassignment of UTXOs to other owners, a process also known as "spending".
The language through which the network participants communicate is simply called Script or Bitcoin Script. Script is unlike modern programming languages–it most closely resembles a stack-oriented language from the late 1960's called Forth. Satoshi chose this style for its simplicity and minimal storage requirements.
Some other important properties of Script:
Turing incomplete – this prevents loop-based denial-of-service attacks on the network
Stateless – any valid construction contains all necessary information for network participants to validate it
https://stacker.news/items/987318Published at
2025-05-23 12:06:26Event JSON
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"content": "Script Basics\nhttps://opcodeexplained.com/script/script_basics.html\n\nThe Bitcoin ledger consists of a large, dynamic set of Unspent Transaction Outputs (UTXOs) monitored by a world-wide network of nodes. Control of these outputs is dictated by private keys, which can cryptographically sign transactions. A signature proves the ownership of a private key without revealing it to the network. Valid signatures result in the reassignment of UTXOs to other owners, a process also known as \"spending\".\n\nThe language through which the network participants communicate is simply called Script or Bitcoin Script. Script is unlike modern programming languages–it most closely resembles a stack-oriented language from the late 1960's called Forth. Satoshi chose this style for its simplicity and minimal storage requirements.\n\nSome other important properties of Script:\n\nTuring incomplete – this prevents loop-based denial-of-service attacks on the network\n\nStateless – any valid construction contains all necessary information for network participants to validate it\n\nhttps://stacker.news/items/987318",
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