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Protocol & scalingConsensus activationsDocumented

Pay-to-script-hash activates

Bitcoin activated BIP 16, allowing payments to a script hash rather than exposing the full spending conditions in advance.

THE RIDE EXHIBIT · DRAG TO LOOK AROUNDRide to this stop

P2SH made complex conditions such as multisignature wallets easier for senders to use. It shifted the burden of supplying the redeem script to the party spending the output.