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Fix formatting
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{{bip}}
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<pre>
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BIP: 13
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Title: Address Format for pay-to-script-hash
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Type: Standards Track
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Created: 18-10-2011
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</pre>
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==Abstract==
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This BIP describes a new type of Bitcoin address to support arbitrarily complex transactions. Complexity in this context is defined as what information is needed by the recipient to respend the received coins, in contrast to needing a single ECDSA private key as in current implementations of Bitcoin.
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==Rationale==
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One criticism is that bitcoin addresses should be deprecated in favor of a more user-friendly mechanism for payments, and that this will just encourage continued use of a poorly designed mechanism.
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One criticism is that bitcoin addresses should be deprecated in favor of a more user-friendly mechanism for payments, and that this will just encourage continued use of a poorly designed mechanism.
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Another criticism is that bitcoin addresses are inherently insecure because there is no identity information tied to them; if you only have a bitcoin address, how can you be certain that you're paying who or what you think you're paying?
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@@ -52,9 +51,6 @@ See base58.cpp1/base58.h at https://github.com/bitcoin/bitcoin/src
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==See Also==
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* [[BIP 0012|BIP 12: OP_EVAL, the original P2SH design]]
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* [[BIP 0016|BIP 16: Pay to Script Hash (aka "/P2SH/")]]
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* [[BIP 0017|BIP 17: OP_CHECKHASHVERIFY, another P2SH design]]
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[[Category:BIP|D]]
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[[Category:Security]]
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* [[bip-0012.mediawiki|BIP 12: OP_EVAL, the original P2SH design]]
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* [[bip-0016.mediawiki|BIP 16: Pay to Script Hash (aka "/P2SH/")]]
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* [[bip-0017.mediawiki|BIP 17: OP_CHECKHASHVERIFY, another P2SH design]]
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