P2PKH
A common script type where the output can be spent by proving knowledge of the private key corresponding to a hashed public key.
P2PKH locks an output to the hash of a public key. To spend it, the spender provides a signature and the public key, which hashes to the expected value.
"Most legacy Bitcoin Cash addresses represent P2PKH outputs encoded in CashAddr format."
Related Terms
Address
→A public identifier used to receive cryptocurrency on a blockchain network.
Public Key
→A cryptographic identifier derived from a private key; used to verify signatures and derive addresses.
Hash
→A hash is a fixed-size output produced by a one-way function that maps any input to a seemingly random value, used for integrity, addressing, and proof-of-work.
Unspent Transaction Output (UTXO)
→A fundamental blockchain data structure representing unspent value that can be used in future transactions.
Transaction
→The fundamental unit of data exchange on a blockchain, representing transfers of cryptocurrency or executions of smart contracts.
All terms and definitions may update as the Cryptionary improves.
