You are planning trip to South America and and are worried about your devices with private keys being stolen. So you decide to s

Question

4 years ago

9

You are planning trip to South America and and are worried about your devices with private keys being stolen. So you decide to s

tore your bitcoins in an address that allows you to redeem them using only a password that you know. So, you send some bitcoins to the following ScriptPubKey:OP_SHA1 <0x5baa61e4c9b93f3f0682250b6cf8331b7ee68fd8> OP_EQUALWhere <0x5baa61e4c9b93f3f0682250b6cf8331b7ee68fd8> is the SHA1 hash of your super-secure password.Which of the following ScriptSigs will successfully redeem this transaction?a. b. c. d.

Computers and Technology

1 answer:

scZoUnD [109] · Answer 1 · 2021-12-03T19:52:44+03:00

Incomplete question. Here's the remaining part of the question.

a. <sig> <pubKey>

b. <password>

c. <sig> <password>

d. <pubKey> <password>

Answer:

<u>a</u>

Explanation:

Remember, Bitcoin also has its script code which is called ScriptPubkey.

To redeem a transaction implies using the script

<sig> <pubKey>

for the receiving Bitcoin address.

Put simply, the purpose of this script is to lock (redeem) the transaction using the public key (bitcoin address).