Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only takes a minute to sign up.
Sign up to join this community
Anybody can ask a question
Anybody can answer
The best answers are voted up and rise to the top
Suppose i have a Bitcoin address for the first time and Alice sends me 1 Bitcoin using P2SH. As far as I know, Bitcoin browsers will scan the entire blockchain. In this case, my public key is not present in the network, it is only present in the locking script and it is hashed. So when i check my balance in Bitcoin browser, can i get a result?
P2SH Bitcoin addresses are just Base58Check encoded script hashes. A P2SH transaction output will mention this same script hash. So if we're just interested in the balance of the P2SH address, we just Base58Check decode the P2SH Bitcoin address to the script hash it encodes, and look for UTXOs that have that same script hash.
You don't need the script or any public keys until you're trying to spend.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments