Difference between revisions of "SIGHASH flags"
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− | A SIGHASH flag is used to indicate which part of the transaction is signed by the [[Digital | + | A SIGHASH [[flag]] is used to indicate which part of the transaction is signed by the [[Elliptic Curve Digital Signature Algorithm| ECDSA signature]]. The mechanism provides a flexibility in constructing transactions. There are in total 6 different flag combinations that can be added to a digital signature in a transaction. Note that different inputs can use different SIGHASH flags enabling complex compositions of spending conditions. |
+ | |||
+ | '''NOTE: Currently all BitcoinSV transactions require an additional SIGHASH flag called SIGHASH_FORKID which is 0x40''' | ||
{| class="wikitable" | {| class="wikitable" | ||
|- | |- | ||
! Flag | ! Flag | ||
− | ! Value | + | ! Value including SIGHASH_FORKID </br> HEX / BINARY |
+ | ! Value excluding SIGHASH_FORKID </br> HEX / BINARY | ||
! Functional Meaning | ! Functional Meaning | ||
|- | |- | ||
| SIGHASH_ALL | | SIGHASH_ALL | ||
− | | | + | | style="text-align: center;" | 0x41 / 0100 0001 |
+ | | style="text-align: center;" | 0x01 / 0000 0001 | ||
| Sign all inputs and outputs | | Sign all inputs and outputs | ||
|- | |- | ||
| SIGHASH_NONE | | SIGHASH_NONE | ||
− | | | + | | style="text-align: center;" | 0x42 / 0100 0010 |
+ | | style="text-align: center;" | 0x02 / 0000 0010 | ||
| Sign all inputs and no output | | Sign all inputs and no output | ||
|- | |- | ||
| SIGHASH_SINGLE | | SIGHASH_SINGLE | ||
− | | | + | | style="text-align: center;" | 0x43 / 0100 0011 |
+ | | style="text-align: center;" | 0x03 / 0000 0011 | ||
| Sign all inputs and the output with the same index | | Sign all inputs and the output with the same index | ||
|- | |- | ||
| SIGHASH_ALL <nowiki>|</nowiki> ANYONECANPAY | | SIGHASH_ALL <nowiki>|</nowiki> ANYONECANPAY | ||
− | | | + | | style="text-align: center;" | 0xC1 / 1100 0001 |
+ | | style="text-align: center;" | 0x81 / 1000 0001 | ||
| Sign its own input and all outputs | | Sign its own input and all outputs | ||
|- | |- | ||
| SIGHASH_NONE <nowiki>|</nowiki> ANYONECANPAY | | SIGHASH_NONE <nowiki>|</nowiki> ANYONECANPAY | ||
− | | | + | | style="text-align: center;" | 0xC2 / 1100 0010 |
+ | | style="text-align: center;" | 0x82 / 1000 0010 | ||
| Sign its own input and no output | | Sign its own input and no output | ||
|- | |- | ||
| SIGHASH_SINGLE <nowiki>|</nowiki> ANYONECANPAY | | SIGHASH_SINGLE <nowiki>|</nowiki> ANYONECANPAY | ||
− | | | + | | style="text-align: center;" | 0xC3 / 1100 0011 |
+ | | style="text-align: center;" | 0x83 / 1000 0011 | ||
| Sign its own input and the output with the same index | | Sign its own input and the output with the same index | ||
|} | |} | ||
Line 37: | Line 46: | ||
==Items that are ''always'' signed== | ==Items that are ''always'' signed== | ||
− | The signature on any input always signs the TXID and VOUT that comprise the Outpoint being spent. | + | The signature on any input always signs the [[TXID]] and [[VOUT]] that comprise the Outpoint being spent as well as the [[Version|version]] of the protocol that the transaction is being evaluated under and the [[nLocktime|locktime]] being applied to the transaction. |
{| class="wikitable" style="text-align: center;" | {| class="wikitable" style="text-align: center;" | ||
Line 64: | Line 73: | ||
|[ChecksigP2] | |[ChecksigP2] | ||
|- | |- | ||
− | | | + | |style="font-style: bold;"|... |
− | | | + | |style="font-style: bold;"|... |
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
|- style="height: 7em;" | |- style="height: 7em;" | ||
|style="font-style: italic;"|Outpoint N | |style="font-style: italic;"|Outpoint N | ||
|.....Sig PN, Tx..... | |.....Sig PN, Tx..... | ||
+ | |XN BSV | ||
+ | |[ChecksigPm] | ||
+ | |} | ||
+ | |||
+ | ==Items that are ''never'' signed== | ||
+ | |||
+ | Unlocking scripts are ''never'' signed | ||
+ | |||
+ | {| class="wikitable" style="text-align: center;" | ||
+ | |colspan="4" style="font-style: italic; width: 600px;"|TxID | ||
+ | |- | ||
+ | |colspan="4"|Version | ||
+ | |- | ||
+ | |colspan="4"|Locktime | ||
+ | |- | ||
+ | |colspan="2" style="width: 50%;"|Inputs | ||
+ | |colspan="2" style="width: 50%;"|Outputs | ||
+ | |- | ||
+ | | | ||
+ | |style="font-style: italic;"|Unlocking Script | ||
+ | | | ||
+ | |style="font-style: italic;"|Locking Script | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint A | ||
+ | |style="background: #f5b7b1;"|.....Sig Pa, Tx..... | ||
+ | |Xa BSV | ||
+ | |[ChecksigP1] | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint B | ||
+ | |style="background: #f5b7b1;"|.....Sig Pb, Tx..... | ||
+ | |Xb BSV | ||
+ | |[ChecksigP2] | ||
+ | |- | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold; background: #f5b7b1;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint N | ||
+ | |style="background: #f5b7b1;"|.....Sig PN, Tx..... | ||
|XN BSV | |XN BSV | ||
|[ChecksigPm] | |[ChecksigPm] | ||
Line 74: | Line 125: | ||
==SIGHASH_ALL== | ==SIGHASH_ALL== | ||
+ | |||
+ | SIGHASH_ALL signs all inputs and outputs used to build the transaction. Once an input signed with SIGHASH_ALL is added to a transaction, the transaction's details cannot be changed without that signature being invalidated. | ||
{| class="wikitable" style="text-align: center;" | {| class="wikitable" style="text-align: center;" | ||
Line 100: | Line 153: | ||
|style="background-color:#abebc6"|[ChecksigP2] | |style="background-color:#abebc6"|[ChecksigP2] | ||
|- | |- | ||
− | | | + | |style="font-style: bold; background-color:#abebc6;"|... |
− | | | + | |style="font-style: bold;"|... |
+ | |style="font-style: bold; background-color:#abebc6;"|... | ||
+ | |style="font-style: bold; background-color:#abebc6;"|... | ||
|- style="height: 7em;" | |- style="height: 7em;" | ||
|style="background-color:#abebc6; font-style: italic;"|Outpoint N | |style="background-color:#abebc6; font-style: italic;"|Outpoint N | ||
Line 109: | Line 164: | ||
|} | |} | ||
+ | ==SIGHASH_SINGLE== | ||
+ | |||
+ | SIGHASH_SINGLE signs all inputs and the output that shares the same index as the input being signed. If that output or any inputs are changed that signature becomes invalidated. | ||
+ | |||
+ | {| class="wikitable" style="text-align: center;" | ||
+ | |colspan="4" style="font-style: italic; width: 600px;"|TxID | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Version | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Locktime | ||
+ | |- | ||
+ | |colspan="2" style="width: 50%;"|Inputs | ||
+ | |colspan="2" style="width: 50%;"|Outputs | ||
+ | |- | ||
+ | | | ||
+ | |style="font-style: italic;"|Unlocking Script | ||
+ | | | ||
+ | |style="font-style: italic;"|Locking Script | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6; font-style: italic;"|Outpoint A | ||
+ | |.....Sig Pa, Tx..... | ||
+ | |style="background-color:#abebc6;"|Xa BSV | ||
+ | |style="background-color:#abebc6;"|[ChecksigP1] | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6;font-style: italic;"|Outpoint B | ||
+ | |.....Sig Pb, Tx..... | ||
+ | |Xb BSV | ||
+ | |[ChecksigP2] | ||
+ | |- | ||
+ | |style="font-style: bold; background-color:#abebc6;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6; font-style: italic;"|Outpoint N | ||
+ | |.....Sig PN, Tx..... | ||
+ | |XN BSV | ||
+ | |[ChecksigPm] | ||
+ | |} | ||
+ | |||
+ | ==SIGHASH_NONE== | ||
+ | |||
+ | SIGHASH_NONE signs all inputs and no outputs. Any output can be changed without invalidating the signature however if any inputs are changed that signature becomes invalidated. | ||
+ | |||
+ | {| class="wikitable" style="text-align: center;" | ||
+ | |colspan="4" style="font-style: italic; width: 600px;"|TxID | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Version | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Locktime | ||
+ | |- | ||
+ | |colspan="2" style="width: 50%;"|Inputs | ||
+ | |colspan="2" style="width: 50%;"|Outputs | ||
+ | |- | ||
+ | | | ||
+ | |style="font-style: italic;"|Unlocking Script | ||
+ | | | ||
+ | |style="font-style: italic;"|Locking Script | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6; font-style: italic;"|Outpoint A | ||
+ | |.....Sig Pa, Tx..... | ||
+ | |Xa BSV | ||
+ | |[ChecksigP1] | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6;font-style: italic;"|Outpoint B | ||
+ | |.....Sig Pb, Tx..... | ||
+ | |Xb BSV | ||
+ | |[ChecksigP2] | ||
+ | |- | ||
+ | |style="font-style: bold; background-color:#abebc6;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6; font-style: italic;"|Outpoint N | ||
+ | |.....Sig PN, Tx..... | ||
+ | |XN BSV | ||
+ | |[ChecksigPm] | ||
+ | |} | ||
+ | |||
+ | ==SIGHASH_ALL|ANYONECANPAY== | ||
+ | |||
+ | `Once an input signed with SIGHASH_ALL|ANYONECANPAY is added to a transaction outputs cannot be changed or added without that signature being invalidated. | ||
+ | |||
+ | {| class="wikitable" style="text-align: center;" | ||
+ | |colspan="4" style="font-style: italic; width: 600px;"|TxID | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Version | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Locktime | ||
+ | |- | ||
+ | |colspan="2" style="width: 50%;"|Inputs | ||
+ | |colspan="2" style="width: 50%;"|Outputs | ||
+ | |- | ||
+ | | | ||
+ | |style="font-style: italic;"|Unlocking Script | ||
+ | | | ||
+ | |style="font-style: italic;"|Locking Script | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6; font-style: italic;"|Outpoint A | ||
+ | |.....Sig Pa, Tx..... | ||
+ | |style="background-color:#abebc6;"|Xa BSV | ||
+ | |style="background-color:#abebc6;"|[ChecksigP1] | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint B | ||
+ | |.....Sig Pb, Tx..... | ||
+ | |style="background-color:#abebc6"|Xb BSV | ||
+ | |style="background-color:#abebc6"|[ChecksigP2] | ||
+ | |- | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold; background-color:#abebc6;"|... | ||
+ | |style="font-style: bold; background-color:#abebc6;"|... | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint N | ||
+ | |.....Sig PN, Tx..... | ||
+ | |style="background-color:#abebc6"|XN BSV | ||
+ | |style="background-color:#abebc6"|[ChecksigPm] | ||
+ | |} | ||
+ | |||
+ | ==SIGHASH_SINGLE|ANYONECANPAY== | ||
− | + | SIGHASH_SINGLE|ANYONECANPAY signs the input being signed and the output that shares the same index. If that output is changed that signature becomes invalidated. | |
+ | |||
+ | {| class="wikitable" style="text-align: center;" | ||
+ | |colspan="4" style="font-style: italic; width: 600px;"|TxID | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Version | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Locktime | ||
+ | |- | ||
+ | |colspan="2" style="width: 50%;"|Inputs | ||
+ | |colspan="2" style="width: 50%;"|Outputs | ||
+ | |- | ||
+ | | | ||
+ | |style="font-style: italic;"|Unlocking Script | ||
+ | | | ||
+ | |style="font-style: italic;"|Locking Script | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6; font-style: italic;"|Outpoint A | ||
+ | |.....Sig Pa, Tx..... | ||
+ | |style="background-color:#abebc6;"|Xa BSV | ||
+ | |style="background-color:#abebc6;"|[ChecksigP1] | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint B | ||
+ | |.....Sig Pb, Tx..... | ||
+ | |Xb BSV | ||
+ | |[ChecksigP2] | ||
+ | |- | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint N | ||
+ | |.....Sig PN, Tx..... | ||
+ | |XN BSV | ||
+ | |[ChecksigPm] | ||
+ | |} | ||
+ | ==SIGHASH_NONE|ANYONECANPAY== | ||
− | + | SIGHASH_NONE|ANYONECANPAY signs a single inputs and no outputs. This type of signature can be used to easily assign funds to a person or smart-contract without creating an on-chain action. | |
− | + | {| class="wikitable" style="text-align: center;" | |
+ | |colspan="4" style="font-style: italic; width: 600px;"|TxID | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Version | ||
+ | |- | ||
+ | |colspan="4" style="background: #abebc6;"|Locktime | ||
+ | |- | ||
+ | |colspan="2" style="width: 50%;"|Inputs | ||
+ | |colspan="2" style="width: 50%;"|Outputs | ||
+ | |- | ||
+ | | | ||
+ | |style="font-style: italic;"|Unlocking Script | ||
+ | | | ||
+ | |style="font-style: italic;"|Locking Script | ||
+ | |- style="height: 7em;" | ||
+ | |style="background-color:#abebc6; font-style: italic;"|Outpoint A | ||
+ | |.....Sig Pa, Tx..... | ||
+ | |Xa BSV | ||
+ | |[ChecksigP1] | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint B | ||
+ | |.....Sig Pb, Tx..... | ||
+ | |Xb BSV | ||
+ | |[ChecksigP2] | ||
+ | |- | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |style="font-style: bold;"|... | ||
+ | |- style="height: 7em;" | ||
+ | |style="font-style: italic;"|Outpoint N | ||
+ | |.....Sig PN, Tx..... | ||
+ | |XN BSV | ||
+ | |[ChecksigPm] | ||
+ | |} | ||
+ | |||
+ | ==Use cases== | ||
+ | SIGHASH flags are useful when constructing smart contracts and negotiable transactions in payment channels. | ||
− | Use Case | + | ===Use Case 1 - Crowdfunding=== |
+ | Using ALL <nowiki>|</nowiki> ANYONECANPAY allows a transaction to have a fixed output or fixed outputs while keeping the input list open. That is, anyone can add their input with their signature to the transaction without invalidating all existing signatures. | ||
− | |||
+ | ===Use Case 2 - Blank Check=== | ||
+ | Using NONE allows anyone to add their desired outputs to the transaction to claim the funds in the input. | ||
− | |||
+ | ===Use Case 3 - Modular Transaction=== | ||
Using SINGLE <nowiki>|</nowiki> ANYONECANPAY modularises a transaction. Any number of these transactions can be combined into one transaction. | Using SINGLE <nowiki>|</nowiki> ANYONECANPAY modularises a transaction. Any number of these transactions can be combined into one transaction. | ||
==References== | ==References== | ||
https://github.com/bitcoin-sv/bitcoin-sv/blob/master/src/script/sighashtype.h | https://github.com/bitcoin-sv/bitcoin-sv/blob/master/src/script/sighashtype.h |
Latest revision as of 05:42, 21 April 2022
A SIGHASH flag is used to indicate which part of the transaction is signed by the ECDSA signature. The mechanism provides a flexibility in constructing transactions. There are in total 6 different flag combinations that can be added to a digital signature in a transaction. Note that different inputs can use different SIGHASH flags enabling complex compositions of spending conditions.
NOTE: Currently all BitcoinSV transactions require an additional SIGHASH flag called SIGHASH_FORKID which is 0x40
Flag | Value including SIGHASH_FORKID HEX / BINARY |
Value excluding SIGHASH_FORKID HEX / BINARY |
Functional Meaning |
---|---|---|---|
SIGHASH_ALL | 0x41 / 0100 0001 | 0x01 / 0000 0001 | Sign all inputs and outputs |
SIGHASH_NONE | 0x42 / 0100 0010 | 0x02 / 0000 0010 | Sign all inputs and no output |
SIGHASH_SINGLE | 0x43 / 0100 0011 | 0x03 / 0000 0011 | Sign all inputs and the output with the same index |
SIGHASH_ALL | ANYONECANPAY | 0xC1 / 1100 0001 | 0x81 / 1000 0001 | Sign its own input and all outputs |
SIGHASH_NONE | ANYONECANPAY | 0xC2 / 1100 0010 | 0x82 / 1000 0010 | Sign its own input and no output |
SIGHASH_SINGLE | ANYONECANPAY | 0xC3 / 1100 0011 | 0x83 / 1000 0011 | Sign its own input and the output with the same index |
The tables below illustrate what is signed and what is not signed in an ECDSA siganture depending on the SIGHASH type used.
Items that are always signed
The signature on any input always signs the TXID and VOUT that comprise the Outpoint being spent as well as the version of the protocol that the transaction is being evaluated under and the locktime being applied to the transaction.
TxID | |||
Version | |||
Locktime | |||
Inputs | Outputs | ||
Unlocking Script | Locking Script | ||
Outpoint A | .....Sig Pa, Tx..... | Xa BSV | [ChecksigP1] |
Outpoint B | .....Sig Pb, Tx..... | Xb BSV | [ChecksigP2] |
... | ... | ... | ... |
Outpoint N | .....Sig PN, Tx..... | XN BSV | [ChecksigPm] |
Items that are never signed
Unlocking scripts are never signed
TxID | |||
Version | |||
Locktime | |||
Inputs | Outputs | ||
Unlocking Script | Locking Script | ||
Outpoint A | .....Sig Pa, Tx..... | Xa BSV | [ChecksigP1] |
Outpoint B | .....Sig Pb, Tx..... | Xb BSV | [ChecksigP2] |
... | ... | ... | ... |
Outpoint N | .....Sig PN, Tx..... | XN BSV | [ChecksigPm] |
SIGHASH_ALL
SIGHASH_ALL signs all inputs and outputs used to build the transaction. Once an input signed with SIGHASH_ALL is added to a transaction, the transaction's details cannot be changed without that signature being invalidated.
TxID | |||
Version | |||
Locktime | |||
Inputs | Outputs | ||
Unlocking Script | Locking Script | ||
Outpoint A | .....Sig Pa, Tx..... | Xa BSV | [ChecksigP1] |
Outpoint B | .....Sig Pb, Tx..... | Xb BSV | [ChecksigP2] |
... | ... | ... | ... |
Outpoint N | .....Sig PN, Tx..... | XN BSV | [ChecksigPm] |
SIGHASH_SINGLE
SIGHASH_SINGLE signs all inputs and the output that shares the same index as the input being signed. If that output or any inputs are changed that signature becomes invalidated.
TxID | |||
Version | |||
Locktime | |||
Inputs | Outputs | ||
Unlocking Script | Locking Script | ||
Outpoint A | .....Sig Pa, Tx..... | Xa BSV | [ChecksigP1] |
Outpoint B | .....Sig Pb, Tx..... | Xb BSV | [ChecksigP2] |
... | ... | ... | ... |
Outpoint N | .....Sig PN, Tx..... | XN BSV | [ChecksigPm] |
SIGHASH_NONE
SIGHASH_NONE signs all inputs and no outputs. Any output can be changed without invalidating the signature however if any inputs are changed that signature becomes invalidated.
TxID | |||
Version | |||
Locktime | |||
Inputs | Outputs | ||
Unlocking Script | Locking Script | ||
Outpoint A | .....Sig Pa, Tx..... | Xa BSV | [ChecksigP1] |
Outpoint B | .....Sig Pb, Tx..... | Xb BSV | [ChecksigP2] |
... | ... | ... | ... |
Outpoint N | .....Sig PN, Tx..... | XN BSV | [ChecksigPm] |
SIGHASH_ALL|ANYONECANPAY
`Once an input signed with SIGHASH_ALL|ANYONECANPAY is added to a transaction outputs cannot be changed or added without that signature being invalidated.
TxID | |||
Version | |||
Locktime | |||
Inputs | Outputs | ||
Unlocking Script | Locking Script | ||
Outpoint A | .....Sig Pa, Tx..... | Xa BSV | [ChecksigP1] |
Outpoint B | .....Sig Pb, Tx..... | Xb BSV | [ChecksigP2] |
... | ... | ... | ... |
Outpoint N | .....Sig PN, Tx..... | XN BSV | [ChecksigPm] |
SIGHASH_SINGLE|ANYONECANPAY
SIGHASH_SINGLE|ANYONECANPAY signs the input being signed and the output that shares the same index. If that output is changed that signature becomes invalidated.
TxID | |||
Version | |||
Locktime | |||
Inputs | Outputs | ||
Unlocking Script | Locking Script | ||
Outpoint A | .....Sig Pa, Tx..... | Xa BSV | [ChecksigP1] |
Outpoint B | .....Sig Pb, Tx..... | Xb BSV | [ChecksigP2] |
... | ... | ... | ... |
Outpoint N | .....Sig PN, Tx..... | XN BSV | [ChecksigPm] |
SIGHASH_NONE|ANYONECANPAY
SIGHASH_NONE|ANYONECANPAY signs a single inputs and no outputs. This type of signature can be used to easily assign funds to a person or smart-contract without creating an on-chain action.
TxID | |||
Version | |||
Locktime | |||
Inputs | Outputs | ||
Unlocking Script | Locking Script | ||
Outpoint A | .....Sig Pa, Tx..... | Xa BSV | [ChecksigP1] |
Outpoint B | .....Sig Pb, Tx..... | Xb BSV | [ChecksigP2] |
... | ... | ... | ... |
Outpoint N | .....Sig PN, Tx..... | XN BSV | [ChecksigPm] |
Use cases
SIGHASH flags are useful when constructing smart contracts and negotiable transactions in payment channels.
Use Case 1 - Crowdfunding
Using ALL | ANYONECANPAY allows a transaction to have a fixed output or fixed outputs while keeping the input list open. That is, anyone can add their input with their signature to the transaction without invalidating all existing signatures.
Use Case 2 - Blank Check
Using NONE allows anyone to add their desired outputs to the transaction to claim the funds in the input.
Use Case 3 - Modular Transaction
Using SINGLE | ANYONECANPAY modularises a transaction. Any number of these transactions can be combined into one transaction.
References
https://github.com/bitcoin-sv/bitcoin-sv/blob/master/src/script/sighashtype.h