SIGHASH flags

Revision as of 15:13, 12 December 2019 by Owen Vaughan (talk | contribs)

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 flags that can be added to a digital signature in a transaction.

Flag Value Functional Meaning
SIGHASH_ALL 0x00000001 Sign all inputs and outputs
SIGHASH_NONE 0x00000002 Sign all inputs and no output
SIGHASH_SINGLE 0x00000003 Sign all inputs and the output with the same index
SIGHASH_ALL | ANYONECANPAY 0x00000081 Sign its own input and all outputs
SIGHASH_NONE | ANYONECANPAY 0x00000082 Sign its own input and no output
SIGHASH_SINGLE | ANYONECANPAY 0x00000083 Sign its own input and the output with the same index


The table below illustrates what is signed and what is not signed in a more granulated detail by an ECDSA siganture in the Input 1 in a transaction.

ALL NONE SINGLE ALL | ANYONECANPAY NONE | ANYONECANPAY SINGLE | ANYONECANPAY
Version Yes Yes Yes Yes Yes Yes
Locktime Yes Yes Yes Yes Yes Yes
Input 1 outpoint Yes Yes Yes Yes Yes Yes
Input 1 scriptSig No No No No No No
Input 1 sequence number Yes Yes Yes Yes Yes Yes
Input 2 outpoint Yes Yes Yes No No No
Input 2 scriptSig No No No No No No
Input 2 sequence number Yes Yes Yes No No No
Output 1 Yes No Yes Yes No Yes
Output 2 Yes No No Yes No No

Note that the version number and locktime are always signed, and the scriptSigs are never signed.


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 keep 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 any miner to add their desired outputs to the transaction to claim the fund 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