PaytoWitnessScriptHash
PaytoWitnessScriptHash, often abbreviated as P2WSH, is a type of Bitcoin script that provides enhanced security and efficiency for on-chain transactions. It is part of the Segregated Witness (SegWit) upgrade, a soft fork that was activated on the Bitcoin network in 2017.
P2WSH transactions allow users to spend Bitcoin by providing a cryptographic hash of the unlocking script
The primary benefits of P2WSH include reduced transaction sizes. By committing only the hash, the data required
Furthermore, P2WSH contributes to improved security. Since the unlocking script is not directly included in the
To spend funds locked in a P2WSH address, a user must provide the original script and the