BIP 0381

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  BIP: 381
  Layer: Applications
  Title: Non-Segwit Output Script Descriptors
  Author: Pieter Wuille <pieter@wuille.net>
          Andrew Chow <andrew@achow101.com>
  Comments-Summary: No comments yet.
  Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0381
  Status: Draft
  Type: Informational
  Created: 2021-06-27
  License: BSD-2-Clause

Abstract

This document specifies pk(), pkh(), and sh() output script descriptors. pk() descriptors take a key and produces a P2PK output script. pkh() descriptors take a key and produces a P2PKH output script. sh() descriptors take a script and produces a P2SH output script.

Copyright

This BIP is licensed under the BSD 2-clause license.

Motivation

Prior to the activation of Segregated Witness, there were 3 main standard output script formats: P2PK, P2PKH, and P2SH. These expressions allow specifying those formats as a descriptor.

Specification

Three new script expressions are defined: pk(), pkh(), and sh().

pk()

The pk(KEY) expression can be used in any context or level of a descriptor. It takes a single key expression as an argument and produces a P2PK output script. Depending on the higher level descriptors, there may be restrictions on the type of public keys that can be included. Such restrictions will be specified by those descriptors.

The output script produced is:

<KEY> OP_CHECKSIG

pkh()

The pkh(KEY) expression can be used as a top level expression, or inside of either a sh() or wsh() descriptor. It takes a single key expression as an argument and produces a P2PKH output script. Depending on the higher level descriptors, there may be restrictions on the type of public keys that can be included. Such restrictions will be specified by those descriptors.

The output script produced is:

OP_DUP OP_HASH160 <KEY_hash160> OP_EQUALVERIFY OP_CHECKSIG

sh()

The sh(SCRIPT) expression can only be used as a top level expression. It takes a single script expression as an argument and produces a P2SH output script. sh() expressions also create a redeemScript which is required in order to spend outputs which use its output script. This redeemScript is the output script produced by the SCRIPT argument to sh().

The output script produced is:

OP_HASH160 <SCRIPT_hash160> OP_EQUAL

Test Vectors

TBD

Backwards Compatibility

pk(), pkh(), and sh() descriptors use the format and general operation specified in 380. As these are a wholly new descriptors, they are not compatible with any implementation. However the scripts produced are standard scripts so existing software are likely to be familiar with them.

Reference Implementation

pk(), pkh(), and sh() descriptors have been implemented in Bitcoin Core since version 0.17.