What are some examples of bitcoin opcodes and their functions?

3 answers

• Nov 24, 2021 · 3 years ago
  Sure! Bitcoin opcodes are essentially instructions that are embedded in bitcoin transactions. They allow users to perform various operations on the bitcoin network. For example, the OP_CHECKSIG opcode is used to verify digital signatures, while the OP_RETURN opcode is used to store data on the blockchain. These opcodes play a crucial role in enabling smart contracts and other advanced features on the bitcoin network.
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• Nov 24, 2021 · 3 years ago
  Bitcoin opcodes are like the building blocks of the bitcoin network. They provide the necessary tools for executing different operations within a transaction. Some common opcodes include OP_DUP, which duplicates the top stack item, and OP_EQUALVERIFY, which compares the top two stack items and returns true if they are equal. These opcodes are used in various bitcoin scripts to define the conditions under which a transaction can be spent.
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• Nov 24, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, has a comprehensive guide on bitcoin opcodes and their functions. According to their guide, some examples of bitcoin opcodes include OP_CHECKMULTISIG, which is used for multi-signature transactions, and OP_HASH160, which calculates the RIPEMD-160 hash of the top stack item. These opcodes enable more complex transaction types and enhance the functionality of the bitcoin network.
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