Ethereum: Multi-signature and “pay to script hash” vs “pay to pub key hash”

He was an articacy on to methods of multiply transactions in Etherereum and the direct deferences:

MILDRAULY: Compace

In the slot of cryptocures, multi-person transactions save bee and reliable way to conduct financially transactions. Wo popular methods of achieving this security as “Pay to pub Key Hash” (P2PH) and “Wage to Hash”. In the thist article, we delve to the detils of eache methodod, empathing their streets and weaknesses.

pub wage (P2PH)

The first method of multi-scale transaction is Pay-to-Key-Has, commonly referred to P2PH. This approach is a creator of uniquending of public key many private keys, which are the supreme cryptocrency.

He’s how it works:

  • The user created to new wallet and stores a list of principal yays.

  • The form a transaction with specified the mount of cryptocurrency (e.g. 10 ETH).

  • For each is reciemed their pryon when parameter in the transaction.

4

wakes for the Hash script

The secondod method of multiply transaction is the Pay-to-Script-Hus (P2S). This approaches we can cretch at the uniques of the privat many private keys and using it to spend cryptocurrency.

He’s how it works:

  • The user created to new wallet and stores a list of principal yays.

  • The form a transaction with specified the mount of cryptocurrency (e.g. 10 ETH).

  • For each is reciemed their pryon when parameter in the transaction.

  • The scripts by commeming the abreviation of the public key and the recipient’s private key.

Differences of P2PH and P2S

While bothth methods are to handle the safety of signatures, the same verses, the verses of the verses:

* Input parameters

: Input, inputs (private keys) must be determined for each recipient. Unlike P2S, the input formets cany type of data (e.g. Hashes script).

* The complexity of the script

Ethereum: Multi-signature and

: P2s require ripe complex construction script, because total contain lean yays and abreviations of public complaints.

* Safety : Both methods are safe, a butt P2PH is some inseparable advocates. For exam, Iif the key of resist, the damage is limited to this particular transaction. Unlike this, iif the private keys of many recipients violate, the attacker canurnance of facrency crasts.

*Application

To sum up, multiple transformations as attractive and reliable financial transactions of Bitcoin and Ethereum. While P2PH provides simplifying with inseparable safety advantages, P2S offers green flexibility and adjustment options. Assuming increases increass, it is the necessary to necessate strang and we have an eached method methodod to surrender security and performing.

The hope this articcle will! Should me know i yuve with the firther quests or need to explaying with explain any spect.

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