BitcoinIntermediate
Pay to public key hash
A Bitcoin output type that requires a signature and public key matching a committed public-key hash.
PLAIN-ENGLISH DEFINITION
In more detail
P2PKH is a legacy spending template commonly associated with Bitcoin addresses beginning with 1 on mainnet. The address identifies the destination; a later spend must provide the evidence required by the output script.
IN THE WILD
How you might use it
An older wallet receives BTC at a mainnet address beginning with 1 and later signs a P2PKH spend.
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