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Reword description of transaction execution
I believe that the current description of transaction execution is not accurately describing how the stack machine works. (It's close but uses slightly misleading wording.) While data values are pushed when executed in the script, other opcodes are never pushed; they are simply executed. Wording improved per apoelstra's comments. Rebased-from: 54f01b2d0b2b2383fd0d9085a829b55d83f7cd67 Rebased-by: David A. Harding Closes #816
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@ -199,8 +199,8 @@ sections about stacks. These are programming terms. Also "above",
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"below", "top", and "bottom" are commonly used relative directions or
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locations in stack descriptions. -harding -->
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To test whether the transaction is valid, signature script and pubkey script arguments
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are pushed to the stack one item at a time, starting with Bob's signature script
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To test whether the transaction is valid, signature script and pubkey script operations
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are executed one item at a time, starting with Bob's signature script
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and continuing to the end of Alice's pubkey script. The figure below shows the
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evaluation of a standard P2PKH pubkey script; below the figure is a description
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of the process.
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@ -211,38 +211,37 @@ of the process.
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Because it's just data, nothing is done except adding it to the stack.
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The public key (also from the signature script) is pushed on top of the signature.
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* From Alice's pubkey script, the `OP_DUP` operation is pushed. `OP_DUP` replaces
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itself with a copy of the data from one level below it---in this
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* From Alice's pubkey script, the `OP_DUP` operation is executed. `OP_DUP` pushes onto the stack
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a copy of the data currently at the top of it---in this
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case creating a copy of the public key Bob provided.
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* The operation pushed next, `OP_HASH160`, replaces itself with a hash
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of the data from one level below it---in this case, Bob's public key.
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* The operation executed next, `OP_HASH160`, pushes onto the stack a hash
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of the data currently on top of it---in this case, Bob's public key.
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This creates a hash of Bob's public key.
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* Alice's pubkey script then pushes the pubkey hash that Bob gave her for the
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first transaction. At this point, there should be two copies of Bob's
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pubkey hash at the top of the stack.
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* Now it gets interesting: Alice's pubkey script adds `OP_EQUALVERIFY` to the
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stack. `OP_EQUALVERIFY` expands to `OP_EQUAL` and `OP_VERIFY` (not shown).
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* Now it gets interesting: Alice's pubkey script executes `OP_EQUALVERIFY`.
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`OP_EQUALVERIFY` is equivalent to executing `OP_EQUAL` followed by `OP_VERIFY` (not shown).
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`OP_EQUAL` (not shown) checks the two values below it; in this
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`OP_EQUAL` (not shown) checks the two values at the top of the stack; in this
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case, it checks whether the pubkey hash generated from the full
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public key Bob provided equals the pubkey hash Alice provided when
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she created transaction #1. `OP_EQUAL` then replaces itself and
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the two values it compared with the result of that comparison:
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she created transaction #1. `OP_EQUAL` pops (removes from the top of the stack)
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the two values it compared, and replaces them with the result of that comparison:
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zero (*false*) or one (*true*).
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`OP_VERIFY` (not shown) checks the value immediately below it. If
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the value is *false* it immediately terminates stack evaluation and
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the transaction validation fails. Otherwise it pops both itself and
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the *true* value off the stack.
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`OP_VERIFY` (not shown) checks the value at the top of the stack. If
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the value is *false* it immediately terminates evaluation and
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the transaction validation fails. Otherwise it pops the *true* value off the stack.
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* Finally, Alice's pubkey script pushes `OP_CHECKSIG`, which checks the
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* Finally, Alice's pubkey script executes `OP_CHECKSIG`, which checks the
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signature Bob provided against the now-authenticated public key he
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also provided. If the signature matches the public key and was
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generated using all of the data required to be signed, `OP_CHECKSIG`
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replaces itself with *true.*
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pushes the value *true* onto the top of the stack.
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If *false* is not at the top of the stack after the pubkey script has been
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evaluated, the transaction is valid (provided there are no other
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