Bitcoin: How is tapscript different than P2PKH using opcodes from a developer perspective?

TAPSCRIPT VS P2PKH: the perspective of a developer on the ordinal blockchain

As a developer, it is essential to understand how several blockchain networks work, in particular when it comes to creating and using transactions. Two popular alternatives to Bitcoin are Taproot (previously Tapscript) and P2Pkh, which both allow the creation of custom transactions with unique characteristics. In this article, we will deepen the differences between TAPSCRIPT and P2PKH from the developer’s point of view, focusing on how the ordinals work in each system.

Ordinal: the foundation of TAPROOT

Ordinals are a new way of representing data on the Bitcoin network, introduced by the Lightning Network team (LN). They were designed to simplify the creation of personalized transactions and improve the overall user experience. The ordinals use a unique format that combines the benefits of both numerical and alphabetical representations.

To illustrate how the ordinals work, we consider an example: a simple transaction as “buys 2 coffee” can be represented using an ordinal as follows:

3ab4d

In this example, each letter represents a specific value (in this case, two units), while the numbers represent further details. This allows an effective memory and transmission of complex data without the need for complex mathematical operations.

TAPROOT: a more efficient approach

TAPROOT is an implementation of the TAPSCRIPT protocol, which allows developers to create personalized transactions with arbitrary data. TAPROOT uses a more efficient approach than P2PKH by exploiting cryptographic techniques to optimize the creation and verification of transactions.

In Taproot, the tx script, also known as transaction script, contains a list of operational codes that define the structure of the transaction. Each optcode is associated with a specific value, which represents the corresponding data in the transaction. OPDODE ordinals' allows developers to specify additional values ​​for each operating code, allowing complex transactions with personalized data.

In P2Pkh (Hypergraph of the private key key), private keys are used to check the signatures of the transactions. The scriptTX ‘in P2PKH is generally represented using a combination of numbers and letters, similar to the example of taproot above.

However, unlike TaProot, P2Pkh transactions are often based on hardcoded values ​​for each operating code, which can lead to complexity and inefficiencies. For example:

`Hex

0A010101010101010101 // Transaction Id

0B1000000000000000000 // Public key of the sender

0C11111111111111111 // PUBLIC key of the receiver

`

Thetxin taproot script is designed to be more efficient than p2pkh using a compact representation of transactions. The Opodeordinals’ code allows developers to create complex transactions with personalized data, making the development and distribution of applications on the Lightning network easier.

While P2Pkh provides basic transactions verification capacity, the ordinal taproot approach offers significant improvements in terms of safety, efficiency and productivity of developers.

Conclusion

In conclusion, TaProot and P2Pkh are two distinct approaches for the creation of personalized transactions on the Bitcoin network. While P2Pkh is based on coded values ​​for each operating code, TaProot uses an Opdode `Ordinals’ to allow developers to create complex transactions with personalized data. As a developer, understanding how these systems work can help you develop more efficient and safe applications on the lightning network.

By choosing the right approach for your use case, it is possible to unlock new possibilities for the creation of innovative applications that exploit the advantages of Taproot and Ordinals.

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Categorised in: CRYPTOCURRENCY

This post was written by Munna