Legacy Sighash Algorithm

The legacy sighash algorithm was used to generate a hash value that is signed by an ECDSA signature. The input to the algorithm consists of a transaction and sighash flags.

Within the algorithm, it calls an serialisation algorithm that is used to serialise transaction, “CTransactionSignatureSerializer”. Depending on the sighash flags, different parts of the transaction will be modified before the transaction is fed to the serialisation algorithm. Contrary to the use of hashes in the new sighash algorithm, the modification is simply to remove strings or to replace strings with zeros or one in the transaction. Once serialised, the transaction is then fed to double SHA256 to produce a hash value for either ECDSA signature creation or verification.

The detail can be found at https://github.com/bitcoin-sv/bitcoin-sv/blob/master/src/script/interpreter.cpp by searching “CTransactionSignatureSerializer”


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Written by Ramon Quesada

Passionate about Blockchain & Bitcoin technology since 2013, Co- Founder of https://avalbit.org, Team Manager in the CoinTelegraph Spain franchise (2016-2017 years) Co. Organizer of the Blockchain Boot camp Valencia 2018, Co. Organizer of the mini Hackathon BitcoinSV Barcelona, in August 2019, current coordinator of the BSV Valencia Meetup. https://telegra.ph/Ramon-Quesada---Links-01-10

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