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SQ
Stanford CS251: Lecture 15
['Ashish Bhatia']
ashishb.net
Bitcoin addresses are a 160-bit hash of the public key since the public key is unusually long (512-bit). 10% of Bitcoins are stored using P2SH scripts. Transaction cut-through allows cooperating parties to reduce their fees by eliminating intermediate transactions, A -> B -> C becomes A -> C. Sidechains are like lower courts while Bitcoin main chain is like supreme court of the settlement.