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3.5 Transferring Ownership​

3.5.1 With a Data Signature​

  1. Retrieve the recipient's public key.
  2. Compute the HASH of the recipient's public key.
  3. Use the sender's account private key for signing.
  4. Either the party covering the fees or the sender signs the transaction with their private key.

3.5.2 Without a Data Signature​

  1. Retrieve the recipient's public key.
  2. Output the transaction to the recipient's public key script or its HASH.
  3. Configure the recipient's HASH data as 0x00 to economize on transaction space.
  4. The sender uses their private key to execute the transaction signing.