Bitcoin Script

Bitcoin Script and Split Transactions Using OP Codes

  1. Bitcoin Script Development & Debugging Tools
  2. Blockchain Analysis Tools That Parse Bitcoin Script
  3. Libraries and Frameworks to Work with Bitcoin Script
  4. Real-World Use Cases of Bitcoin Script in Transaction Splitting

Split Transactions with Script Techniques:

OP_CHECKMULTISIG Split control of funds between multiple OTC participants (e.g., 2-of-3 multi-sig)

OP_RETURN Embed metadata in split payments or mark specific flows in chain analysis (note: OP_RETURN outputs are unspendable)

OP_IF / OP_ELSE / OP_ENDIF Conditional transfers for contracts, HTLCs, or escrow agreements

OP_CHECKLOCKTIMEVERIFY / OP_CHECKSEQUENCEVERIFY Create time-locked splits for delayed payment or trustless escrow

Example Scenarios

  • An OTC desk building a 2-of-3 multisig escrow for high-value BTC trades
  • A developer designing split payouts to two parties using script branches
  • A compliance team reviewing OP_RETURN uses for flagging or tagging transactions
  • An analyst identifying patterns of non-standard scripts used in CoinJoin or laundering