diff --git a/txscript/data/script_tests.json b/txscript/data/script_tests.json
index 0ad02040..92685800 100644
--- a/txscript/data/script_tests.json
+++ b/txscript/data/script_tests.json
@@ -1492,6 +1492,20 @@
     "OK",
     "BIP66 example 4, with DERSIG, non-null DER-compliant signature"
 ],
+[
+    "0",
+    "0x21 0x038282263212c609d9ea2a6e3e172de238d8c39cabd5ac1ca10646e23fd5f51508 CHECKSIG NOT",
+    "DERSIG,NULLFAIL",
+    "OK",
+    "BIP66 example 4, with DERSIG and NULLFAIL"
+],
+[
+    "0x09 0x300602010102010101",
+    "0x21 0x038282263212c609d9ea2a6e3e172de238d8c39cabd5ac1ca10646e23fd5f51508 CHECKSIG NOT",
+    "DERSIG,NULLFAIL",
+    "NULLFAIL",
+    "BIP66 example 4, with DERSIG and NULLFAIL, non-null DER-compliant signature"
+],
 [
     "1",
     "0x21 0x038282263212c609d9ea2a6e3e172de238d8c39cabd5ac1ca10646e23fd5f51508 CHECKSIG",
@@ -1844,5 +1858,15 @@
 ["4294967296", "CHECKSEQUENCEVERIFY", "CHECKSEQUENCEVERIFY", "UNSATISFIED_LOCKTIME",
   "CSV fails if stack top bit 1 << 31 is not set, and tx version < 2"],
 
+["NULLFAIL should cover all signatures and signatures only"],
+["0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0", "0x01 0x14 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0x01 0x14 CHECKMULTISIG NOT", "DERSIG", "OK", "BIP66 and NULLFAIL-compliant"],
+["0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0", "0x01 0x14 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0x01 0x14 CHECKMULTISIG NOT", "DERSIG,NULLFAIL", "OK", "BIP66 and NULLFAIL-compliant"],
+["1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0", "0x01 0x14 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0x01 0x14 CHECKMULTISIG NOT", "DERSIG,NULLFAIL", "OK", "BIP66 and NULLFAIL-compliant, not NULLDUMMY-compliant"],
+["1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0", "0x01 0x14 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0x01 0x14 CHECKMULTISIG NOT", "DERSIG,NULLFAIL,NULLDUMMY", "SIG_NULLDUMMY", "BIP66 and NULLFAIL-compliant, not NULLDUMMY-compliant"],
+["0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0x09 0x300602010102010101", "0x01 0x14 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0x01 0x14 CHECKMULTISIG NOT", "DERSIG", "OK", "BIP66-compliant but not NULLFAIL-compliant"],
+["0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0x09 0x300602010102010101", "0x01 0x14 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0x01 0x14 CHECKMULTISIG NOT", "DERSIG,NULLFAIL", "NULLFAIL", "BIP66-compliant but not NULLFAIL-compliant"],
+["0 0x09 0x300602010102010101 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0", "0x01 0x14 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0x01 0x14 CHECKMULTISIG NOT", "DERSIG", "OK", "BIP66-compliant but not NULLFAIL-compliant"],
+["0 0x09 0x300602010102010101 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0", "0x01 0x14 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0x01 0x14 CHECKMULTISIG NOT", "DERSIG,NULLFAIL", "NULLFAIL", "BIP66-compliant but not NULLFAIL-compliant"],
+
 ["The End"]
 ]
diff --git a/txscript/engine.go b/txscript/engine.go
index 09b4dcfb..2b3e4cc0 100644
--- a/txscript/engine.go
+++ b/txscript/engine.go
@@ -62,6 +62,10 @@ const (
 	// push operator. This is both rules 3 and 4 of BIP0062.
 	ScriptVerifyMinimalData
 
+	// ScriptVerifyNullFail defines that signatures must be empty if
+	// a CHECKSIG or CHECKMULTISIG operation fails.
+	ScriptVerifyNullFail
+
 	// ScriptVerifySigPushOnly defines that signature scripts must contain
 	// only pushed data.  This is rule 2 of BIP0062.
 	ScriptVerifySigPushOnly
diff --git a/txscript/error.go b/txscript/error.go
index 64bed9df..107a09b8 100644
--- a/txscript/error.go
+++ b/txscript/error.go
@@ -204,6 +204,11 @@ const (
 	// single element.
 	ErrCleanStack
 
+	// ErrNullFail is returned when the ScriptVerifyNullFail flag is
+	// set and signatures are not empty on failed checksig or checkmultisig
+	// operations.
+	ErrNullFail
+
 	// -------------------------------
 	// Failures related to soft forks.
 	// -------------------------------
@@ -266,6 +271,7 @@ var errorCodeStrings = map[ErrorCode]string{
 	ErrSigNullDummy:             "ErrSigNullDummy",
 	ErrPubKeyType:               "ErrPubKeyType",
 	ErrCleanStack:               "ErrCleanStack",
+	ErrNullFail:                 "ErrNullFail",
 	ErrDiscourageUpgradableNOPs: "ErrDiscourageUpgradableNOPs",
 	ErrNegativeLockTime:         "ErrNegativeLockTime",
 	ErrUnsatisfiedLockTime:      "ErrUnsatisfiedLockTime",
diff --git a/txscript/error_test.go b/txscript/error_test.go
index ce8d09c5..65731146 100644
--- a/txscript/error_test.go
+++ b/txscript/error_test.go
@@ -53,6 +53,7 @@ func TestErrorCodeStringer(t *testing.T) {
 		{ErrSigNullDummy, "ErrSigNullDummy"},
 		{ErrPubKeyType, "ErrPubKeyType"},
 		{ErrCleanStack, "ErrCleanStack"},
+		{ErrNullFail, "ErrNullFail"},
 		{ErrDiscourageUpgradableNOPs, "ErrDiscourageUpgradableNOPs"},
 		{ErrNegativeLockTime, "ErrNegativeLockTime"},
 		{ErrUnsatisfiedLockTime, "ErrUnsatisfiedLockTime"},
diff --git a/txscript/opcode.go b/txscript/opcode.go
index 54392bba..ccbc7d95 100644
--- a/txscript/opcode.go
+++ b/txscript/opcode.go
@@ -2084,6 +2084,11 @@ func opcodeCheckSig(op *parsedOpcode, vm *Engine) error {
 		valid = signature.Verify(hash, pubKey)
 	}
 
+	if !valid && vm.hasFlag(ScriptVerifyNullFail) && len(sigBytes) > 0 {
+		str := "signature not empty on failed checksig"
+		return scriptError(ErrNullFail, str)
+	}
+
 	vm.dstack.PushBool(valid)
 	return nil
 }
@@ -2318,6 +2323,15 @@ func opcodeCheckMultiSig(op *parsedOpcode, vm *Engine) error {
 		}
 	}
 
+	if !success && vm.hasFlag(ScriptVerifyNullFail) {
+		for _, sig := range signatures {
+			if len(sig.signature) > 0 {
+				str := "not all signatures empty on failed checkmultisig"
+				return scriptError(ErrNullFail, str)
+			}
+		}
+	}
+
 	vm.dstack.PushBool(success)
 	return nil
 }
diff --git a/txscript/reference_test.go b/txscript/reference_test.go
index 09963b92..703de5fc 100644
--- a/txscript/reference_test.go
+++ b/txscript/reference_test.go
@@ -160,6 +160,8 @@ func parseScriptFlags(flagStr string) (ScriptFlags, error) {
 			// Nothing.
 		case "NULLDUMMY":
 			flags |= ScriptStrictMultiSig
+		case "NULLFAIL":
+			flags |= ScriptVerifyNullFail
 		case "P2SH":
 			flags |= ScriptBip16
 		case "SIGPUSHONLY":
@@ -191,7 +193,7 @@ func parseExpectedResult(expected string) ([]ErrorCode, error) {
 	case "EQUALVERIFY":
 		return []ErrorCode{ErrEqualVerify}, nil
 	case "NULLFAIL":
-		return []ErrorCode{ErrSigNullDummy}, nil
+		return []ErrorCode{ErrNullFail}, nil
 	case "SIG_HIGH_S":
 		return []ErrorCode{ErrSigHighS}, nil
 	case "SIG_HASHTYPE":
diff --git a/txscript/standard.go b/txscript/standard.go
index 60a3b907..29472f6c 100644
--- a/txscript/standard.go
+++ b/txscript/standard.go
@@ -33,6 +33,7 @@ const (
 		ScriptStrictMultiSig |
 		ScriptDiscourageUpgradableNops |
 		ScriptVerifyCleanStack |
+		ScriptVerifyNullFail |
 		ScriptVerifyCheckLockTimeVerify |
 		ScriptVerifyCheckSequenceVerify |
 		ScriptVerifyLowS