Questions tagged [multisig work]

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Martina Martina Fri Jul 12 2024 | 7 answers 1305

What is Bitcoin multisig & how does it work?

Could you elaborate on Bitcoin multisig, and how does this advanced feature enhance the security of Bitcoin transactions? Specifically, I'm interested in understanding how multiple signatures are utilized in a transaction, what role they play in authorization, and how it ultimately contributes to improving the overall safety and trustworthiness of the Bitcoin network. Additionally, I'd like to know if there are any specific use cases or scenarios where multisig is particularly beneficial. Thank you for your insights.

What is Bitcoin multisig & how does it work?

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