Multi-Sig

What Is Multi-Sig and How Does It Work?

Bitcoin is stored in an “address” based on public/private key pairs. For most of Bitcoin’s history, each Bitcoin address was based on a single private key. Anyone who possesses the private key for an address is authorized to transfer Bitcoins. This nature of single-key storage resulted in a couple of critical problems for Bitcoin.

DeFi, Crypto banking, White label cryptocurrency exchange development, Crypto wallet development, coin development, fintech, Blockchain