6 May, 2019
MultisignaturePosted on : by : BlockGlossary
Meaning of Multisignature
Multisignature refers to having more than one signature to approve a transaction.
This form of security is beneficial for a company receiving money into their BTC wallet. If a company wants to keep it so that one employee doesn’t have sole access to a transaction, multisig allows for a transaction to be verified by two separate employees before it’s complete.« Back to Dictionary Index