Lesson 17

Multi-Signature

Lesson 17

Multi-Signature

In contrast to the single-key model, multi-signature Bitcoin wallets use multiple keys to access the bitcoins. Keys can be created by or distributed among multiple parties, and multiple keys can be required to send bitcoins. This enhances security while maintaining ease of use.

Really secure Bitcoin services such as bitalo.com have a highly sophisiticated security concept: Bitalo uses multi-signature wallets that consist of TWO keys to access bitcoins. 

How it works and what is special about it, will be explained in this lesson.

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