Multisignal (multi-signature)
By CoinGecko | Updated on Mar 03, 2020
They are wallets that require more than one key for transactions to be authorized. It serves to distribute the responsibility of the possession of the cryptocurrencies and to avoid robberies, manipulations or others without the rest of the members being aware of it.
Related Terms
Wallet Address
The address in which cryptocurrency can be stored, sent to and receive.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
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