How do multisig wallets work, and how are they different from regular wallets?
Bitcoin supports multisig at the transaction script layer itself. Common address formats include P2SH and P2WSH.
The tradeoff with multisig is added complexity: signatures must be collected for every transfer, and executing a multisig contract on Ethereum also costs more gas than a regular transfer.
Current price: $BTC is quoted at 81727.14 (24h -1.41%).
Don't treat this as a trading signal.
Bitcoin supports multisig at the transaction script layer itself. Common address formats include P2SH and P2WSH.
The tradeoff with multisig is added complexity: signatures must be collected for every transfer, and executing a multisig contract on Ethereum also costs more gas than a regular transfer.
Current price: $BTC is quoted at 81727.14 (24h -1.41%).
Don't treat this as a trading signal.