How do multisig wallets work? How are they different from regular wallets? Many people can't answer!
Bitcoin natively supports multisig at the transaction script layer, with P2SH and P2WSH being the two commonly used address formats.
The tradeoff with multisig is that transactions are more cumbersome: every transfer requires collecting all the signatures, and executing a multisig contract on Ethereum also costs more Gas than a regular transfer.
Don't click unfamiliar links, and check what you're authorizing before you approve it.
$BTC 78081.38（-2.23%）
Bitcoin natively supports multisig at the transaction script layer, with P2SH and P2WSH being the two commonly used address formats.
The tradeoff with multisig is that transactions are more cumbersome: every transfer requires collecting all the signatures, and executing a multisig contract on Ethereum also costs more Gas than a regular transfer.
Don't click unfamiliar links, and check what you're authorizing before you approve it.
$BTC 78081.38（-2.23%）