What is a multisig wallet? How is it different from a regular wallet?
With 2-of-3 multisig, losing one private key still leaves the other two able to sign; losing two means the assets can no longer be moved.
Bitcoin supports multisig at the transaction script level itself. Two common address formats are P2SH and P2WSH.
When managing your holdings, the most important thing to keep in mind is to store each private key separately in different places. Don’t keep several on the same device.
$BTC 71687.51 (-2.59%)
With 2-of-3 multisig, losing one private key still leaves the other two able to sign; losing two means the assets can no longer be moved.
Bitcoin supports multisig at the transaction script level itself. Two common address formats are P2SH and P2WSH.
When managing your holdings, the most important thing to keep in mind is to store each private key separately in different places. Don’t keep several on the same device.
$BTC 71687.51 (-2.59%)
