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Multisignature

Multisig

 

This refers to having more than one signature to approve a transaction. This form of security is beneficial for a company receiving money into their BTC wallet. If a company wants to keep it so that one employee doesn't have sole access to a transaction, multisig allows for a transaction to be verified by 2 separate employees before it is complete.

 

Source: https://medium.com/the-mission/21-terms-to-understand-cryptocurrency-8bee30aa8dfc

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