Update 6_1_Sending_a_Transaction_to_a_Multisig.md

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Shannon Appelcline 2017-06-07 12:16:32 -07:00 committed by GitHub
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@ -10,7 +10,7 @@ In a typical P2PKH transaction, bitcoins are sent to an address based on your pu
_What is a multisignature?_ A multisignature is a methodology that allows more than one person to jointly create a digital signature. It's a general technique for the cryptographic use of keys that goes far beyond Bitcoin.
Technically, a multisignature cryptographic puzzle is created by Bitcoin using the OP_CHECKMULTISIG command, and typically that's encapsulated in a P2SH address. [§8.2: Creating Multisig Script](8_2_Creating_Multisig_Scripts.md) will detail how that works more precisely. For now, all you need to know is that you can use `bitcoin-cli` command to create multisignature addresses; funds can be mailed to these addresses just like any normal P2PKH address, but multiple private keys will be required for the redemption of the funds.
Technically, a multisignature cryptographic puzzle is created by Bitcoin using the OP_CHECKMULTISIG command, and typically that's encapsulated in a P2SH address. [§8.4: Scripting a Multisig](8_4_Scripting_a_Multisig.md) will detail how that works more precisely. For now, all you need to know is that you can use `bitcoin-cli` command to create multisignature addresses; funds can be mailed to these addresses just like any normal P2PKH address, but multiple private keys will be required for the redemption of the funds.
_What is a multisignature transaction?_ A multisignature transaction is a Bitcoin transaction that has been sent to a multisignature address, thus requiring the signatures of certain people from the multisignature group to reuse the funds.