From ce77c045365b1ff2a3922fb23f58bcd4d33e6364 Mon Sep 17 00:00:00 2001 From: Shannon Appelcline Date: Fri, 12 May 2017 16:03:54 -0700 Subject: [PATCH] Update 6_1_Sending_a_Transaction_to_a_Multisig.md --- 6_1_Sending_a_Transaction_to_a_Multisig.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/6_1_Sending_a_Transaction_to_a_Multisig.md b/6_1_Sending_a_Transaction_to_a_Multisig.md index a178f85..88343b4 100644 --- a/6_1_Sending_a_Transaction_to_a_Multisig.md +++ b/6_1_Sending_a_Transaction_to_a_Multisig.md @@ -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 is created by Bitcoin with the OP_CHECKMULTISIG command, and typically that's encapsulated in a P2SH address. Chapter 8 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 is created by Bitcoin with the OP_CHECKMULTISIG command, and typically that's encapsulated in a P2SH address. Chapter 9 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 multiple people to reuse the funds.