flywithu/Learning-Bitcoin-from-the-Command-Line
1
1
Fork 0
mirror of https://github.com/ChristopherA/Learning-Bitcoin-from-the-Command-Line.git synced 2025-06-08 08:26:17 +00:00
Code Issues Releases Wiki Activity

Update 6_1_Sending_a_Transaction_to_a_Multisig.md

Browse Source
This commit is contained in:
Shannon Appelcline 2017-05-12 16:03:54 -07:00 committed by GitHub
parent 9579e3360a
commit ce77c04536
1 changed files with 1 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

2
6_1_Sending_a_Transaction_to_a_Multisig.md
View File

@ -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.