In this technology age, any transfers can be made between Bitcoin Wallets. They are subject to certain transactions, which can be with personal keys.you must have heard of this process. For these transfers, transactions take place on the blockchain. During this transaction, the Bitcoin Wallets hold a certain key to perform the transaction, and this key provides mathematical proof on the blockchain that this transaction was actually made by the wallet owner. That’s not anormally. In this way, a visual signature comes to the fore. This signature can be said to be crucial. Mainly, the process of confirming this transaction is approved by the network under the leadership of mining. What is really meant to be explained here is what the signature means during the realization of this transaction. Bitcoin wallets keep a certain private keys or sequence of numbers in their memory. However, I don’t know if we can say exactly in memory. This is the information required for signing during the transaction. If this system(wallets) didn’t work in this way, they could easily be seized by others. Actually, your wallet has a specific key. But as I said if there is only 1 key. In Multisig , on the other hand, 2 and 3 or more keys are needed directly. This makes the process still more reliable and more layered. In short, we complete the operation by combining the keys. It’s not enough for the transaction to be signed by a single key. Therefore, we need 3/3 key signature for sending BTC in our wallet. There are certain multisig wallets. They’ll be explained item by item below line.
To sum up, we secure wallet transactions with multi-signature. Multisig wallets aren’t just for Bitcoin. It’s available for every cryptocurrency.
Specific Wallets;
1. Armory https://www.bitcoinarmory.com/
2. BitGo https://www.bitgo.com/services/custody/wallet-platform/
3. Coinbase https://www.coinbase.com/tr/wallet
