Who is required to sign a transaction?
A transaction must be signed by a minimum of 2 out of the 3 co-signers in order for it to be processed. This added level of security ensures that no single individual has sole control over the funds in the account and that all parties involved have a say in the management of the assets. This added security feature helps to minimize the risk of unauthorized transactions or malicious actions and provides an added layer of protection for your Bitcoin.
- Where can I see who signed and co-signed a transaction?
- Can different co-signers have different privileges?
- Can I switch between Singlesig and Multisig accounts?
- Do all co-signers have the same wallet address?