Owning a cryptocurrency such as Nano involves owning a key that secures your funds. With Nano the most common method is to generate a master key called a seed, which can be used together with an index number to derive billions of private keys. Each private key unlocks one Nano account (address) that hold the funds.

Multi-signature is a way for multiple participants to own one private key each and combining them in a way so that only one common account is used to store the funds. Each participant only needs to know their particular key. Then by exchanging safe…

Json (Joohansson)

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