Bitcoin Basics
What is multi-sig (P2SH)?
Search articles

What is multi-sig (P2SH)?

Shawn Butchart

Multi-signature (P2SH) transaction signing uses multiple keys (signatures) to unlock your funds and send them, creating a decentralized signing process and 'no single point of failure'. Cancoin controls a signing key on our Ledger HSM secured servers, and the user controls a signing key that is privately backed up or secured. A transaction can be made only when these two keys are combined, ensuring total security for the user.


Learn more about multi-sig (P2SH) here: