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The Cryptonomics™ > Bitcoin > blockchain – Dealing with Multi-Signature Transactions with PSBT in Bitcoin
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blockchain – Dealing with Multi-Signature Transactions with PSBT in Bitcoin

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Last updated: June 27, 2024 11:00 am
admin Published June 27, 2024
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blockchain – Dealing with Multi-Signature Transactions with PSBT in Bitcoin


I am at present working with Partially Signed Bitcoin Transactions (PSBTs) and attempting to grasp the most effective practices for dealing with transactions that require signatures from a number of events. Particularly, I wish to create a transaction that wants signatures from two totally different people utilizing PSBT.

Storage of Signatures: Once I, as the primary signer, add my signature to the PSBT, the place is that this signed information saved whereas we await the second signer so as to add their signature? How does the PSBT format deal with this interim state?

Safety Considerations: Are there any really useful safety practices to make sure the integrity and confidentiality of the partially signed transaction throughout this course of?

I’d respect any insights or steerage on managing multi-signature transactions utilizing PSBTs, significantly concerning the safe storage and dealing with of the transaction till all required signatures are gathered.

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