Multisignal (multi-signature)
By CoinGecko | Updated on Mar 03, 2020
They are wallets that require more than one key for transactions to be authorized. It serves to distribute the responsibility of the possession of the cryptocurrencies and to avoid robberies, manipulations or others without the rest of the members being aware of it.
Related Terms
Hashgraph
Hashgraph is a distributed ledger system that has been compared to the blockchain idea as a continuation or successor.
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Testnet
Shorthand for "Test Network", testnets are staging areas for experimenting new blockchain features.
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