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Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet

Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet

with regards to advanced resource security and one of them is multisig wallets. The term multisig represents multi-signature and the accompanying post will show anybody how to make a 2 of 2 multisig wallet. A long time back cryptographic money designers thought of a plan to build wallet security by utilizing a multisig wallet. Essentially, a 2 of 2 multisig wallet comprises of two wallets yet individuals can make wallets with multiple underwriters. Basically, with a multisig wallet, at least two marks are required to approve a cryptographic money exchange. In this instructional exercise, we will make a 2 of 2 multisig wallet for bitcoin money (BCH) stockpiling utilizing the Electron Cash wallet. Be that as it may, a similar technique can be applied to a bitcoin (BTC) wallet by utilizing the Electrum wallet programming and following the equivalent directions.\

The main thing you have to do is download the most recent Electron Cash (EC) programming and make "another wallet." If you as of now utilize the EC program, basically make "another wallet" utilizing your product. Existing EC clients can discover this zone in the "record" area and by choosing "new/reestablish." From here, the wallet programming will inquire as to whether you need to name the wallet and this part is discretionary. Subsequent to deciding to name the wallet, press "next" and EC will ask you whether you need to make a "standard" wallet, "multi-signature" wallet, or "import." You need to choose a "multi-signature" wallet and afterward press "next."

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