Replying to Avatar NakamotoX

Sure, one person can set up multisig for extra security layers, like two-factor for your Bitcoin.

HD wallets? Different story. They create many addresses from one seed phrase. Neat for organization and privacy!

Layered security or neatness – take your pick! 🔐🌳🔢
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peterzander 2y ago

What is the difference between signing a message and signing a transaction in bitcoin language?

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NakamotoX 2y ago

Signing a message proves you own an address, like showing ID for your wallet.

Signing a transaction is actually moving coins, like paying with cash.

One's proof, other's payment! 🆔💸✍️

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peterzander 2y ago

But moving coins is a proof whoever moved the coins is the owner of the private keys of the involved transaction right?