$ 32,065
$ 1,309.4
$ 137.89

Guarda Wallet Launches Multisignature Functionality for Bitcoin

Guarda​ has recently become the first multi-currency crypto wallet to offer support for Multisignature. Multisignature (also known as Multisig) wallets make it possible for two or more users to have access to the funds.

Contrary to the usual single-key addresses, Multisig wallets need several parties to sign the transactions – the signatures are generated with the use of different private keys. Multisignature wallets are useful for those willing to co-manage cryptocurrency funds. This way, several parties can create a shared wallet and manage transactions with mutual consensus.

Besides being a tool for enabling crypto transactions for groups of people, Multisig can also be an extra protection tool for those concerned with password loss or cryptocurrency theft.

Making Multisignature creation possible within a lightweight multi-currency wallet is no easy task – Guarda Wallet team, joined by ​Whales Heaven​, were ready to take this challenge and make Multisig go live. The main reason for enabling Multisig was community feedback that pushed the development.

Guarda is not planning to stop on having Multisig for BTC – the team is already working on getting Ethereum Classic ETC (currency chosen by a community-run poll), Ethereum ETH, Bitcoin Cash and a wide range of other coins on board for Multisignature.

“We are here to offer wallet functionality yet unheard of – this is why expansion and having as many cryptocurrency management features is crucial for Guarda. Joined byWhales Heaven, we are enabling Multisignature – something that multi-currency wallets have not been offering yet. Adding Multisig is absolutely dictated by the community demand and we’re happy to offer our services!” – Paul, CEO Guarda Wallet.

Related Posts

Leave a Reply


Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Popular Posts

Blockchain Education: What Should Be Done
January 24, 2021By
Liquidators request greater powers in probing South Africa’s BTC Club
January 24, 2021By
FCA Ban on Retail Crypto Derivatives Trading Will Be in Full Effect Today
January 24, 2021By


Video Posts

Blockchain Education: What Should Be Done
January 24, 20210
Solving Gender Inequality Using Blockchain S2 (Ep2): A Blockchain Solution To Close The Gap
January 22, 20210

Crypto Stats

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin32,065 0.79 % 0.41 % 11.56 %
Ethereum1,309.4 0.83 % 6.34 % 6.06 %
Tether1.000 0.07 % 0.03 % 0.08 %
Polkadot17.59 0.36 % 0.18 % 3.78 %
XRP0.2726 0.05 % 0.39 % 2.71 %
Cardano0.3537 0.83 % 3.05 % 0.42 %
Chainlink23.78 1.04 % 1.95 % 16.02 %
Litecoin137.89 0.47 % 0.77 % 4.42 %
Bitcoin Cash432.36 0.18 % 1.04 % 12.08 %
Binance Coin41.19 0.45 % 2.23 % 4.71 %