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Unindent BIP header to 2 spaces.

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genjix 2011-12-31 12:14:49 +00:00
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bip-0010.md
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@ -1,10 +1,10 @@
<pre> <pre>
BIP: 10 BIP: 10
Title: Multi-Sig Transaction Distribution Title: Multi-Sig Transaction Distribution
Author: Alan Reiner Author: Alan Reiner
Status: Draft Status: Draft
Type: Informational Type: Informational
Created: 28-10-2011 Created: 28-10-2011
</pre> </pre>
A multi-signature transaction is one where a certain number of Bitcoins are "encumbered" with more than one recipient address. The subsequent transaction that spends these coins will require each party involved (or some subset, depending on the script), to see the final, proposed transaction, and sign it with their private key. This necessarily requires collaboration between all parties -- to propose a distribution of encumbered funds, collect signatures from all necessary participants, and then broadcast the completed transaction. A multi-signature transaction is one where a certain number of Bitcoins are "encumbered" with more than one recipient address. The subsequent transaction that spends these coins will require each party involved (or some subset, depending on the script), to see the final, proposed transaction, and sign it with their private key. This necessarily requires collaboration between all parties -- to propose a distribution of encumbered funds, collect signatures from all necessary participants, and then broadcast the completed transaction.