Frequently asked Questions
Distributed ledger is an agreement on data synchronization and reproducibility. In cryptocurrency networks distribution is spread among several networks in many processors. A centralized ledger is completely opposite to a distributed one, since all the data in it after being synchronized and reproducted is managed by a single network or a user.
Multisignature (multisig, double signature) is a requirement of multiple signatures to confirm a transaction. This method of security is suitable for companies that have a BTC-wallet. If the company wants to ensure that no employee can possibly get an access to a transaction, multisignature provides it with a possibility to seal transaction with signatures of two different employees prior to its confirmation.