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Bitcoin startup Sig3 has introduced an independent third-party automated co-signer which automatically co-signs transactions based on the policies and criteria implemented by its users. With Sig3, users can customize and set their own policies to determine the criteria for transaction authorization and verification. Based on the policies implemented by the user, Sig3 automatically co-signs the transaction, adding another layer of security on top of the multi-sig transaction. “Sig3 is at the intersection of security and usability. We’re redefining what it means to transact simply and securely with bitcoin. In order to have a truly secure and well functioning blockchain application, developers need to incorporate multi-sig technology and multi-sig services like Sig3 need to provide a user friendly interface to increase […]
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