Blockstream Proposes a Whole New Type of Multisig Called ROAST

Security has always been of utmost priority in the crypto space. To reinforce security, multisig or multisignature is the widely accepted standard in crypto. Multisig refers to a method of transaction in which two or more signatures are required to sign off before the transaction can be executed. Rather than a single signature, multisig requires multiple keys to authorize a transaction.

In a bid to further improve security and avoid problems of transaction failures, the research unit of Bitcoin (BTC)-focused blockchain tech firm, Blockstream has published a proposal for a new type of multisignature. This multisignature ...

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