DeFiChain Electrum: Multisig Wallet For DeFiChain
As one of the leading blockchains for DeFi applications, DeFiChain is putting its emphasis on building a safe and secure ecosystem for all its stakeholders. An integral part of this is a safe and state-of-the-art wallet with which users are comfortable to interact with while not sacrificing privacy and transparency standards. What are the advantages of the new Electrum wallet? DeFiChain Electrum wallet was developed to enable its user base full control over their money. This brand new wallet design builds on a multi-signature technology from Electrum to provide DeFiChain capabilities mainly for treasury use cases. As a result, users are able to split the permission to transact crypto assets between several wallets (i.e. cosigners). By “breaking up” the private key, multiple keys are needed to unlock the wallet and access the funds. Multisig allows users to rest assured that their funds are now even safer. Its open source nature underscores this by allowing anyone to audit the code...