What does btc signature mean (Bitcoin signature)

What does btc signature mean in Bitcoin transactions? Btc signature is a signature using zero-knowledge proof. It is easy to implement cryptographic-related content and protocols on the internet. For example, by encrypting the public key through signature, a signature person (e.g., sender) can be generated to confirm the ownership of blockchain information without knowing if the private key holder already possesses the private key. This method is also known as a hash function.

In simple terms, it is an example using signature. Suppose you are a sender and want to receive a transaction in some form, you can write it as a string or any other type of alphanumeric combination. At this point, your signature algorithm has completed all the work.

Bitcoin signature

According to reports, members of the BitcoinCash community tweeted on Monday that “Bitcoin signatures (BTCSignatures) have been completed on December 15. We will add a new digital signature to each block using the Lightning Network to provide funding.” It is said that the signer initially created a wallet to generate transactions. Then, it will send all transactions to anyone to verify their on-chain records. In addition, “Bitcoin” addresses and “bitcoinsnft” (tokenized assets built into Bitcoin wallets) are also referred to as part of this protocol, and “Bitcoin” is associated with other cryptocurrencies. “Bitcoin signers” can obtain information from the following four points: First, if someone tries to add $1 to each transaction using the Lightning Network; second, when you receive Bitcoin, it will ask for your transaction to be accepted or rejected, and the recipient must deposit the Bitcoin into the exchange first.