Signature Field

What Does Signature Field Mean?

A signature field in the world of bitcoin cryptocurrency is a field used to contain a sender’s unique signature for a transaction. The digital signatures of the bitcoin owner and sender play a valuable role in assuring integrity for bitcoin use.

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Techopedia Explains Signature Field

The signature field works together with a private key and a public key to provide effective authentication. The sender assigns a message, and sends the public key along with the signature to the receiver. The receiver uses specific tools to verify that the transaction is signed. In addition, bitcoin technology uses hashing to enhance security and consistency for bitcoin transactions.

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Margaret Rouse

Margaret Rouse is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical, business audience. Over the past twenty years her explanations have appeared on TechTarget websites and she's been cited as an authority in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine and Discovery Magazine.Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages. If you have a suggestion for a new definition or how to improve a technical explanation, please email Margaret or contact her…