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.
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.