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Sunday, September 13, 2015

Bitcoin and Cryptocurrency Technologies - Quiz 3 Problem 1

In a typical transaction: (check all that apply)

There is one signature that covers all the inputsWrong - there could be more than one
Each input contains a signatureCorrect
There is one signature that covers all the outputsWrong - output do not need to sign
Each output contains a signatureWrong - output do not need to sign

This problem is 'tricky'. Every participant who involve in the transaction input must sign the whole transaction - but we never actually sign on the input itself.

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