Content
The 1/n model of partnership is further extended to n/m, and a more complex fund management system can be realized. For example, within a company, when the funds are used, the finance initiates the payment first, and the director reviews and signs. When the director wants to use the funds, the finance also needs to confirm it. In this way, it is impossible for anyone who wants to collect money to escape privately.
In addition, according to the distribution of private keys, multiple signatures can support some simple weight distribution mechanisms. For example, four people start a business together, the boss accounts for 40%, and the three brothers each account for 20%. Then you can design a 3/5 model, in which the boss has 2 private keys and the younger brothers have 1 each. In this case, the boss only needs to win 1 One younger brother can start by seconding, but three younger brothers may also overthrow the boss. A similar mechanism is of course difficult to support a complete stock format, but for start-ups or specific small projects, it is a simple and reliable way to implement it.