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Bitcoin Cash [BCH]: First multisig transaction on BCH network is a donation to Free Ross Ulbricht campaign


ambcrypto.com 20 May 2019 09:40, UTC
Reading time: ~2 m

Free Ross Ulbricht campaign gained significant momentum lately, owing to the sheer number of crypto luminaries coming out in support of the Silk Road creator. The collective crypto community, including prominent faces like the Bitcoin.com CEO and BCH coin proponent Roger Ver, criticized the draconian double life plus 40 years sentence to Ulbricht.

At press time, 166,288 individuals had signed the petition which sought justice for the former website developer. According to the campaign website, Ulbricht has served 2,056 days in prison till date.

In a recent development, the first-ever multisig transaction executed was a donation to the campaign to free Ulbricht. The three signers of the multi-signature on the Bitcoin Cash network were reportedly made by three individuals – Mark Lundebrug, Chris Pacia, and a Twitter user checksum0.

A total sum of $35.97 was donated to the convicted Silk Road founder’s campaign. One of the users who executed the transaction tweeted,

@MarkLundeberg @ChrisPacia and I made the first Schnorr multisignature in history. The transaction is a donation to @Free_Ross. Proof will be published shortly.https://t.co/X4Ub2JLuF0

— checksum0 (@checksum0) May 19, 2019

The high profile multisig feature was reportedly implemented by Bitcoin Cash network on May 15. The digital signature scheme had been patented by its creator Claus Schnorr till 2008. The foremost privacy update, Schnorr signatures aim to minimize tracing and tracking cryptocurrency movements and dealings.

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