I saw that Bitfinex announced that they have updated their own multi-signature wallet. Why do they need to do this, is this something that official wallet API doesn't support?
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https://en.bitcoin.it/wiki/Multisignature – Daniel F Dec 28 '17 at 08:02
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Smidgen (aka the Bitfinex wallet) supports two features not available in the official wallet :
- multi-signature wallet
- crafting bundles with multiple recipients
This wallet is just a client to easily use existing features of the tangle:
- multi-signature is at the core of flash channels.
- transfers with multiple recipients was from the start in IOTA's bundle design