<p>What do people exactly mean when they say the person <strong>&quot;signs&quot;</strong> the transaction to transfer bitcoins?
Is it decrypting the previous output with your private key and encrypting it with the new recipient's public key?</p>
<p>Thanks for your time and efforts.</p>

<signature>
What does signing a transaction mean?
Ayush
# What does signing a transaction mean?

(Asked by: username_0 on 2020-11-01)

What do people exactly mean when they say the person **"signs"** the transaction to transfer bitcoins?
Is it decrypting the previous output with your private key and encrypting it with the new recipient's public key?

Thanks for your time and efforts.

**Tags:** signature


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