Wallets & SecurityIntermediate

Multisig

An authorization arrangement that requires signatures from a specified number of distinct keys.

PLAIN-ENGLISH DEFINITION

In more detail

A two-of-three setup needs two of its three authorized keys to sign. This spreads control and can allow one missing signer. Who holds each key, how independent they are and how recovery works determine practical security; three keys on one compromised device provide little separation.

IN THE WILD

How you might use it

Treasury chat: "One signature is in. We need one more from our two-of-three signer set before this payment can go out."

WORD NOTES
Written out
Multisignature
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By Crypto Dictionary · Published · Updated

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