What is a multisig wallet? How is it different from a regular wallet?
A multisig wallet requires at least m of its n private keys to sign together before assets can be accessed, commonly written as m-of-n, such as 2-of-3.
Multisig reduces single-point-of-failure risks: if one private key is stolen, the assets can’t be transferred immediately, and no single signer can misuse the assets alone.
Quick look: $BTC is quoted at 82366.01, up 1.08% over 24h.
A multisig wallet requires at least m of its n private keys to sign together before assets can be accessed, commonly written as m-of-n, such as 2-of-3.
Multisig reduces single-point-of-failure risks: if one private key is stolen, the assets can’t be transferred immediately, and no single signer can misuse the assets alone.
Quick look: $BTC is quoted at 82366.01, up 1.08% over 24h.