Multi Signature


1. concept

Wallet which require signatures from multiple private keys to access the funds.

2. security

Safe way to hold shared funds as multiple private keys - usually controlled by separate people - must be combined to access the funds. Different types of multi-sig wallets can be generate to require all the keys, or some amount (2 out of 4 for example) of the keys to access the funds.

* All terms and definitions may update as the Cryptionary improves.