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Multi-Signature (multisig)

security · wallet

A spending policy that requires a defined threshold of several keys or signers.

Also known as
multi-sig
1.general

Multi-signature (multisig) is a policy requiring a threshold of authorized keys, commonly written m-of-n. It is a spending rule, not necessarily a complete wallet or custody process.

2.security

Multisig can reduce single-key theft and loss when keys are generated, stored, and recovered independently. It can also add failure modes through missing configuration data, incompatible wallet software, unavailable cosigners, or several keys kept together.

3.implementation

The on-chain representation varies by network and output type. Some policies reveal every key and threshold when spent; others can use aggregated keys, script trees, or contract logic. Backups may need descriptors or redeem scripts in addition to seed phrases.

Related terms

All terms and definitions may update as the Cryptionary improves.