The minimum number of participants required to make a decision or validate an action.
In crypto systems, quorum appears in contexts like multisig wallets (e.g., 2-of-3 required signers), validator committees, or masternode votes. It ensures decisions aren’t made by a single party.
"A DAO proposal might pass only if a quorum of token-weighted votes is reached within the voting window."
All terms and definitions may update as the Cryptionary improves.