WHAT IS A WALLET MULTISIG

A wallet multisig, or multisignature wallet, is a wallet that requires multiple signatures to authorize any transaction.

In other words, these wallet will only process a transaction, whatever type it may be, when more than one key (person) confirms it. The number of signers required depends on the type of multisig wallet you’re using.

This wallet type is used to share a wallet across multiple people, and for security reasons (the logic is straightforward): to protect against scams.

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