What is Multisignature Wallets ?

The idea of Multisignature wallets appeared in 2012, the first ones being created and implemented a year later, for the Bitcoin Blockchain. To define a Multisig wallet in a simple way, we could see it as a bank vault. From a technical point of view, to unlock such a vault, more than one key is required. Therefore, a Multisig crypto wallet will allow you to choose the number of keys needed to unlock it, but also to set a minimum number of keys that can perform that procedure together.

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