Multi-Signature (Multi-Sig) is a security feature that requires multiple independent signatures to authorize a cryptocurrency transaction. This ensures that no single party can unilaterally access or move funds, thereby increasing security.
Multi-Sig is widely used in corporate environments, escrow services, and joint accounts to prevent fraud and unauthorized access.
By distributing control across several parties, multi-signature setups help protect assets in volatile digital environments.
« Back to Glossary Index