MultiSig

In a sentence

The treasury used a MultiSig wallet that required three of five signers to approve a transfer.

• The treasury used a MultiSig wallet that required three of five signers to approve a transfer.
• MultiSig reduced the risk that one compromised private key could move all funds.
• The organization replaced an inactive signer through its governance process.
• A hardware wallet was assigned to each participant in the MultiSig arrangement.
• The transaction remained pending until the required MultiSig threshold was reached.