Definition ∞ Multi-signature, often abbreviated as multisig, is a type of digital signature that requires more than one cryptographic key to authorize a transaction. This security measure mandates agreement from multiple parties before an action can be executed, thereby reducing single points of failure. It is commonly employed for managing digital assets in a secure and collaborative manner. The requirement for multiple approvals enhances control and prevents unauthorized access.
Context ∞ Discussions concerning multi-signature technology often focus on its application in institutional custody solutions and secure multisig wallet management. Key debates revolve around the optimal number of required signatures and the security implications of key management practices. Analysts are observing the increasing adoption of multisig by entities managing substantial digital asset holdings.
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