Definition ∞ Multisig access control is a security mechanism requiring multiple private keys to authorize a single transaction or action on a digital asset account. This method enhances security by distributing authority and preventing a single point of failure. It ensures that no one individual can unilaterally control the funds. Implementing multisig significantly reduces the risk of unauthorized access.
Context ∞ Multisig access control is a frequently highlighted security feature in crypto news, particularly for institutional investors and decentralized autonomous organizations (DAOs). Discussions often center on its role in safeguarding large asset holdings and improving governance structures. The complexity of managing multiple keys remains a practical consideration for users.
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