ChainArgos
Concept Glossary
Concept Glossary
  • Concept Glossary
  • Address Types
    • Genesis or "Built-In" Contract
    • Externally Owned Account (EOA)
    • Multi-Sig
      • Gnosis Safe
    • Null Address
  • Bridge
  • Deployers
  • Gas & Gas Funding
  • Open Source
  • Smart Contracts
    • Are smart contracts immutable?
    • Proxy Contract
    • Implementation Contract
    • Upgradeable Proxy Contract
      • EIP-1967 Upgradeable Proxy Standard
      • Open Zeppelin
    • Renouncing Ownership
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  1. Address Types

Multi-Sig

Written from an Ethereum perspective, but concepts generally applicable.

An Ethereum multi-signature (multi-sig) wallet is a type of digital wallet that requires multiple signatures or approvals from designated parties before transactions can be executed. This advanced security feature addresses the vulnerabilities associated with single-user wallets by distributing the authority to authorize transactions among multiple users, typically to prevent fraud or unauthorized access.

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Last updated 1 year ago