Multisig Basics: M-of-N Schemes

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The concept A multisig (multi-signature) wallet requires more than one private key to authorize a transaction — expressed as M-of-N, meaning M signatures out of N total keys must approve before funds move. A 2-of-3 setup, for example, has three independent keys (perhaps on three separate hardware devices, in three separate locations), and any two of them together can sign……

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