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  1. Home
  2. /Glossary
  3. /Multi-Sig (Multi-Signature)
Back to Glossary
cryptocurrency

Multi-Sig (Multi-Signature)

A wallet that requires multiple private keys to authorize transactions.

Definition

A wallet that requires multiple private keys to authorize transactions. For example, a 2-of-3 multi-sig needs any two of three keyholders to sign. DAOs and treasuries use multi-sigs to prevent any single person from running off with funds.

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Related Terms

Wallet

Software or hardware that stores your cryptocurrency private keys and lets you send and receive tokens.

Private Key

A secret code that gives you control over your cryptocurrency.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

Airdrop Farming

Strategically using protocols before they launch a token to qualify for free airdrops.

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