Crypto 101: Multi-sig
Explain it like I’m 5
Part of our mission at Casa is to help teach people about cryptocurrency and why it’s important. We’re starting a series of Crypto 101 posts, which we’ll post here and, soon, on our fancy new website (just launched today 🙌). We hope these will be a good resource for those who want short explainers on tough topics.
Our first post is on multi-signature (“multi-sig”) wallets. Multi-sig is an important concept and is core to the Casa product. But when my mom asks me what Casa does, I can’t just come out guns blazing using words like “multi-sig”. That’s a surefire recipe for the that’s-nice-honeys. So, here is my attempt at explaining multi-sig in a way that’s short and to the point, but still gives a good picture for the crypto-uninitiated.