Multisig

Introduction Multi-signature addresses in simple term are addresses that requires more than one cryptographic key to spend from those addresses. The concept of multi-signature has been utilized in numerous ideologies, ethnicities, races, and/or enterprises for thousands of years. Multi-signature, as an example, has been utilized to protect the safety of crypts…

US$41million worth of Bitcoins were stolen from Binance when one of their hot wallets was breached in May 2019. US$32 million worth of digital assets were stolen from BITPOINT as their hot wallet was hacked in July 2019. US$275 million worth of cryptocurrencies were taken when KuCoin had their hot…

Digital wallets using multisignature addresses are known as MultiSig wallets. In other words, for a crypto transaction to be signed and authorized, more than one private key is required. In some cases, this may mean that several different keys are used. Security-wise, coins and tokens must be stored to reduce…

We have just added multisig support in the latest version of our Hathor Headless Wallet. This article gives a general introduction to multisig and what you can do with it. If you’re a developer and want to dive right into it and start implementing multisig yourself, please refer to these…

Recently I became a victim of a metamask hack. After giving some time to myself and getting back in control, I decided to do a lot of introspection on the mistakes I made and some of the must-follow security practices when storing your crypto safely. I had a pretty straightforward…

Building the first-class multisig experience for Solana. Solend & Snowflake Today we’re thrilled to announce that Solend and Snowflake Network have partnered to give users and teams the ability to earn yields on their funds directly from a secure multisig. Future integrations for direct deposits and borrowing are in progress.

Setting up a multisig wallet is quick, fast, easy, and no coding experience required! The concept of multisig is nothing new to the web3 space. Investors, VC’s, startups, founders, co-founders, DAOs and even reliable NFT and Metaverse teams utilize multisig wallets as a core part of operations, safety and to…

The current landscape of paying team members, investors, contractors and contributors with crypto currencies can be a challenging and complex task at times. …

If you’ve been building on Solana, you would know that almost all smart contracts (programs) are not immutable, in other words, they are upgradable. Each smart contract has an upgrade authority which allows the person holding the private key to perform such upgrade and mutate the state of the on-chain…