🧠Topic: What is multisig (#Multisig ) — how it protects money in cryptocurrency and why it is used in DeFi and DAO

🔐 Multisig (multi-signature) — is a wallet that requires multiple signatures to confirm a transaction.$BNB

Not one private key = not one person at the helm.
Example: to withdraw funds, signatures from 2 out of 3 key holders are needed.

💡 Why is this needed?

🔸 Security — you cannot just steal 1 private key and gain access to the funds
🔸 Transparency — all participants can see who signs what
🔸 Team control — protection against 'solo decisions' and internal abuses
🔸 #DAO and funds — democratic management of common resources$BTC

📦 How Multisig works in practice:

The project has a multisig wallet
In the wallet is a treasury with $10 million of the DAO's funds

Configured: 5 signers, a minimum of 3 signatures required for withdrawal

Any transfer, change, or swap requires approval from the majority

🛡 Where Multisig is used:

🔹 DeFi projects — protect liquidity pools, treasuries, smart contract controls
🔹 DAO — for managing funds, grants, and voting
🔹 NFT teams — so no one 'runs away with the mint fund'
🔹 Funds and whales — share control among several trusted individuals

📉 What happens without multisigs:
❌ A lead left with the key — and that's it, access is lost
❌ One scam dev — and the project is hacked
❌ The fund is centralized — and users lose trust

⚙️ Examples of multisig solutions:

Gnosis Safe — the standard in Ethereum and EVM networks

#Multisynq — multisig with fintech-like UX

#Squads (Solana), Safeheron, Cosmos multisig, etc.

📌 Conclusion:
Multisig is not just 'set it and forget it', it is the key to resilience and trust.
If a project does not use multisig — it is a reason to think. Especially in DeFi and DAO.

📖 In the next issue I will talk about:
What tokenomics is: from issuance and locks to why 100% APY ≠ profitable.

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👆This article is for informational purposes only and is not investment advice. Thank you for subscriptions, likes, and comments!$SOL