#security #BTC #ATH. #عملات_رقمية‬⁩

Multi-signature wallet

is a type of cryptocurrency wallet that requires multiple private keys (signatures) to approve a transaction, instead of just one. It adds an extra layer of security, control, and collaboration regarding cryptocurrency assets.

Main benefits:

1. Enhanced security 2. Decentralized control

3. Accountability for transactions 4. Use of smart contracts.

Disadvantages:

1. Slower transaction times (requires multiple approvals)

2. Coordination costs (especially with many signers)

3. If too many signers lose their keys, funds may be permanently locked.