What is a Multisig Wallet?
A Multisig Wallet is a digital wallet that requires multiple private keys to authorize a transaction.
How do Multisig Wallets enhance security?
Multisig wallets enhance security by requiring multiple approvals for transactions.
How does a Multisig Wallet work in simple terms?
A Multisig Wallet needs more than one person to approve a transaction, similar to needing multiple signatures to access a safe. This adds an extra layer of security to your digital assets.