What are Multisig Wallets?
Multisig wallets are digital wallets that require multiple signatures from designated parties to approve and execute transactions. Tools in this category include wallet interfaces, smart contract frameworks, and management platforms that enable the setup, configuration, and operation of multisignature schemes on blockchain networks. These wallets are primarily used to enhance security and governance by distributing control over assets among multiple users or entities, reducing the risk of single points of failure or unauthorized access. Typical users include decentralized organizations, teams managing shared funds, and projects requiring collective approval for spending or contract interactions. Key characteristics of multisig wallets include configurable signature thresholds, support for multiple signers, and integration with various blockchain protocols. Related categories include standard wallet solutions and governance tools. Developers should consider multisig wallet tools when building applications that require secure, shared control over digital assets or when implementing collaborative transaction approval workflows.