In this video, we will explain what Multisignature Wallets are. We will also briefly cover their advantages and disadvantages and take a look at some of their use cases.

The idea of Multisignature wallets appeared in 2012, the first ones being created and implemented a year later, for the Bitcoin Blockchain.

To define a Multisig wallet in a simple way, we could see it as a bank vault. From a technical point of view, to unlock such a vault, more than one key is required. Therefore, a Multisig crypto wallet will allow you to choose the number of keys needed to unlock it, but also to set a minimum number of keys that can perform that procedure together.

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- CHAPTERS -

0:00 Intro
0:27 What Is a Multisignature Wallet?
1:32 Advantages and Disadvantages of a Multisignature Wallet
2:45 Multisignature Wallet Use Cases
4:25 Conclusions
5:07 Outro

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