Short for multisignature wallet, a ‘multisig’ is a cryptocurrency wallet that requires multiple signatures to execute a transaction. A standard crypto wallet requires only a single signature.
A multisig wallet can be setup within Argent X browser extension.
Who can be a co-signer in Argent X multisig?
- Another Argent X wallet
- A Ledger wallet (coming soon)
In a multisig wallet, any owner can initiate a transaction. However, it stays pending until the other owners also sign it. Once the signature threshold is reached, the transaction is submitted to the blockchain. If owners disagree on a transaction, they can cancel it before signing.
You can find more details on Argent multisig here.