Why Multisigs are Becoming the Default Security Paradigm

Validated

Multisigs, short for "multiple signatures," are wallets that require multiple private keys to authorize transactions. In the wake of 2022's many collapses, multisigs have increasingly become the default security paradigm in both the Solana ecosystem and the crypto space more broadly. In this episode, Stepan Smikin (Squads) discusses the many use cases for multisigs and the importance of having a security-first mindset, while also sharing insights on what it's like building a multisig specifically on Solana. Other topics include Squads' formal verification, approaches to monetization, and more.

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