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0 sats \ 1 reply \ @Signal312 3 Dec 2023 \ parent \ on: Base58⛓️🔓: what classes do you wanna see next year? 📅 tech
No, not yet. Is Social Multi Sig a widely-known concept, or is it a more recent innovation?
It's a Brazilianification of a term I like for mulitparty multisigs aka "collaborative multisig": where you and a group of people hold a set of keys.
If you're holding funds with friends or your family, it's 1000% the right way to help onboard more people, giving them some shared responsibility without full risk of funds lost if one party loses their keys.
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