What is a multisig wallet and how does Kaspa use one for its development fund?

Kaspa's public development fund is held in a 2-of-4 multisig wallet, which means four keyholders exist but any two of them must agree and co-sign before funds can be moved. A multisig (short for multi-signature) wallet is a crypto wallet that requires approval from more than one private key before a transaction goes through — think of it like a safe that needs two keys turned at the same time. In Kaspa's case the four keyholders are the elected Community Treasurers. This structure matters for beginners because it reduces the risk that a single bad actor or compromised key could drain the fund unilaterally.

Not financial advice. This content is for education only. Nothing here is financial advice.