{"id":5878,"date":"2024-08-27T13:12:58","date_gmt":"2024-08-27T11:12:58","guid":{"rendered":"https:\/\/clavastack.com\/?p=5878"},"modified":"2024-09-06T14:54:43","modified_gmt":"2024-09-06T12:54:43","slug":"was-ist-multi-signatur-und-warum-ist-es-wichtig","status":"publish","type":"post","link":"https:\/\/clavastack.com\/en\/was-ist-multi-signatur-und-warum-ist-es-wichtig\/","title":{"rendered":"What is multi-signature and why is it important?"},"content":{"rendered":"<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Multi Signature Declaration\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/5Q5ZwNNMFdc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Bitcoin brings many advantages, but also challenges. One of them is secure storage. <strong>Multi-signature wallets<\/strong> offer an innovative solution to increase security and defend against attacks. Let&#039;s dive deeper into the world of multisignature and find out why it&#039;s so important.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is a single-signature wallet?<\/h2>\n\n\n\n<p>A <strong>Single-signature wallet<\/strong> is the standard for most users. It requires only a single key to sign transactions and manage your funds. As long as you keep this key secure, you have control over your Bitcoin. But this also presents a risk: If someone steals the key, your Bitcoin is at risk.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The security of Multi Signature<\/h2>\n\n\n\n<p>With a <strong>Multi-signature wallet<\/strong> You can distribute control across multiple keys. This makes it difficult for attackers to steal your cryptocurrencies. You decide how many keys are needed to sign a transaction. A common example is the &quot;2 of 3&quot; system: You have three keys, but only need two to sign transactions. Even if one key is lost or stolen, your funds remain safe.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Advantages of Multi Signature<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Increased security:<\/strong>&nbsp;Multiple keys mean that a thief has to put in more effort.<\/li>\n\n\n\n<li><strong>Resilient backups:<\/strong>\u00a0Even if a key is lost, you still have access to your Bitcoin.<\/li>\n\n\n\n<li><strong>Democratic control:<\/strong>&nbsp;In companies, several people can make decisions about transactions together.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Application in practice<\/h2>\n\n\n\n<p>Multi-signature wallets are particularly useful for businesses or families where multiple people need to have control. In a 3-of-5 setup, for example, three of the five members are required to sign a transaction. This not only provides security but also ensures fair decision-making.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Minimize risks<\/h2>\n\n\n\n<p>It&#039;s important to keep each key in a secure location. You should distribute them across different locations to minimize risks such as fire or theft. One option is to give one of the keys to a trusted relative.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Diversification and hardware wallets<\/h2>\n\n\n\n<p>You can choose different <strong>Hardware wallets<\/strong> use, e.g. <a href=\"https:\/\/clavastack.com\/en\/product\/specter-diy-snapcase\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Specter DIY<\/a>, BitBox, and Jade to store your keys. This protects you from errors from a single manufacturer. If you choose a multi-signature wallet, it is important to have the right companion app for handling the different <strong>Signing Devices<\/strong> to have, for this I recommend the <a href=\"https:\/\/sparrowwallet.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Sparrow Wallet<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Important Multi Signature Tip <\/h3>\n\n\n\n<p>Pay attention to the <strong>Descriptor <\/strong>of the multi-signature wallet and attach a separate key to each part of the multi-signature wallet. In addition to two wallets, this is necessary to restore the wallet. A descriptor allows you to see exactly how much money is in your wallet, so this should also be carefully stored to maintain privacy. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p>Multi-signature wallets significantly improve the security of your Bitcoin. They offer protection against theft, enable democratic decision-making processes, and provide robust backup solutions. Keep in mind that secure key storage is crucial to avoid a complete loss of your Bitcoin. By using multi-signature correctly, you can safely store your Bitcoin yourself.<\/p>\n\n\n<div data-block-name=\"woocommerce\/handpicked-products\" data-products=\"[5266,2314,5153]\" class=\"wc-block-grid wp-block-handpicked-products wp-block-woocommerce-handpicked-products wc-block-handpicked-products has-3-columns has-multiple-rows\"><ul class=\"wc-block-grid__products\"><li class=\"wc-block-grid__product\">\n\t\t\t\t<a href=\"https:\/\/clavastack.com\/en\/product\/specter-diy-snapcase\/\" class=\"wc-block-grid__product-link\">\n\t\t\t\t\t\n\t\t\t\t\t<div class=\"wc-block-grid__product-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/clavastack.com\/wp-content\/uploads\/2023\/12\/Kopie-von-Specter-DIY-Snapcase-edited-300x300.png?wsr\" class=\"attachment-woocommerce_thumbnail size-woocommerce_thumbnail\" alt=\"Specter DIY Produktbild\" srcset=\"https:\/\/clavastack.com\/wp-content\/uploads\/2023\/12\/Kopie-von-Specter-DIY-Snapcase-edited-300x300.png 300w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/12\/Kopie-von-Specter-DIY-Snapcase-edited-100x100.png 100w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/12\/Kopie-von-Specter-DIY-Snapcase-edited-600x600.png 600w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/12\/Kopie-von-Specter-DIY-Snapcase-edited-1024x1024.png 1024w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/12\/Kopie-von-Specter-DIY-Snapcase-edited-150x150.png 150w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/12\/Kopie-von-Specter-DIY-Snapcase-edited-768x768.png 768w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/12\/Kopie-von-Specter-DIY-Snapcase-edited.png 1500w\" sizes=\"(max-width: 300px) 100vw, 300px\"><\/div>\n\t\t\t\t\t<div class=\"wc-block-grid__product-title\">Specter DIY<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<div class=\"wc-block-grid__product-price price\"><span class=\"woocommerce-Price-amount amount\"><span class=\"woocommerce-Price-currencySymbol\">\u20ac<\/span>165,00<\/span><\/div><p class=\"wc-gzd-additional-info wc-gzd-additional-info-loop tax-info\">incl. VAT<\/p><p class=\"wc-gzd-additional-info wc-gzd-additional-info-loop shipping-costs-info\">plus <a href=\"\" target=\"_blank\">Shipping costs<\/a><\/p>\n\t\t\t\t\n\t\t\t\t<div class=\"wp-block-button wc-block-grid__product-add-to-cart\"><a href=\"https:\/\/clavastack.com\/en\/product\/specter-diy-snapcase\/\" aria-label=\"Select options for \u201cSpecter DIY\u201d\" data-quantity=\"1\" data-product_id=\"5266\" data-product_sku=\"\" data-price=\"165\" rel=\"nofollow\" class=\"wp-block-button__link  add_to_cart_button\" data-no-translation=\"\" data-trp-gettext=\"\" data-no-translation-aria-label=\"\">Select options<\/a><\/div>\n\t\t\t<\/li>\n<li class=\"wc-block-grid__product\">\n\t\t\t\t<a href=\"https:\/\/clavastack.com\/en\/product\/seedor-starter-set\/\" class=\"wc-block-grid__product-link\">\n\t\t\t\t\t\n\t\t\t\t\t<div class=\"wc-block-grid__product-image\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/clavastack.com\/wp-content\/uploads\/2023\/08\/Copy-of-Seedor-Starter-Set-Bitcoin-Steel-Wallet-Safe-300x300.jpg?wsr\" class=\"attachment-woocommerce_thumbnail size-woocommerce_thumbnail\" alt=\"Seedor - Bitcoin Seedphrase in Stahl einstanzen.\" srcset=\"https:\/\/clavastack.com\/wp-content\/uploads\/2023\/08\/Copy-of-Seedor-Starter-Set-Bitcoin-Steel-Wallet-Safe-300x300.jpg 300w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/08\/Copy-of-Seedor-Starter-Set-Bitcoin-Steel-Wallet-Safe-100x100.jpg 100w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/08\/Copy-of-Seedor-Starter-Set-Bitcoin-Steel-Wallet-Safe-600x600.jpg 600w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/08\/Copy-of-Seedor-Starter-Set-Bitcoin-Steel-Wallet-Safe-1024x1024.jpg 1024w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/08\/Copy-of-Seedor-Starter-Set-Bitcoin-Steel-Wallet-Safe-150x150.jpg 150w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/08\/Copy-of-Seedor-Starter-Set-Bitcoin-Steel-Wallet-Safe-768x768.jpg 768w, https:\/\/clavastack.com\/wp-content\/uploads\/2023\/08\/Copy-of-Seedor-Starter-Set-Bitcoin-Steel-Wallet-Safe.jpg 1134w\" sizes=\"(max-width: 300px) 100vw, 300px\"><\/div>\n\t\t\t\t\t<div class=\"wc-block-grid__product-title\">Seedor Safe \u2013 Starter Set<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<div class=\"wc-block-grid__product-price price\"><span class=\"woocommerce-Price-amount amount\"><span class=\"woocommerce-Price-currencySymbol\">\u20ac<\/span>149,00<\/span> \u2013 <span class=\"woocommerce-Price-amount amount\"><span class=\"woocommerce-Price-currencySymbol\">\u20ac<\/span>199,00<\/span><\/div><p class=\"wc-gzd-additional-info wc-gzd-additional-info-loop tax-info\">incl. VAT<\/p><p class=\"wc-gzd-additional-info wc-gzd-additional-info-loop shipping-costs-info\">plus <a href=\"\" target=\"_blank\">Shipping costs<\/a><\/p>\n\t\t\t\t\n\t\t\t\t<div class=\"wp-block-button wc-block-grid__product-add-to-cart\"><a href=\"https:\/\/clavastack.com\/en\/product\/seedor-starter-set\/\" aria-label=\"Select options for \u201cSeedor Safe - Starter Set\u201d\" data-quantity=\"1\" data-product_id=\"5153\" data-product_sku=\"\" data-price=\"149\" rel=\"nofollow\" class=\"wp-block-button__link  add_to_cart_button\" data-no-translation=\"\" data-trp-gettext=\"\" data-no-translation-aria-label=\"\">Select options<\/a><\/div>\n\t\t\t<\/li>\n<li class=\"wc-block-grid__product\">\n\t\t\t\t<a href=\"https:\/\/clavastack.com\/en\/product\/specter-shield\/\" class=\"wc-block-grid__product-link\">\n\t\t\t\t\t\n\t\t\t\t\t<div class=\"wc-block-grid__product-image\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/clavastack.com\/wp-content\/uploads\/2022\/08\/1-1-300x300.png?wsr\" class=\"attachment-woocommerce_thumbnail size-woocommerce_thumbnail\" alt=\"Specter Shield Produktbild mit Smartcard, welche ein Secure Element enth&auml;lt.\" srcset=\"https:\/\/clavastack.com\/wp-content\/uploads\/2022\/08\/1-1-300x300.png 300w, https:\/\/clavastack.com\/wp-content\/uploads\/2022\/08\/1-1-100x100.png 100w, https:\/\/clavastack.com\/wp-content\/uploads\/2022\/08\/1-1-600x600.png 600w, https:\/\/clavastack.com\/wp-content\/uploads\/2022\/08\/1-1-1024x1024.png 1024w, https:\/\/clavastack.com\/wp-content\/uploads\/2022\/08\/1-1-150x150.png 150w, https:\/\/clavastack.com\/wp-content\/uploads\/2022\/08\/1-1-768x768.png 768w, https:\/\/clavastack.com\/wp-content\/uploads\/2022\/08\/1-1.png 1500w\" sizes=\"(max-width: 300px) 100vw, 300px\"><\/div>\n\t\t\t\t\t<div class=\"wc-block-grid__product-title\">Specter Shield<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<div class=\"wc-block-grid__product-price price\"><span class=\"woocommerce-Price-amount amount\"><span class=\"woocommerce-Price-currencySymbol\">\u20ac<\/span>290,00<\/span><\/div><p class=\"wc-gzd-additional-info wc-gzd-additional-info-loop shipping-costs-info\">plus <a href=\"\" target=\"_blank\">Shipping costs<\/a><\/p>\n\t\t\t\t\n\t\t\t\t<div class=\"wp-block-button wc-block-grid__product-add-to-cart\"><a href=\"\/en\/wp-json\/wp\/v2\/posts\/5878?add-to-cart=2314\" aria-label=\"Add to cart: \u201cSpecter Shield\u201d\" data-quantity=\"1\" data-product_id=\"2314\" data-product_sku=\"21\" data-price=\"290\" rel=\"nofollow\" class=\"wp-block-button__link  add_to_cart_button ajax_add_to_cart\" data-no-translation=\"\" data-trp-gettext=\"\" data-no-translation-aria-label=\"\">Add to cart<\/a><\/div>\n\t\t\t<\/li>\n<\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Bitcoin brings many advantages, but also challenges. One of them is secure storage. Multi-signature wallets offer an innovative\u2026<\/p>","protected":false},"author":2,"featured_media":5879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"acf":[],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/clavastack.com\/wp-content\/uploads\/2024\/08\/DALL\u00b7E-2024-08-27-13.11.32-A-visually-striking-YouTube-thumbnail-illustrating-an-extremely-secure-multi-signature-Bitcoin-wallet.-The-central-focus-should-be-a-robust-high-tech.webp?wsr","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/posts\/5878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/comments?post=5878"}],"version-history":[{"count":7,"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/posts\/5878\/revisions"}],"predecessor-version":[{"id":6214,"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/posts\/5878\/revisions\/6214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/media\/5879"}],"wp:attachment":[{"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/media?parent=5878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/categories?post=5878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/clavastack.com\/en\/wp-json\/wp\/v2\/tags?post=5878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}