As the name suggests, a multisig wallet is a wallet that requires multiple signatures to execute a transaction. A multisig wallet can have two or more owners controlling the transactions and funds that are present in the wallet. In a multisig wallet, you can define the minimum number of signatures that are required to execute a transaction. It's only when the required number of EOAs sign and confirm a particular transaction that it gets executed on the multisig. Existing owners can add or remove a new or existing owner from a multisig.
Different multisig wallet implementations are available, such as ConsenSys and Parity. However, the most widely used and safe multisig is the ConsenSys multisig implementation. In this chapter, we are going to talk about the ConsenSys multisig wallet implementation. The topics that we will discuss in...