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What is a Lisk multi-signature account?

A multi-signature account consists of a group owner and up to 15 subordinates. That means a total of 16 (N) accounts. The subordinates need to confirm every transaction from the group owner’s account. Every multi-signature account can specify how many (M) confirmations they need. If all the confirmations are not collected, the transaction will not be performed and the funds will not be send.

Written by Lisk - Updated Oct 16