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Can you describe the role of "multi-signature wallets" in securing Bitcoin funds?

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Multi-signature wallets play a crucial role in securing Bitcoin funds by requiring multiple signatures or keys to authorize a transaction. This added layer of security helps protect against theft or unauthorized_

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Multi-signature wallets in Bitcoin are designed to enhance security by requiring multiple private keys to authorize a transaction. This means that in order to send Bitcoin from a multi-signature wallet, multiple individuals or entities must provide their respective private keys to validate the transaction. This reduces the risk of a single point of failure, as all parties involved must cooperate to access and move the funds. As a result, multi-signature wallets are considered more secure than single-signature wallets, as they add an extra layer of protection against unauthorized access or theft.
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