2-of-3

A 2-of-3 wallet uses three private keys and requires any two to authorise a transaction. One key alone cannot move the Bitcoin.

Keep keys and backups separate. Losing one key need not prevent recovery, but losing two can make the Bitcoin inaccessible. BlockByte never holds or has access to client keys or seed phrases.

Related terms

Multisig - A Bitcoin wallet that requires more than one key to move funds.
Private key - A secret number used to authorise Bitcoin transactions.
Non-custodial - A service that does not hold or control your Bitcoin keys.

Common questions

2-of-3: common questions

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