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How Does a Multi-Sig Wallet Secure the Upgrade Process?

A multi-signature (multi-sig) wallet requires a predefined minimum number of private key holders (signers) to approve any transaction, including a contract upgrade. This prevents any single person or compromised key from unilaterally executing a malicious or erroneous upgrade.

It introduces a check-and-balance system, distributing control and significantly enhancing security.

How Does “Role-Based Access Control” Help Secure the Upgrade Mechanism?
How Does a Multisig Setup Compare to a Single EOA (Externally Owned Account) for Security?
How Does ‘Key Rotation’ Mitigate the Risk of a Compromised Key?
Can a Malicious Actor Exploit the Proxy’s Upgrade Mechanism?