How Does Multi-Sig Help in “Disaster Recovery” for a Custodian?
Multi-sig is vital for disaster recovery because it allows the custodian to distribute the required keys across multiple geographic locations and among different personnel. If one key is lost, destroyed, or inaccessible due to a disaster (e.g. a fire or political unrest), the remaining keys can still be used to meet the required threshold and move the funds to a safe location.