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Why Re-invent the Wheel? Use Past Workloads for Smarter DBMS TuningWith the cryptocurrency space evolving, the security of digital assets such as cryptocurrency has become a priority, now more than ever. Especially, now as individuals as well as organisations are submerging in blockchain. However, multi-signature (multisig) wallets have been introduced as one of the most trusted ways to negate this risk of unauthorized access, as multiple persons are required to approve transactions before these transactions are executed Multisig wallets with enhanced security / user trust will dominate by 2025 and this article outlines some of the top choices. Understanding Multi-Signature Wallets A transaction from a multi signature wallet must be started with multiple private keys . It provides checks and balances of funds making it beneficial for organisations and individuals seeking heightened security. Based on how they are implemented, the more common setup is the “M-of-N” model, where M of N keys have to be used to authorize a transaction. For instance, a 2 of 3 multi-sig wallet can be set to any two of the three mentioned keys to allow the authorization of a specific transaction. Best Multi-signature Wallets of 2025 BitGo is a popular digital asset trust company which offers services such as multi-sig wallets. Founded in 2013, BitGo wallets have three keys: one held by BitGo and two by the owners. This arrangement enables hot and cold storage solutions to meet a range of security requirements. BitGo also acts as the custodian of Wrapped Bitcoin (WBTC) allowing for the usage of Bitcoin on the Ethereum network. Electrum is a lightweight Bitcoin wallet renowned for its speed and security. It supports multi-sig capabilities, meaning the users are allowed to create wallets that need a number of signatures to approve a transaction. Owing to its hardware wallet integration adds an extra layer of security, and makes Electrum stand out as a number-one choice for many users and organizations, alike. Armory is a Bitcoin wallet focused on high security, such as allowing multi-sig support. It enables the creation of the multi-sig addressed with a varying number of authorisers starting from 3-of-3 up to 7-of-7 meeting user’s security needs. Armory’s open-source nature and abilities of cold storage make it a good choice for anyone wanting to safely secure a substantial amount of Bitcoin holdings. Copay is an open-source version of an HD wallet supporting multiple signatures on the same address, enabling shared funds management. It provides up to 2-of-3 authorizers to sign a Bitcoin transaction, making it easy to use for individuals as well as corporations. OKX Wallet is known for offering one of the best security levels, including multisig options. This one uses 2FA (Two-factor authorisation) and also demands several confirmations before completing transactions, in turn improving security and making it difficult for unauthorized people to perform operations. This robust framework of OKX Wallet makes it an exemplary choice for maintaining the integrity of digital assets. Adoption and Market Growth It has been and still is a trend that multi-sig wallets have been implemented. The multi-sig wallet started at a percentage of 15 in 2022 moving up to a percentage of 20 in 2024 and the price estimate expects about 75 per cent of businesses to employ the technology by 2025. Up to date, it demonstrates the increased acknowledgement of the importance of multi-sig wallets for proper protection of digital assets, speaking of staking and corporate wallets. Also, the cryptocurrency wallet market segment is growing at a very fast pace. At the current rate, the global wagons market was estimated to be at around USD 1.1 billion in 2023 which will further grow to USD 3.8 billion by 2032, registering a CAGR of in the vicinity of 15% between 2023 and 2032. It is therefore suggestive of the growing need for safer, more efficient ways of managing digital assets. Pros of Multi-Signature Wallets Enhanced Security: Th e checks and balances in the approval process reduce the kind of exposure that would allow unauthorized people to approve those transactions improperly. Shared Control: Being fit for organisations because it prevents any individual from having full control of the cash. Risk Mitigation: S till, the privacy of the assets is intact because more than one key is needed to access the other parties’ approval. Flexibility: The threat protection options can be adjusted arbitrarily (2 out of 3, 3 out of 5, etc.) to fully meet the user’s requirements. Considerations Before Choosing Multi-Signature Wallet User Experience: The design of the wallet should include also a clear interface to facilitate easy-to-use requirements. Compatibility : Make sure that the wallet can accommodate the exact cryptocurrency that meets one’s requirements. Platform Availability : Consider whether the wallet is available on multiple devices, ensuring smooth transactions on desktop, mobile, or hardware. Reputation : Research the reliability of the wallet provider, the best course is to look at the provider’s past record and users’ reviews. Support and Documentation: Access support and clear documentation are helpful for the setup and troubleshooting. Conclusion In the year 2025, the need to protect assets that are in the digital platform has been deemed more important than ever. Multi-signature wallets are also quite secure because they relieve a user of the burden of authorizing a transaction alone since many signatures are required for the initiation of a transaction. The multi-sig options are aimed at different needs for users and unique characteristics of users’ wallets like multi-sig, including such options as the advanced multi-sig features of wallets like BitGo, Electrum, Armory, Copay, and Okx Wallet. Multisig wallets will be even more important as more individuals enter the cryptocurrency space to protect their assets and secure transactions. Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
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Daily Post Nigeria 16 Days of Activism: Ogun commits to safety for women, girls Home News Politics Metro Entertainment Sport News 16 Days of Activism: Ogun commits to safety for women, girls Published on December 4, 2024 By Timi Owolabi To reduce the menace of Gender-Based Violence, GBV, the Ogun State Commissioner for Women Affairs and Social Development, Adijat Adeleye, has called for action to raise voices for and make commitments to the safety of women and girls. Adeleye made this call at a town hall meeting in partnership with the United Nations Population Fund, UNFPA, community and other opinion leaders on prevention and response to GBV held in Abeokuta on Wednesday. She said the meeting was in commemoration of the 16 Days Activism on the elimination of all forms of violence against the female gender, stating that community leaders comprising Baales, religious leaders, and Community Development Association leaders, among others, were gatekeepers of the community. The commissioner emphasised that they exhibit a significant role in shaping minds, influencing behaviours and building trust, charging them to look beyond ongoing campaigns to make a lasting impact in the fight against GBV in their respective communities. “We need to implement these plans; action they say is key. This is not a checklist we can tick and move on. It’s a breathing process and it starts with you. You have to walk the talk. So, when we create action plans, ensure they don’t collect dust on some shelf. Make sure they are enforced; talk about it in your communities, churches, mosques, garages and parks, and share from one leader to another,” she said. While reeling out the strides of the Abiodun-led administration in ridding the state of GBV, the commissioner stated that the government had established Sexual Assault Referral Centres, SARC, in zones of the state in collaboration with the United Nations Population Fund, UNFPA, and Ogun State Transformation Projects, OGSTEP. The centres, she added, were equipped to provide immediate care, support and counselling for survivors of GBV. She added that this intervention aimed to facilitate the commencement of the healing process for survivors, revealing that toll-free lines had equally been provided for a quick response from the government-trained responders and service providers. In her welcome address, the Permanent Secretary in the ministry, Adejumoke Adewole, underscored the importance of a collective mission to raise awareness of GBV and advocate for the rights and dignity of women and girls in communities. She implored the stakeholders to use their positions to speak on behalf of the voiceless, particularly women and girls, calling on them to work together with the state government and UNFPA to curb structures perpetuating violence in society. Earlier in her lecture titled “Roles of Community Leaders in Responding and Preventing GBV,” UNFPA’s gender analyst, Dr Esther Somefun, highlighted some of the key roles of community leaders as embracing and encouraging survivors of GBV, avoiding discrimination towards them, reporting acts of violence against women and girls at all times and publicising the toll-free lines for reporting GBV. While delivering another lecture, a representative of APIN Public Health Initiatives, Favour Ojo-Omoniyi, noted that opinion leaders needed to equip themselves with necessary education about GBV and prepare to offer support to survivors. Representative of the Forum of Muslim Women Association of Nigeria, FOMWAN, Zainab Jinadu and her counterpart from the National Union of Road Transport Workers, NURTW, Osioyemi Olasunkanmi, commended the state government and UNFPA for coming up with the idea of involving them as gatekeepers of the community in eliminating GBV cases. Related Topics: 16 Days of Activism ogun Don't Miss Tax reforms crucial for national growth — NOA You may like Abiodun presents N1.055tn 2025 budget to Ogun Assembly Ogun pledges to break down societal stereotypes, provide job opportunities for PWDs Police confirm suspected assassination of hotel guest in Ogun Teacher attempts suicide as Ogun pupil loses eye to classroom accident Man slumps, dies while walking on Ogun road Why I consistently focus on development of Ogun West – Gov. Abiodun Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd
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Javon Small scored 31 points to rally West Virginia to an 86-78 overtime upset of No. 3 Gonzaga in the opening round of the Battle 4 Atlantis tournament, Wednesday in Nassau, Bahamas. The Mountaineers (4-1) trailed by 10 points early in the second half and by five in the final minute. But over the final 19 seconds of regulation, Tucker DeVries scored five straight points to send the game to overtime. In the extra session, Small scored five points and West Virginia held Gonzaga to a single field goal, which came after the outcome was decided with 19 seconds left. Amani Hansberry added a career-high 19 points and eight rebounds for West Virginia, which advances to the semifinals Thursday against another surprise first-round winner, Louisville, which stunned No. 15 Indiana. Braden Huff scored 19 points and Khalif Battle added 16 points for Gonzaga (5-1) which settles for a consolation-round game Thursday against Indiana. Nolan Hickman tallied 13 points. Ryan Nembhard delivered seven points and 12 assists for the Bulldogs. Huff put Gonzaga in position to win when he made three hook shots in the final 2:34 of regulation as the Bulldogs turned a one-point deficit into a 69-66 lead. Two free throws by Nembhard expanded the lead to 71-66 with 25 seconds left. But DeVries followed with a 3-pointer from the top of the key and then made a mid-court steal and drew a foul with 5.9 seconds left. His two free throws sent it to overtime. The Mountaineers never trailed in overtime. Sencire Harris wrapped it up with a steal and a breakaway slam that put West Virginia up 84-76 with 26 seconds left. Battle, a transfer from Arkansas, scored eight points in a span of 90 seconds late in the first half as the Bulldogs took control on their way to a 39-31 lead at the break. Gonzaga earned its biggest lead early in the second half when Graham Ike scored inside with an assist from Nembhard to make it 43-33. But West Virginia responded with a 17-2 run, fueled by Small as he hit two 3-pointers and two layups. Hansberry drained a trey and DeVries grinded for a putback layup to give the Mountaineers a 50-45 lead with 12:26 left. DeVries finished the game with 16 points and four blocks. --Field Level Media