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NODE/03 · Term

Multisig Threshold

The minimum number of signatures required to execute a transaction in a multisig wallet. Usually written as 'M-of-N' — e.g. 2-of-3 means two signatures out of three signers are needed.

Aliases: m-of-n, multisig quorum, threshold multisig

A multisig threshold is the M parameter in an M-of-N multisig wallet — the minimum number of valid signatures needed for an operation to succeed. Below the threshold, transactions cannot execute.

Common configurations

ThresholdUse case
2-of-3Small team, personal seed-share
3-of-5Mid-size startup, mid-tier DAO treasury
4-of-7 / 5-of-9Large DAO or fund
1-of-N”Shared wallet” — anyone can sign. Insecure.
N-of-NTotal unanimity; one absent signer freezes the wallet

Picking M

  • M too low (e.g. 1-of-3) — one key compromise drains the wallet.
  • M too high (3-of-3) — one lost key bricks the wallet.
  • Sweet spot — M = ⌈N/2⌉+1 (a majority): survives one loss or one compromise.

Context on TON

TON multisigs are smart contracts. Common implementations:

  • TON Multisig (official) — supported by Tonkeeper and MyTonWallet.
  • Gnosis-style implementations for DAO treasuries.

Each transaction is drafted off-chain or via a wallet UI, collects signatures, and is broadcast once the threshold is reached.

Related terms