Security

Multisignature (multisig) technology has greatly improved the security and flexibility of cryptocurrency storage. By eliminating the single point of failure associated with private keys, it lays a strong foundation for asset management, enterprise applications, and innovative financial services. However, like any complex system, multisig can also become a target for attackers, and scams involving it are becoming increasingly common. This article explores the advantages and risks of multisig solutions and provides practical safety tips to help users fully leverage the benefits of multisig wallets while minimizing potential threats.

Explore how PayFi builds an on-chain settlement network connecting stablecoin issuers, DeFi protocols, and payment merchants through a modular architecture. This article outlines its core mechanisms, technical framework, and representative application scenarios, analyzing how it enhances on-chain payment efficiency, reduces trading costs, and enables cross-chain liquidation, bridging real-world payments and the crypto ecosystem.