Back in February, we first published our MultiSig wallet requiring multiple parties to agree on transactions before execution. Using their Ethereum account addresses, these parties are defined as MultiSig wallet owners in the smart contract. Only when a predefined number of these owners confirms a transaction, it will be executed. Hence, the single point of failure associated with private key-controlled accounts will be removed — losing or compromising the private key will no longer result in a loss of all funds controlled by the account.



We’re proud to see that the majority of teams that did ICOs over the last months (Golem, Aragon, Civic, district0x for example) are already using instances of the Gnosis MultiSig wallet, holding a combined value of more than $2bn worth of Ether and tokens.



While we’re continuously improving the Gnosis MultiSig wallet, we’re excited to introduce our desktop version today which allows you to create and import accounts, fully compatible with MyEtherWallet and MetaMask.