What & Why:
On Radix, on-chain accounts can hold tokens and other assets. When an organization shares an account, multiple people need to approve transactions (multisig) so no single person can move funds unilaterally. Coordinating this manually — passing around transaction payloads, collecting signatures offline — is painful and error-prone.
- Vault — An on-chain Radix account that holds a team's assets, controlled by multisig so transactions require approval from multiple signers before executing.
- Team — The set of signers whose public keys are listed in the multisig access rule. They collectively approve all vault transactions via threshold signing (n-of-m).