Topic: I just created Bitcoin multi signature wallet for the first time. - page 2. (Read 304 times)

I know multi signature wallet is very good since it requires at least two private keys to sign a transaction but I have some questions, maybe you can help me out? Will appreciate especially if you have used a multi signature wallet before.

I am using this Bitcoin wallet and it has multi signature capability, I thought to my self, why not create one and get experience how this thing actually works? Because all this years I have not put it to practical, so I created one today, I was give three separate keys, my questions are as follow.

1. Does having a multi signature wallet opened just for you only add some more security level to your crypto wallet or it doesn't count? Like keeping all these keys to yourself and storing them offline separately.

2. If I am running a company and we need to use multi signature wallet to store company fund, since creating the wallet in the present of all three of us makes all these keys visible, doesn't that mean I have access to all the three keys? Or I should have take the first key only and pass the phone to the second person to create the next key? And also the third person?

3. If the second question with the answer is valid, what happens if two persons died and you are the only person with just one single key?

Do you think it's not safe to be in multi signature? What's your thought.