user57366: I think I understand multisig wallets: X out of Y signatures are required for a transaction to be made.
My question is: is there such a thing as a multisig wallet where any ONE of the allowed signatures can complete the transaction? So we have a ring of 5 people, and any one of the five can take any action with their unique on the wallet, essentially sharing it.

user7272: Yes, just set X=1, and Y=number of people.

57366: <p>I think I understand multisig wallets: X out of Y signatures are required for a transaction to be made.</p>

<p>My question is: is there such a thing as a multisig wallet where any <strong>ONE</strong> of the allowed signatures can complete the transaction? So we have a ring of 5 people, and any one of the five can take any action with their unique on the wallet, essentially sharing it.</p>
 7272: <p>Yes, just set X=1, and Y=number of people.</p>
