A quorum policy is a policy which is used to ensure that different stakeholders approve of some transaction to remove the single point of failure which occurs when only one entity is needed to approve a transaction. Ironically, many ways of implementing such a policy will introduce a technical single point of failure in the very solution intended to remove the original point of failure. The solution is to have each approver provide their share of an approval signature using a cryptographic algorithm which natively generates the transaction signature only when the required number of approvals is satisfied.

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