BTW Mr. Meni Rosenfeld the chairman of the Israeli bitcoin community is interviewed in the article you mentioned, listen to what he says
you can google translate it.
He explained what a multisig wallet is.
He said that compared to bitcoin . Isracoin is too centralized .
He isn't optimistic about Isracoin.
Some of the developers are not interested in it anymore.
That's all he said in the article.