Translations: Emulating Multi Signature Accounts on the Blockchain/34/en
Max Pending Transaction Fees is a mechanism for protecting your account against a malicious actor draining your account balance. Since your account is subject to an approval mode, they can’t send your funds to themselves since the finance leads will notice these transactions and reject them. However, each time you submit a transaction to the finance leads, there is a transaction fee. This means this person can drain your account balance by submitting a large quantity of errant transactions. Setting a limit on the Max Pending Transaction Fees protects your account against this type of attack. Note that this will also limit your own account from submitting too many pending transactions so you should put considerable thought into setting a reasonable limit that does not impede your day-to-day work, but still limits losses in the event of an attack.