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Multisig Addresses #3193

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Danie0918 opened this issue Jun 20, 2024 · 0 comments
Open

Multisig Addresses #3193

Danie0918 opened this issue Jun 20, 2024 · 0 comments
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Advanced Features Guide subcategories Document Guide [Help documentation] beginners guide

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@Danie0918
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Danie0918 commented Jun 20, 2024

What is Multisig Addresses?

Multisig addresses, as the name suggests, is a wallet that requires more than one address to sign for an operation, thus increasing security. Transferring using multisig addresses often requires >= 1 address to sign and send the transaction before the transfer can be completed. When using multisig addresses, we can specify a signature pattern of m/n, which means that the operation can be completed with the signatures of the m address out of the n address. For example, a 2/3 signature pattern implies that 2 out of 3 addresses can sign the transaction.

How to use Multisig Addresses?

Creating Multisig addresses

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  1. You can create a multisig address in the menu/tools.
  2. When creating a multisig address, you can specify the number of addresses to sign and the required number of valid signatures according to your needs.
  3. Click "Next" and input the signature addresses as needed and confirm the necessary signature addresses in the total wallet according to your requirements.
  4. Continue to complete the wallet creation.

Sending a transaction

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  1. You can choose to send from the more options in the multisig addresses.

1718959461994(1)

  1. Click on Send and verify your password to export your transaction file.

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  1. Signing transaction files using the multisig addresses wallet through the Approve.

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  1. Broadcast signed transaction through the Tools/Broadcast Transaction.
@Danie0918 Danie0918 added Guide [Help documentation] beginners guide Advanced Features Guide subcategories Document labels Jun 20, 2024
@Danie0918 Danie0918 self-assigned this Jun 20, 2024
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