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How to generate multsig addresses and handle multisig transactions #2907

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Sven-TBD opened this issue Oct 24, 2023 · 1 comment
Open

How to generate multsig addresses and handle multisig transactions #2907

Sven-TBD opened this issue Oct 24, 2023 · 1 comment
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FAQ [Help documentation] Frequently Asked Questions Transaction [FAQ] Trading related issues

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@Sven-TBD
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Sven-TBD commented Oct 24, 2023

Creating a Multisig address

  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.

Handle a multisig transaction

  • You can find the multisig address you want to use in the menu/tools/multi-signature address and copy it for receiving funds.
  • Similarly, you can find the multi-signature address for your existing assets in the menu/tools/multisig address. After ensuring that the assets at this address meet the transfer conditions, you can use this address to initiate a transfer. At this point, you need to use the signing and exporting function, use an address belonging to the multisig address in the connected wallet to sign it, and pass the partially signed transaction file to the next user who needs to sign it. When the required number of signatures is reached, and all necessary addresses have signed, the transaction can be broadcast to the blockchain when the last signature address signs it.
@Sven-TBD Sven-TBD added FAQ [Help documentation] Frequently Asked Questions Document Transaction [FAQ] Trading related issues and removed Document labels Oct 24, 2023
@jordanmack
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jordanmack commented Jun 7, 2024

I just created a 1/1 multisig address for testing. I tried to send and I can't figure out how to sign and broadcast. Documentation is needed.

Update: I was on an older version and have now updated to the new version. I figured it out on the new version, but some kind of guide will still absolutely be needed for this. Average users will have trouble with this.

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Labels
FAQ [Help documentation] Frequently Asked Questions Transaction [FAQ] Trading related issues
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