I’m trying to create a multisig wallet for the first time.
My pre-understanding is that multisig wallet is simply a combination of many singlesig address.
So for example I have 3 existing singlesig wallets:
- electrum wallet
- Coldcard wallet
Can I just simply use the xpubs of the wallets to create a multisig wallet?
Is my understanding multisig correct?
If you have coldcard, you know that there is a multisig menu in coldcard. So if creating multisig is simply inserting the coldcard’s xpub to electrum (where the multisig is going to be created) then I don’t need to care about the multisig menu on coldcard? Same with bluewallet, I don’t need to create a vault wallet in there?