2

Is it possible for person A, person B, and person C to create a multiple signature address without one person needing to initially know all three addresses to create that public address in the first place?

Ideally 5 people somehow create an address together, maybe passing it on to each other? But only if 3 out of those 5 private keys are used, can money be gotten out of that wallet?

2

you need the public addresses of all persons involved in order to create the multi-sig address. So if you are creating a 3 of 5 multi sig address you need all 5 public address. in order to retrieve funds from that address you need signatures from 3 of the 5 people (or however signatures you require). Check out this example here ...that example was a huge help for me.

bitrated.com and https://coinb.in/multisig/ have open source implementations of this as well.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.