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multisig_lspnr

bitcoin escrow with multisignatures, built in Python only and using Electrum servers to query the network (no Electrum installation needed). pybitcointools by Vitalik Buterin is used here for signature,transaction,keypair and address generation, and is included here as a snapshot (d64f3df78497cfa8446389d47f00a21e0a5c7fc5, basically), since it is still in active development.

Instructions

After git cloning or unzipping, go to the root directory and type:

python multisig.py

with no arguments. This should provide the following instructions for command line testing:

  • Before you start, make sure to write an escrow's public key as a string in escrow_pubkey at the top of this file

  • If you have no escrow pubkey, you can pretend to be the escrow yourself and generate a pubkey with the command create, and then store it in this file

  • In real usage, the escrow is a third party who will store his own .private and give you a .share file with this pubkey.

  • Also, the full path of the multisig storage directory should be set in the variable msd

To carry out the 2 of 3 escrow process, provide arguments as follows:

python multisig.py create unique_id (creates an address used only for signing, a .private file and a .share file)

python multisig.py multi_create unique_id_1 unique_id_2 (generates the multisig address to be used; will be the same for both counterparties)

python multisig.py multi_check unique_id_1 unique_id_2 (checks the balance of the new multisig address)

python multisig.py sign signing_id unique_id_1 unique_id_2 amount_incl_txfee txfee addr_to_pay (creates a file with suffix .sig containing [signing_id]'s signature to the transaction

python multisig.py redeem sigid1 sigid2 unique_id_1 unique_id_2 amount_incl_txfee txfee addr_to_pay

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