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Multisignatures

Minter has built-in support for multisignature wallets. Multisignatures, or technically Accountable Subgroup Multisignatures (ASM), are signature schemes which enable any subgroup of a set of signers to sign any message, and reveal to the verifier exactly who the signers were.

Suppose the set of signers is of size n. If we validate a signature if any subgroup of size k signs a message, this becomes what is commonly reffered to as a k of n multisig in Bitcoin.

Minter Multisig Wallets has 2 main goals:
  • Atomic swaps with sidechains
  • Basic usage to manage funds within Minter Blockchain

Structure of multisig wallet

Each multisig wallet has:
  • Set of signers with corresponding weights
  • Threshold

Transactions from multisig wallets are proceed identically to the K of N multisig in Bitcoin, except the multisig fails if the sum of the weights of signatures is less than the threshold.

How to create multisig wallet

TO BE DESCRIBED

How to use multisig wallet

TO BE DESCRIBED