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Multisig

A multisig account is an Sentinel account with a special key that can require more than one signature to sign transactions. This can be useful for increasing the security of the account or for requiring the consent of multiple parties to make transactions. Multisig accounts can be created by specifying:

  • threshold number of signatures required
  • the public keys involved in signing

To sign with a multisig account, the transaction must be signed individually by the different keys specified for the account. Then, the signatures will be combined into a multisignature which can be used to sign the transaction. If fewer than the threshold number of signatures needed are present, the resultant multisignature is considered invalid.

Generate a Multisig key​

sentinelcli keys add --multisig=name1,name2,name3[...] --multisig-threshold=K new_key_name

K is the minimum number of private keys that must have signed the transactions that carry the public key's address as signer.

The --multisig flag must contain the name of public keys that will be combined into a public key that will be generated and stored as new_key_name in the local database. All names supplied through --multisig must already exist in the local database.

Unless the flag --nosort is set, the order in which the keys are supplied on the command line does not matter, i.e. the following commands generate two identical keys:

sentinelcli keys add --multisig=p1,p2,p3 --multisig-threshold=2 multisig_address
sentinelcli keys add --multisig=p2,p3,p1 --multisig-threshold=2 multisig_address

Create the multisig key​

Let's assume that you have test1 and test2 and want to make a multisig account with test3.

First import the public keys of test3 into your keyring.

sentinelcli keys add \
    test3 \
    --pubkey=<pubkey>

Generate the multisig key with 2/3 threshold.

sentinelcli keys add \
    multi \
    --multisig=test1,test2,test3 \
    --multisig-threshold=2

You can see its address and details:

sentinelcli keys show multi

- name: multi
  type: multi
  address: sent1z5ssqynre0gujda34kekcxhnfxa5eu5uq0wh4n
  pubkey: # PubKey
  mnemonic: ""
  threshold: 0
  pubkeys: []

Sign the transaction​

To sign and broadcast the multisig transaction, you need to use Sentinel Hub.