MultiSig (Multisignature) - Revision history

Clockuniverse at 01:53, 21 March 2018

2018-03-21T01:53:41Z

Clockuniverse at 01:46, 21 March 2018

2018-03-21T01:46:58Z

Clockuniverse at 01:32, 21 March 2018

2018-03-21T01:32:40Z

Clockuniverse at 02:05, 20 March 2018

2018-03-20T02:05:51Z

Clockuniverse at 01:36, 20 March 2018

2018-03-20T01:36:49Z

Clockuniverse at 01:30, 20 March 2018

2018-03-20T01:30:12Z

Clockuniverse at 01:05, 20 March 2018

2018-03-20T01:05:26Z

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Clockuniverse: Created page with "Multisignature Example Complex Multisignature Example"

2018-02-25T20:21:33Z

Created page with "Multisignature Example Complex Multisignature Example"

New page

[[Multisignature Example]]

[[Complex Multisignature Example]]

@@ Line 111: / Line 111: @@
+  {
     "hex" :
     "txid" : "a8b3bf5bcace91a8dbbddbf9b7eb027efb9bd001792f043ecf7b558aaa3cb951",
     "version" : 1,

@@ Line 98: / Line 98: @@
 This works the same as a usual transaction:
-a8b3bf5bcace91a8dbbddbf9b7eb027efb9bd001792f043ecf7b558aaa3cb951
+  buyer@testnet03:~$ ./terracoin-cli sendtoaddress 2MuEQCZh7VB8pNrT4bj1CFZQh2oK7XZYLQf 777.77 a8b3bf5bcace91a8dbbddbf9b7eb027efb9bd001792f043ecf7b558aaa3cb951
 The seller/arbiter can trace the transaction by its txid in the testnet block explorer → https://testnet-insight.dashevo.org/insight/tx/a8b3bf5bcace91a8dbbddbf9b7eb027efb9bd001792f043ecf7b558aaa3cb951<!--Fix this link to Terracoin testnet link-->
 Or from the console:
-seller@testnet03:~$ ./terracoin-cli getrawtransaction a8b3bf5bcace91a8dbbddbf9b7eb027efb9bd001792f043ecf7b558aaa3cb951 1
+  seller@testnet03:~$ ./terracoin-cli getrawtransaction a8b3bf5bcace91a8dbbddbf9b7eb027efb9bd001792f043ecf7b558aaa3cb951 1
     "txid" : "a8b3bf5bcace91a8dbbddbf9b7eb027efb9bd001792f043ecf7b558aaa3cb951",
     "version" : 1,
     "locktime" : 0,
-[...]
+  [...]
     "vout" : [
+        {
@@ Line 127: / Line 130: @@
+            }
         },
-[...]
+  [...]
     ],
     "blockhash" : "000000034def806f348cadf6a80660aed1cfc30ccbd1492a8ea87062800ea94d",
@@ Line 133: / Line 136: @@
     "time" : 1409224896,
     "blocktime" : 1409224896
-−
+  }
-Step 4: Spending the multisig
+===Step 4: Spending the multisig===
 Now we assume the deal is complete, the buyer got the goods and everyone is happy. Now the seller wants to get his TRC. As a 2-of-3 multisig was used, the transaction must be signed by 2 parties (seller + buyer or arbiter). The seller creates a transaction (we will reuse his public address from above):

@@ Line 63: / Line 63: @@
 Note: The address can be created by anyone, as long as the public keys and their sequence are known (resulting address and redeemScript are identical, see below).
-'''seller'''
+'''Seller'''
   seller@testnet03:~$ ./terracoin-cli createmultisig 2
@@ Line 70: / Line 70: @@
     "address" : "2MuEQCZh7VB8pNrT4bj1CFZQh2oK7XZYLQf",
     "redeemScript" :
  buyer@testnet03:~$ ./terracoin-cli createmultisig 2 '["02a862b412ff9e3afd01a2873a02622897f6df92e3fc85597788b898309fec882e","0315617694c9d93f0ce92769e050a6868ffc74d229077379c0af8bfb193c3d351c","0287ce6cf69b85593ce7db801874c9a2fb1b653dbe5dd9ebfa73e98b710af9e9ce"]'
-−
+  {
     "address" : "2MuEQCZh7VB8pNrT4bj1CFZQh2oK7XZYLQf",
     "redeemScript" : "522102a862b412ff9e3afd01a2873a02622897f6df92e3fc85597788b898309fec882e210315617694c9d93f0ce92769e050a6868ffc74d229077379c0af8bfb193c3d351c210287ce6cf69b85593ce7db801874c9a2fb1b653dbe5dd9ebfa73e98b710af9e9ce53ae"
-−
+  }
     "address" : "2MuEQCZh7VB8pNrT4bj1CFZQh2oK7XZYLQf",
 This works the same as a usual transaction:

@@ Line 3: / Line 3: @@
 This document presents a worked example to demonstrate multisig functionality in TerracoinCore. While the transactions are no longer visible on the current testnet blockchain and some address formats or RPC responses may differ slightly from the version shown here, the principle and commands are the same.
-Step 1: Create three addresses
+===Step 1: Create three addresses===
 '''Seller'''
@@ Line 51: / Line 51: @@
   arbiter@testnet03:~$ ./terracoin-cli dumpprivkey n1cZSyQXhach5rrj2tm5wg6JC7uZ3qPNiN cUbDFL81a2w6urAGZf7ecGbdzM82pdHLeCaPXdDp71s96SzDV49M
-Result: Three keypairs (public/private)
+'''Result: Three keypairs (public/private)'''
 The createmultisig command takes as variables the number n signatures of m keys (supplied as json array) required. In this example, 2 of 3 keys are required to sign the transaction.
 Note: The address can be created by anyone, as long as the public keys and their sequence are known (resulting address and redeemScript are identical, see below).
-seller
+'''seller'''
     "address" : "2MuEQCZh7VB8pNrT4bj1CFZQh2oK7XZYLQf",
-    "redeemScript" : "522102a862b412ff9e3afd01a2873a02622897f6df92e3fc85597788b898309fec882e210315617694c9d93f0ce92769e050a6868ffc74d229077379c0af8bfb193c3d351c210287ce6cf69b85593ce7db801874c9a2fb1b653dbe5dd9ebfa73e98b710af9e9ce53ae"
+  "522102a862b412ff9e3afd01a2873a02622897f6df92e3fc85597788b898309fec882e210315617694c9d93f0ce92769e050a6868ffc74d229077379c0af8bfb193c3d351c210287ce6cf69b85593ce7db801874c9a2fb1b653dbe5dd9ebfa73e98b710af9e9ce53ae"
+}
 buyer

@@ Line 5: / Line 5: @@
 Step 1: Create three addresses
-'''seller''':
+'''Seller'''
   seller@testnet03:~$ ./terracoin-cli getnewaddress n18cPEtj4ZfToPZxRszUz2XPts4eGsxiPk
@@ Line 21: / Line 21: @@
-mp5orHuaFaHCXFSCeYvUPL7H16JU8fKG6u
+  buyer@testnet03:~$ ./terracoin-cli getnewaddress mp5orHuaFaHCXFSCeYvUPL7H16JU8fKG6u
-buyer@testnet03:~$ ./terracoin-cli validateaddress mp5orHuaFaHCXFSCeYvUPL7H16JU8fKG6u
+  buyer@testnet03:~$ ./terracoin-cli validateaddress mp5orHuaFaHCXFSCeYvUPL7H16JU8fKG6u
-−
+  {
     "isvalid" : true,
     "address" : "mp5orHuaFaHCXFSCeYvUPL7H16JU8fKG6u",
@@ Line 33: / Line 33: @@
     "iscompressed" : true,
     "account" : ""
-−
+  }
-buyer@testnet03:~$ ./terracoin-cli dumpprivkey mp5orHuaFaHCXFSCeYvUPL7H16JU8fKG6u
+  buyer@testnet03:~$ ./terracoin-cli dumpprivkey mp5orHuaFaHCXFSCeYvUPL7H16JU8fKG6u cP9DFmEDb11waWbQ8eG1YUoZCGe59BBxJF3kk95PTMXuG9HzcxnU
-n1cZSyQXhach5rrj2tm5wg6JC7uZ3qPNiN
+  arbiter@testnet03:~$ ./terracoin-cli getnewaddress n1cZSyQXhach5rrj2tm5wg6JC7uZ3qPNiN
-arbiter@testnet03:~$ ./terracoin-cli validateaddress n1cZSyQXhach5rrj2tm5wg6JC7uZ3qPNiN
+  arbiter@testnet03:~$ ./terracoin-cli validateaddress n1cZSyQXhach5rrj2tm5wg6JC7uZ3qPNiN
-−
+  {
     "isvalid" : true,
     "address" : "n1cZSyQXhach5rrj2tm5wg6JC7uZ3qPNiN",
@@ Line 48: / Line 48: @@
     "iscompressed" : true,
     "account" : ""
-−
+  }
-arbiter@testnet03:~$ ./terracoin-cli dumpprivkey n1cZSyQXhach5rrj2tm5wg6JC7uZ3qPNiN
+  arbiter@testnet03:~$ ./terracoin-cli dumpprivkey n1cZSyQXhach5rrj2tm5wg6JC7uZ3qPNiN cUbDFL81a2w6urAGZf7ecGbdzM82pdHLeCaPXdDp71s96SzDV49M
 Result: Three keypairs (public/private)