Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: deletedcoin on September 15, 2018, 02:00:28 PM



Title: Ethereum: How to combine a MultiSigWallet with the advantages of a HD Wallet?
Post by: deletedcoin on September 15, 2018, 02:00:28 PM
For a token sale we want to use the MultiSigWallet (https://github.com/ConsenSys/MultiSigWallet (https://github.com/ConsenSys/MultiSigWallet)) from ConsenSys for ETH-Payments where all team members will registered as signer while every transaction needs to be signed by at least 2 team members.

Otherwise we also like the idea of using HD Wallets to make it easier to identify a payment with a particular purchase while using new addresses only once for every purchase.

Is there any way to combine both approaches?


Title: Re: Ethereum: How to combine a MultiSigWallet with the advantages of a HD Wallet?
Post by: fuer44 on September 15, 2018, 02:13:47 PM
in essence, a multisig wallet is an address that can be used by two people or one person with two accounts. a higher level of security because one wallet can be offline. and a way to combine a HD wallet with a multisig wallet, I don't have a view to that approach. but to purchase tokens or sales using a multisig wallet, I think it's a great way to invest with partners. for example we invite our friends to invest in tokens with multisig wallets which means we only use one address but store two wallets.


Title: Re: Ethereum: How to combine a MultiSigWallet with the advantages of a HD Wallet?
Post by: deletedcoin on September 15, 2018, 03:41:14 PM
... to invest in tokens with multisig wallets which means we only use one address but store two wallets.

Could you clarify a bit more your approach? It sounds interesting but I didn't get it