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shamaniotastook (OP)
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February 26, 2013, 05:41:28 AM
 #1
This is something that I am asking to hopefully save some time in unnecessary research and development. I think BitCoin does offer a mechanism to make it so that more than one signature is required to transfer BTC from an account? Please advise if you're aware of such a solution, or the merits/uses of such.

~shaman iotas
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Meni Rosenfeld
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February 26, 2013, 07:04:24 AM
 #2
This has multiple use cases (some are explained at http://bitcoin.stackexchange.com/questions/3718/what-are-multi-signature-transactions), but software support is still in its infancy (http://bitcoin.stackexchange.com/questions/3557/how-does-one-make-multisignature-transactions-with-the-bitcoin-client).
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Stephen Gornick
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February 26, 2013, 07:17:01 AM
 #3
Quote from: shamaniotastook on February 26, 2013, 05:41:28 AM
This is something that I am asking to hopefully save some time in unnecessary research and development. I think BitCoin does offer a mechanism to make it so that more than one signature is required to transfer BTC from an account? Please advise if you're aware of such a solution, or the merits/uses of such.

~shaman iotas

Here's relevant reading:

How-to Multi signature transactions
- http://bitcointalk.org/index.php?topic=82213.msg906833#msg906833
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shamaniotastook (OP)
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February 26, 2013, 07:31:39 AM
 #4
Excellent! This gives me a good start on addressing this. Thanks much!

~ shaman iotas
Stephen Gornick
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February 26, 2013, 07:49:09 AM
 #5
Quote from: shamaniotastook on February 26, 2013, 07:31:39 AM
Excellent! This gives me a good start on addressing this. Thanks much!

There's also other approaches:

pybtcsplit - m-of-n Private Key Splitting made easy in one simple python utility
 - http://bitcointalk.org/index.php?topic=104086.0

2-of-3 Paper Wallets
 - http://bitcointalk.org/index.php?topic=139625.msg1553640#msg1553640

casascius / Bitcoin-Address-Utility
 - https://github.com/casascius/Bitcoin-Address-Utility
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