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Author Topic: Are there any available Taproot multisig wallets now?  (Read 102 times)
sjk131 (OP)
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August 24, 2024, 06:26:11 AM
 #1

It seems that the mainstream Bitcoin multisig wallets like Electrum, Sparrow, and Specter do not yet support Taproot multisig.
OmegaStarScream
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August 24, 2024, 06:35:44 AM
 #2

It seems that the mainstream Bitcoin multisig wallets like Electrum, Sparrow, and Specter do not yet support Taproot multisig.

See those discussions[1][2]. It doesn't seem like there are any good options. I couldn't really find much on Twitter either (since that's where usually wallet provider announces their changelogs).

[1] https://www.reddit.com/r/Bitcoin/comments/18j1mso/multisig_taproot_wallet/
[2] https://bitcointalk.org/index.php?topic=5466118.0

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Charles-Tim
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August 24, 2024, 08:00:09 AM
 #3

There is no available bitcoin wallet that is yet having multisig for Taproot. All of them that I know that are supporting Taproot are for single signature P2TR and not multisig.

If you want to go for multisig that has bech32 address format, you can use wallet like Electrum, Sparrow or hardware wallet like Trezor.

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angelo1oc
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August 24, 2024, 02:49:20 PM
 #4

It just happed I've recently launch this wallet.

https://wiki.distributedcryptography.com/wiki.aspx?1049,Delegated+Multisignature

Here you can see true Taproot K of N multisig.

You can test it on TestNet

I use Multy spending paths (address and script) with Huffman TapTrees, so you could have a 2 of 100 multisg and pay very little of transaction fee and only reveals the 2 public keys of the 2 signatures, the other 96 address are NEVER revealed.

:-)
dkbit98
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August 24, 2024, 06:45:21 PM
 #5

It seems that the mainstream Bitcoin multisig wallets like Electrum, Sparrow, and Specter do not yet support Taproot multisig.
Did you try with Nunchuk wallet?
I never tested wallets for Taproot multisig but you can try if any hardware wallets could be used for this, you can check support on thebitcoinhole.com website.
As alternative for multisig you can also consider using SLIP39 alternative that can split seed words without any additional transaction fees.

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hugeblack
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August 27, 2024, 05:23:15 AM
 #6

It is difficult to trust your wallet especially since there are not enough reviews and the Taproot multisig feature, although it will save a little transaction fees, the fees are low and the importance of the fees will not be compared to the security.
Create an ANN topic for more testnet discussions
bananahunter67
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September 11, 2024, 12:46:01 PM
 #7

OKX has taproot but I am not sure about multisig.

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hugeblack
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September 12, 2024, 01:19:21 AM
 #8

OKX has taproot but I am not sure about multisig.
I didn't know they had a wallet, it's closed source, I tried it and it didn't support Taproot multisig.
NotATether
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September 12, 2024, 07:01:19 AM
 #9

OKX has taproot but I am not sure about multisig.
I didn't know they had a wallet, it's closed source, I tried it and it didn't support Taproot multisig.

As a general rule I would avoid all closed-source wallets that are affiliated by exchanges. As in, they are directly made by someone who works at the exchange as an official product.

Because these wallets tend to be attractive targets for hackers, and you've got literally no assurances that your secret data is not being transmitted elsewhere or even stored securely.

OmegaStarScream
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September 12, 2024, 07:19:08 PM
 #10

I didn't know they had a wallet, it's closed source, I tried it and it didn't support Taproot multisig.

They do, and I have been using it for some time now (rarely for bitcoin). It does support Taproot but as you mentioned, no Multisig. It does appear that some components are open source, but not the whole thing: https://github.com/okx/go-wallet-sdk

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