Secure MultiSig for multiple coins (BTC, ETH, LTC...), Convenient for you to manage assets with others.
Support MultiSig for multiple coins
A MultiSig wallet refers to a wallet in which a plurality of people jointly manage a fund, in the form of 2-3, indicating that a total of three people jointly manage funds, and two of them can sign to agree to spend money. MultiSig is applicable to the scenario of multi-person decision-making capital expenditures. It is also applicable to family and friends to jointly manage a specific fund.
Support MultiSig for multiple coins. The newest version supports MultiSig for Bitcoin(BTC), Ethereum(ETH/ERC20), Tron(TRX/TRC20), Binance Smart Chain(BSC/BEP20), Litecoin(LTC), BitcoinCash(BCH), DASH(DASH), Zcash(ZEC), Dogecoin(DOGE) and DigiByte(DGB).
MultiSig design follows common standards
Ownbit's MultiSig is decentralized and does not depend on the Ownbit server. The security of MultiSig assets is completely controlled by each participant.
BTC MultiSig is implemented by standard P2SH. MultiSig addresses are generated in a specific order. Users can restore MultiSig wallets according to the steps in the technical standards, thus spending MultiSig, the whole process can be independent of Ownbit.
ETH/ERC20 MultiSig (including BSC/BEP20, etc.) uses a lightweight smart contract method to eliminate the security problem that complex ETH smart contracts may bring. The corresponding contract code is open sourced at: https://github.com/bitbill/bitbill-multisig-contracts.
MultiSig is easy to use
Getting started with MultiSig is very simple (The complete guide is here):
1. All participants create a MultiSig wallet.
2. The initiator creates a MultiSig name, coin type and mode, and invites other participants to join.
3. After all the participants join, the MultiSig address is generated, and the funds can be deposited.
4. Any party can initiate the spend of MultiSig, and other parties can approve (sign or reject), and the funds is spent if the minimum amount of signature is reached.