How to Create a Multisig Wallet
Creating a multisig wallet with TotalSig involves a few key steps. This kind of wallet requires multiple signatures for transactions, providing an added layer of security. Here's a general guide:
Open TotalSig Extension
- Access the TotalSig extension by clicking on its icon in your browser's extension area.
Navigate to Wallet Creation
- Look for an option like "Create New Wallet" or "Add Multisig Wallet" in the TotalSig interface.
Choose Blockchain Network
- Select the blockchain network for your multisig wallet (e.g., Bitcoin, Ethereum).
Set Multisig Parameters
- Define the number of participants in your multisig wallet.
- Decide the required number of signatures for authorizing transactions (e.g., 2-of-3, where 2 out of 3 signatures are needed).
- If TotalSig allows, invite other participants by sharing a unique wallet creation link or session ID.
- Each participant will need to join the wallet creation session.