TRX

Tron Multisig Wallet

Launched in 2017, Tron aims to create a decentralized internet by offering a blockchain platform for content sharing and entertainment applications. It seeks to empower creators by eliminating intermediaries and enabling direct interaction between content producers and consumers, revolutionizing the digital entertainment landscape.

Tron multisig wallet is a type of a wallet that adds an extra layer of security by requiring multiple users keys to authorize transactions.

Compare multisig fees

The approximate cost of Tron multi-signature transaction on blockchain.

TotalSig

$0.47

Other Wallets

$9.40

How it works

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Compare multisig fees

The approximate cost of Tron multi-signature transaction on blockchain.

TotalSig

$0.47

Other wallets

$9.40

How this works?



Tokens

Tron TRC721

TRC-721 tokens are unique digital assets on the Tron blockchain, similar to Ethereum's ERC-721 . These tokens represent ownership of distinct items, collectibles, and digital art. TRC-721 tokens empower creators and collectors by revolutionizing digital ownership and providing a platform for one-of-a-kind digital assets.

Tron TRC10

TRC-10 tokens are native tokens on the Tron blockchain, allowing developers to create and manage their own digital assets. These tokens enable various use cases within the Tron ecosystem, including decentralized applications and smart contracts, enhancing Tron's capabilities and expanding its utility.

Tron TRC20

TRC-20 tokens are a technical standard on the Tron blockchain, similar to Ethereum's ERC-20. They enable the creation and management of smart contracts and various decentralized applications (DApps) on the Tron network. TRC-20 tokens facilitate seamless integration and utility within the Tron ecosystem.

Reasons to use Multisig wallet

Increased Security

Traditional single-signature wallets require only one private key to access and move funds. If the key gets compromised, the funds can be stolen. Multisig wallets require multiple private keys to gain control of the wallet - therefore if a key get compromised, the funds in wallet remain safe.

Risk Mitigation and Business Continuity

If one of the keys is lost or inaccessible, transactions can still be authorized using the remaining keys, preventing complete loss of access to the wallet.

Shared Ownership

Multisig wallets are ideal for group control group of fund. For example, in a business, transaction might require approval from multiple individuals before being authorized. Multisig wallets ensure that no single person can unilaterally access the funds.

Decentralized Organizations

Decentralized organizations and projects can use multisig wallets to manage funds and make decisions collectively.

Frequently Asked Questions

How do I get Tron wallet address?

Create a wallet in TotalSig app, and you will be agiven a public address. You can see and copy you wallet address by clicking on a newly created wallet.

How to create a multisig wallet Tron?

To create Tron multisig wallet:1. Open TotalSig and click 'Add multisig wallet' button.2. Choose Ethereum network, number of participants and number of required confirmations, for example 2-of-3 (any 2 signatures from 3 participants are required to approve the transaction) and click Create button.3. Copy session ID, share it with other wallet participants and wait them to join the wallet.4. Wait few more seconds for wallet to be created, and voila! your multisig wallet has been created!

How to receive Tron?

Go to your wallet and find your public address. Share this address with the sender. The funds will appear in your wallet after the transaction is confirmed on the blockchain.

How to send Tron?

Open your wallet and click on the Send button, fill the transaction details and click continue. If it is a multisig wallet, wait until other participants have signed the transaction.

What is Tron wallet?

A Tron wallet is a digital tool that lets you store, send, and receive Tron and tokens built on the Tron blockchain, such as USDT TRC20. It has a public address for receiving funds and a private key for authorizing transactions

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