Topic: Best way to create Shared group wallets/addresses? (Read 578 times)
Yeah, use one communal bitcoin address and share the private key. Trust each other. That's the future anyway, more trust, less central authority.
We've got a bit of a group going locally now, and we're thinking about a list of Bitcoin addresses for bounties and tips - stuff like getting flyers printed locally, website work, etc.
It would be nice to a) keep track of these separately, and b) distribute control a bit between the group to avoid bottlenecks and/or people running off with the coin.
For (a) we can just set up a new wallet isolated from others. But what's the best way of achieving (b)? I figure some kind of multi-holder setup is best, ie. 3 out of 5 people have to OK the coins being released from an address, but never really used this kind of transaction in anger.
Any pointers?
It would be nice to a) keep track of these separately, and b) distribute control a bit between the group to avoid bottlenecks and/or people running off with the coin.
For (a) we can just set up a new wallet isolated from others. But what's the best way of achieving (b)? I figure some kind of multi-holder setup is best, ie. 3 out of 5 people have to OK the coins being released from an address, but never really used this kind of transaction in anger.
Any pointers?
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