Editing Multisig | Bitcointalksearch.org

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Quote from: achow101 on July 15, 2015, 10:00:42 AM

You cannot. Once a multisig address is created, only those public keys associated with it are the only ones that can spend from it. If you want to change something, the address will change. Adding or removing signers or changing the number required will result in a new multisig address. The funds will stay in the old address and can be moved to the new one if all of the signers agree.

Great explanation. That helped clear it up. Thanks

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

You cannot. Once a multisig address is created, only those public keys associated with it are the only ones that can spend from it. If you want to change something, the address will change. Adding or removing signers or changing the number required will result in a new multisig address. The funds will stay in the old address and can be moved to the new one if all of the signers agree.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

I am guessing the answer is no?

Just trying to figure things out.

I have multisig through coinbase, but they control it so I can't really get at it very well so I am not sure.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

I was wondering if I made a multisig account if I can edit the M of N? Like add signers, or change the M to a lower number while keeping the funds in the account? Or do I need to move all the bitcoin to another account set up the way I like?

Topic: Editing Multisig (Read 816 times)