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Topic: pay-to-taproot multisig wallet? (Read 214 times)

legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
August 30, 2024, 07:56:09 AM
#10
Does Passport wallet support pay-to-taproot multisig?
It depends. Passport is an airgapped hardware wallet. So this would depend on the wallet you are connecting it to. As far as I know, Sparrow wallet is still the best or one of the best wallets that you can use with Passport hardware wallet but it is not have pay-to-taproot for multisig purpose.

I have made research on SPV wallets that I can use as multisig pay-to-taproot but I found none. It would have been the wallet that I would have been using by now.

I think there is something off about P2TR multisig wallet. People would have preferred it as their choice for multisig wallet but no SPV wallet that is supporting it, or none that I know of.
hero member
Activity: 406
Merit: 443
August 30, 2024, 07:46:04 AM
#9
You may add Passport to the list of HW. This wallet is friendly to both taproot (supported in full) and multisig. Combined with Sparrow  it is probably  the nice option  for creation multisig wallet for Taproot transactions. Will test such setup  at my spare time.
Does Passport wallet support pay-to-taproot multisig?
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
August 29, 2024, 08:00:02 AM
#8
Bitcoin Core should definitely support pay-to-taproot multisg wallets because they let you construct raw transactions with custom scriptpubkeys and signatures so I would be surprised if this was not possible with this wallet. Maybe utilizing the partial transaction RPCs. Sparrow wallet might support this too I think, but I am not very sure. And that's about it.
hero member
Activity: 714
Merit: 1298
August 29, 2024, 04:11:34 AM
#7
]

Hardware wallets supporting Taproot:



You may add Passport to the list of HW. This wallet is friendly to both taproot (supported in full) and multisig. Combined with Sparrow  it is probably  the nice option  for creation multisig wallet for Taproot transactions. Will test such setup  at my spare time.
newbie
Activity: 17
Merit: 4
August 24, 2024, 09:34:43 AM
#6
It just happed I've recently launch this wallet.

https://wiki.distributedcryptography.com/wiki.aspx?1049,Delegated+Multisignature

Here you can see true Taproot K of N multisig.

You can test it on TestNet

I use Multy spending paths (address and script) with Huffman TapTrees, so you could have a 2 of 100 multisg and pay very little of transaction fee and only reveals the 2 public keys of the 2 signatures, the other 96 address are NEVER revealed.

:-)

legendary
Activity: 2534
Merit: 6080
Self-proclaimed Genius
August 24, 2024, 09:27:24 AM
#5
Do not be surprised if these others wallets do not support what OP was looking for.
AFAIK, P2TR MultiSig has been supported by Bitcoin Core ever since it supported TapRoot descriptors,
But just like its Legacy/SegWit P2SH MultiSig, it requires technical knowledge about "BIP341" and "Descriptors".

It added another layer of complexity compared with the non-P2TR MultiSig,
So I'm not surprised if it's rarely utilized by the majority of Bitcoin Core users.

This (descriptors): https://github.com/bitcoin/bitcoin/blob/master/doc/descriptors.md#examples
And this (BIP341): https://github.com/bitcoin/bips/blob/master/bip-0341.mediawiki#constructing-and-spending-taproot-outputs
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
August 24, 2024, 02:54:09 AM
#4
Currently, there are two wallets that support P2TR and multi-sig but I am afraid none of them are going to be useful in this case cause these two come only with a subscription so it is going to cost a few hundred bucks a year.


For multi sig try to check the Nunchuk
Sparrow has been supporting P2TR not long after Taproot was implemented or activated but it does not have P2TR multisig but P2TR single sig. Do not be surprised if these others wallets do not support what OP was looking for. I do not think they are supporting it either. Just supporting the one for single signature.
sr. member
Activity: 504
Merit: 279
September 08, 2023, 11:11:51 AM
#3
Pay-to-taproot addresses for Single sig aren’t even that much to begin with since it is new. The difference with native segwit (Bech32) in terms of transaction fee is not that much In fact. The only place it edges segwit is when there is many inputs compare to outputs.

You can check here to see wallets that fully support P2TR because most of the wallets on your quote do not fully support both sending and receiving using it.

For multi sig try to check the Nunchuk
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
September 08, 2023, 11:01:43 AM
#2
but I couldn't find a wallet that supports pay-to-taproot multisig, does anyone know any wallet support it?
Currently, there are two wallets that support P2TR and multi-sig but I am afraid none of them are going to be useful in this case cause these two come only with a subscription so it is going to cost a few hundred bucks a year.


Yesterday we were talking about how multisig transaction fees can be extremely low using P2TR

Yeah, you are right with P2TR (Pay to Taproot) multi-sig the size of the transaction will be almost half that of size P2WSH (Pay to Witness Script Hash) transactions but still it may take a while for the wallet developers to come up with stable version which supports P2TR multisig.
hero member
Activity: 406
Merit: 443
September 08, 2023, 08:49:26 AM
#1
Yesterday we were talking about how multisig transaction fees can be extremely low using P2TR but I couldn't find a wallet that supports pay-to-taproot multisig, does anyone know any wallet support it? This is a list of wallets that support taproot, if anyone can try if multisig is available it would be helpful.

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