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@ -90,7 +90,7 @@ the command line in case `bitcoin-cli` is used.
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Setup:
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Setup:
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- All three call `getnewaddress` to create a new address; call these addresses
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- All three call `getnewaddress` to create a new address; call these addresses
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*Aalice*, *Abob*, and *Acarol*.
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*Aalice*, *Abob*, and *Acarol*.
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- All three call `getaddressinfo X`, with *X* their respective address, and
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- All three call `getaddressinfo "X"`, with *X* their respective address, and
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remember the corresponding public keys. Call these public keys *Kalice*,
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remember the corresponding public keys. Call these public keys *Kalice*,
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*Kbob*, and *Kcarol*.
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*Kbob*, and *Kcarol*.
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- All three now run `addmultisigaddress 2 ["Kalice","Kbob","Kcarol"]` to teach
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- All three now run `addmultisigaddress 2 ["Kalice","Kbob","Kcarol"]` to teach
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@ -105,28 +105,28 @@ Setup:
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output. Again, it may be necessary to explicitly specify the addresstype
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output. Again, it may be necessary to explicitly specify the addresstype
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in order to get a result that matches. This command won't enable them to
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in order to get a result that matches. This command won't enable them to
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initiate transactions later, however.
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initiate transactions later, however.
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- They can now give out *D* as address others can pay to.
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- They can now give out *Amulti* as address others can pay to.
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Later, when *V* BTC has been received on *Amulti*, and Bob and Carol want to
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Later, when *V* BTC has been received on *Amulti*, and Bob and Carol want to
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move the coins in their entirety to address *Asend*, with no change. Alice
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move the coins in their entirety to address *Asend*, with no change. Alice
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does not need to be involved.
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does not need to be involved.
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- One of them - let's assume Carol here - initiates the creation. She runs
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- One of them - let's assume Carol here - initiates the creation. She runs
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`walletcreatefundedpsbt [] {"Asend":V} 0 false {"subtractFeeFromOutputs":[0], "includeWatching":true}`.
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`walletcreatefundedpsbt [] {"Asend":V} 0 {"subtractFeeFromOutputs":[0], "includeWatching":true}`.
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We call the resulting PSBT *P*. P does not contain any signatures.
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We call the resulting PSBT *P*. *P* does not contain any signatures.
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- Carol needs to sign the transaction herself. In order to do so, she runs
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- Carol needs to sign the transaction herself. In order to do so, she runs
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`walletprocesspsbt P`, and gives the resulting PSBT *P2* to Bob.
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`walletprocesspsbt "P"`, and gives the resulting PSBT *P2* to Bob.
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- Bob inspects the PSBT using `decodepsbt "P2"` to determine if the transaction
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- Bob inspects the PSBT using `decodepsbt "P2"` to determine if the transaction
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has indeed just the expected input, and an output to *Asend*, and the fee is
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has indeed just the expected input, and an output to *Asend*, and the fee is
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reasonable. If he agrees, he calls `walletprocesspsbt "P2"` to sign. The
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reasonable. If he agrees, he calls `walletprocesspsbt "P2"` to sign. The
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resulting PSBT *P3* contains both Carol's and Bob's signature.
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resulting PSBT *P3* contains both Carol's and Bob's signature.
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- Now anyone can call `finalizepsbt "P2"` to extract a fully signed transaction
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- Now anyone can call `finalizepsbt "P3"` to extract a fully signed transaction
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*T*.
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*T*.
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- Finally anyone can broadcast the transaction using `sendrawtransaction "T"`.
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- Finally anyone can broadcast the transaction using `sendrawtransaction "T"`.
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In case there are more signers, it may be advantageous to let them all sign in
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In case there are more signers, it may be advantageous to let them all sign in
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parallel, rather passing the PSBT from one signer to the next one. In the
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parallel, rather passing the PSBT from one signer to the next one. In the
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above example this would translate to Carol handing a copy of *P* to each signer
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above example this would translate to Carol handing a copy of *P* to each signer
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separately. They can then all invoke `walletprocesspsbt P`, and end up with
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separately. They can then all invoke `walletprocesspsbt "P"`, and end up with
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their individually-signed PSBT structures. They then all send those back to
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their individually-signed PSBT structures. They then all send those back to
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Carol (or anyone) who can combine them using `combinepsbt`. The last two steps
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Carol (or anyone) who can combine them using `combinepsbt`. The last two steps
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(`finalizepsbt` and `sendrawtransaction`) remain unchanged.
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(`finalizepsbt` and `sendrawtransaction`) remain unchanged.
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