<oembed><type>rich</type><version>1.0</version><author_name>npub1s4lj77xuzcu7wy04afcr487f0r3za0f8n2775xrpkld2sv639mjqsd44kw</author_name><author_url>https://nostr.ae/npub1s4lj77xuzcu7wy04afcr487f0r3za0f8n2775xrpkld2sv639mjqsd44kw</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2014-03-10&#xA;📝 Original message:Multisig is orthogonal to the payment protocol (but payment protocol is&#xA;needed first).&#xA;&#xA;There need to be protocols for:&#xA;&#xA;a) Establishing multisig wallets of various sorts. See:&#xA;  https://moqups.com/gavinandresen/no8mzUDB/&#xA;  https://moqups.com/gavinandresen/no8mzUDB/p:ab18547e0&#xA;... etc.  for a UI mock-up.&#xA;  There needs to be some protocol so all participants in a multisig wallet&#xA;contribute keys (actually, we should just assume everybody uses BIP32 HD&#xA;public keys so we get privacy from the start).&#xA;&#xA;Multi-person shared wallets, escrows, and &#34;wallet protection service&#34;&#xA;wallets (which might be protected with two-factor authentication) are&#xA;different use cases and probably use slightly different protocols (and will&#xA;probably need different BIPs eventually).&#xA;&#xA;&#xA;b) Gathering signatures for a multisig spend. Here is where the payment&#xA;protocol is useful; the PaymentRequest message should be passed around so&#xA;all participants know what is being paid for, and maybe a partially-signed&#xA;Payment message is where the signatures are gathered (or maybe the&#xA;signatures are sent separately and one of the participants creates and&#xA;submits the Payment and gets the PaymentACK... &#34;to be designed&#34;).&#xA;  See:&#xA;    https://moqups.com/gavinandresen/no8mzUDB/p:a7e81be96&#xA;    https://moqups.com/gavinandresen/no8mzUDB/p:af7339204&#xA;... for UI mock-up for the multi-person-spend case.&#xA;&#xA;And maybe a protocol for &#34;I don&#39;t want to be part of this multisig any more&#xA;/ I lost control of my private key don&#39;t trust me in this multisig any&#xA;more&#34;.&#xA;&#xA;&#xA;&#xA;On Mon, Mar 10, 2014 at 8:14 PM, Jeff Garzik &lt;jgarzik at bitpay.com&gt; wrote:&#xA;&#xA;&gt; All of that only melds with the payment protocol under an extremely&#xA;&gt; expansive definition of &#34;payment.&#34;  The payment protocol is really&#xA;&gt; geared towards a direct one-to-one relationship....&#xA;&#xA;&#xA;&#xA;&gt;&#xA;&gt;&#xA;--&#xA;Gavin Andresen&#xA;-------------- next part --------------&#xA;An HTML attachment was scrubbed...&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140310/1ce818ae/attachment.html&gt;</html></oembed>