How to Create a Multisig Wallet

Creating a multisig wallet with TotalSig involves a few key steps. This kind of wallet requires multiple signatures for transactions, providing an added layer of security. Here's a general guide:

Open TotalSig Extension

  • Access the TotalSig extension by clicking on its icon in your browser's extension area.
  • Look for an option like "Create New Wallet" or "Add Multisig Wallet" in the TotalSig interface.

Choose Blockchain Network

  • Select the blockchain network for your multisig wallet (e.g., Bitcoin, Ethereum).

Set Multisig Parameters

  • Define the number of participants in your multisig wallet.
  • Decide the required number of signatures for authorizing transactions (e.g., 2-of-3, where 2 out of 3 signatures are needed).

Invite Participants

  • If TotalSig allows, invite other participants by sharing a unique wallet creation link or session ID.
  • Each participant will need to join the wallet creation session.
Adding and Managing Wallets Receiving Assets