Post
Topic
Board Project Development
Re: Multi Signature Address Script and Escrow Service
by
OutCast3k
on 22/01/2014, 16:46:16 UTC
In my case I'm trying to use coinb.in to create and use a 2-of-2 address, but I'm stuck. I've done all the operations below from coinb.in:

1 ) generated 2 sets of Bitcoin keys (so 2 addresses, 2 public uncompressed keys, and 2 private keys)
2 ) generated a 2-of-2 p2sh address using the public keys from step #1
3 ) sent 0.0022 BTC to that p2sh address

So far so good. The funds are in the p2sh address, with 12 confirmations as I type this.

This is where the problems begin.

When creating a transaction, it looks like it doesn't support sending to p2sh addresses  Shocked, so I can't send change back to the address that I just created, nor to any other p2sh address (I have tried a couple of them). It only generates the transaction hex when I use non p2sh addresses. That is a significant issue for me. I really need to send the change back to the same address.

Anyway, I decided to retrieve the BTC back to one of my non p2sh addresses, and I'm still stuck. Here's the steps I've taken:

4 ) generate new transaction using redeem script from step #2, sending 0.0021 to a normal bitcoin address and with 0.0001 fee. Transaction hex is generated successfully.
5 ) verify the transaction hex from step #4. the verification is successful, and the input and outputs look OK.
6 ) sign transaction hex from step #4 with first private key from step #1
7 ) sign transaction hex from step #6 with second private key from step #1
8 ) broadcast the transaction hex from step 7
"TX rejected" Sad

I noticed that the signed transaction hex from steps #6 and #7 cannot be verified like the original transaction hex in step #5, with "Unable to decode" error. However when pasting those same hex strings to https://coinb.in/decode-raw-transaction.html it decodes them successfully.

Any idea what could be going wrong with this?

Hey ktorn,

I'll get the issue sorted with not being able to send back to multi sig addresses, but first lets find out what went wrong when building a serialized/hex transaction and recover your funds.

If you cant pop back on IRC (I missed you by 15 minutes), and you're still having problems, can you PM me the following;

1, the public keys you used.
2, the minimum number of signatures required you set.
3, the address and redeemScript it generated for you.

Thanks.