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@theymos - Request: Multisig addresses for treasurers
by
EcuaMobi
on 13/05/2019, 19:35:02 UTC
⭐ Merited by Vod (5) ,joniboini (5) ,paxmao (3) ,malevolent (3) ,redsn0w (3) ,DdmrDdmr (2) ,LoyceV (2) ,coinlocket$ (2) ,JayJuanGee (1)
This has been suggested several times and I think it's extremely important. I see it as essential for the forum's funds security and I don't see any disadvantages at all. Current treasurer OgNasty agrees multisig should be used.

I would suggest choosing several very trustworthy users and creating x-in-y addresses, where x is at least 3 (to avoid collusion) and y is at least x+2 (to avoid an accident to lock the funds). 4-in-7 addresses could be a good option. Theymos, is there any reason this hasn't been implemented yet? What are the disadvantages? Funds have been lost and more could be lost in the future.

Local rule:
Vod can't quote or mention OgNasty, directly or indirectly.
OgNasty can't quote or mention Vod, directly or indirectly.