Ethereum: How to create the same (2 of 3) multisig adresses as electrum’s multisig wallets with createmultisig?

Create Multisig titles with the “Createmultisig” command of Electrum

In this article, we examine how to create two of the three Multisig titles with the electrum console and its “Createmultis” command. This is a useful tool for providing Ethereum private keys and handling access to multiple accounts.

Background of Multisig wallets

Multisig wallets are designed to make more people or organizations contribute to the security of the Ethereum title, while still spending only one person to spend funds from the wallet. In this case, two of the three multisiga titles are created using public keys, not a master of private keys.

The electrum Createmultisig command

The “Createmultis” command is an effective tool for creating multisig wallets. This allows you to generate more multisit titles with different key sizes and configurations.

Here are the general steps to create two of the three Multisig titles with the Electrum “Createmultis” command:

• Start the electrum

  

  : Start by starting the electrum console on your computer.

• Set the electrum wallet : If you haven’t done so, set an electrum wallet with the private keys with both public keys we create.

• Multisig Generation : Run the following command in a new terminal window:

`

Elektrum Createmultisig 2 ‘[“1. Public Key Wallet 2”] “

`

This generates three multis titles with different key sizes and configurations.

Example Output

Here’s an example output from the above command:

`

Multisig title key size

1. Public key wallet 1:

* Master Private Key: 0x1234567890ABCDEF (512 bit)

* Second Private Key: 0x8765432109876543210 (256 bit)

* Third Private Key: 0x345678901234567890 (384 bit)

2. Public key wallet 1:

* Master Private Key: 0x1011112131415 (512 bit)

* Second Private Key: 0x22234455667789 (256 bit)

* Third Private Key: 0x333344555667789 (384 bit)

3. Public Key Wallet 2:

* Master Private Key: 0x9012345678901234567 (512 bit)

* Second Private Key: 0x1111222223345556 (256 bit)

* Third Private Key: 0x222222333445556 (384 bit)

`

Create a single Multisig title

To create a single multisigmit, you can use the following command using these two wallets:

`

Elektrum Createmultisig 1 ‘[“1. Public key wallet 1”, “3. Public Key Wallet 2”] “

`

This generates a multisig title that uses both public keys.

Conclusion

Creating Multisig titles with Electrum’s “Createmultisig” command is a convenient and effective method to manage multiple drawers in Ethereum Private Keys. By following these steps, you can create two of the three multis titles using public keys, not a master of private keys. This setting allows you to safely share access to the funds between multiple persons or organizations, while continuing to maintain individual checks.