🔐 Creating a BTC Multi-Signature Wallet with TokenPocket
Bitcoin Multi-Signature (Multi-Sig) is a security feature that requires multiple private keys to authorize a single transaction. This mechanism greatly enhances wallet security and is ideal for:
🔒 Asset protection
👥 Team-based fund management
🏦 Institutional custody
Whether you're managing personal assets or working with a group, Multi-Sig offers an added layer of protection by preventing any one party from having full control over the funds.
BTC Multi-Sig Tutorial:
1. Open TokenPocket: Click on the create wallet menu, select [Multi-Sig Wallet], and then [Create Wallet].
2. Select Bitcoin Blockchain: The multi-sig creation process involves 5 steps, simplified for ease of use. Confirm the process and click [Next].
3. Choose Address Type: You can select the [Address Type], usually the default P2WSH type is recommended. For more information on address types, click [About Address Type] at the bottom.
4. Add Manager Public Keys: There are three ways to add:
• Enter the BTC address public key directly.
• Click [Scan] to import by scanning the public key QR code.
• Import directly from an existing BTC wallet address in TokenPocket.
5. Set Threshold and Management Addresses: Similar to EVM or TRON, if you set up 3 management addresses, you must configure the [Required Signatures]. For example, a 2/3 setup allows transactions even if one management address is lost, as the remaining 2 can authorize. Adjust the management addresses and threshold based on individual or team needs. Finally, click [Generate Multi-Sig] to complete the creation of the BTC multi-signature wallet.
