Please read this first: Advanced EOS Multisignature Tutorial to understand EOS Multisignature
Recommend: Using Scatter Desktop, not Scatter extension on Chrome
Look at my testing account first:
What is the problem here?
If I lose my Active Key, I can use my Owner Key to change it.
- If someone steals my Owner Key, that bad guy can take over my account. I will lose it forever.
To avoid that, we should apply Multisig Structure on our EOS accounts.
1. Set up multisig permissions on your account:
Login
your EOS account with yourOwner Key
on bloks.io => Wallet => Permissions Manager
I focus on
Owner
first. You can use this guide for your Active later. Let's change it.
What changes on the above picture:
* Owner is the first layer, so let its Parent blank
1)Threshold: 2 (always >= 2)
2)Keys: delete all keys (because a key without the highest threshold cannot make a msig transaction)
* We should use accounts, please prepare the number of accounts > Threshold. In this guide, I prepare 3 accounts. The reason is that if you lose 1 account, you still have 2 left to make a msig transaction
3)Accounts: add 3 accounts 13jjjjjjjjjj@active
, iloveueosdac@active
, and 1rtkjeosdac1@active
with threshold 1
for each
Click
Save Permission
When completed, check out your account permissions
2. Create a msig transaction (change permissions, tranfer tokens, stake, unstake, delegate, undelegate, buy/sell RAM, etc.):
In this guide, I am gonna transfer tokens
Pick up 1 of 3 accounts to
login
(I choose13jjjjjjjjjj@active
) and turn onMultisig Mode
Go to Wallet => Transfer Tokens
Click
Transfer 0.01 EOS to iloveueosdac
Then, you will turn to Propose Multisig Transaction
Put on the transaction information
* Proposal name: put on anything you want, but it is not longer than 12 characters
* Requested Approvals: my Owner Threshold is 2, so just pick up 2 of 3 accounts
* Authorization: put on your Sender account. Here is account4test
and owner
(I put on owner
because all of my Requested Approvals are on Owner Permissions)
* Data: from: change 13jjjjjjjjjj
to account4test
(tranfer tokens from account4test
, not 13jjjjjjjjjj
)
Click
Propose
When completed, click on
msigtxtest
Turn off
Multisig Mode
Use the first approval account
13jjjjjjjjjj
and clickApprove Transaction
Logout
andLogin
the second approval accountiloveueosdac
and clickApprove Transaction
Now you have 2 approvals, then click
Execute Transaction
Congratulations! Your msig transaction is done!
When completed, click F5 and you will see
Check out the transaction on
account4test
That's all. Hope that helps you :)
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wow...... i have been looking for this.
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I thought chrome extensions for Scatter are no longer safe
https://medium.com/coinmonks/advanced-eos-multisignature-tutorial-bf4da94f8360
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The side article is just used for clearly explaining the Multisig Structure.
Scatter Desktop is recommended.
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ok, thanks
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Small addition: 2)Keys: delete all keys (because a key without the highest threshold cannot make a msig transaction)
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