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#hive

Hive Multisig is live!

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Hive Multisig is finally live at this address! If you don't know what Hive Multisig is, I encourage you to read this article.

/!\ Do not play with the Update Account section and update your weights and thresholds if you don't know what you are doing ;)

Hive Multisig in action

Using this dApp you can update your account keys, initiate multisig transactions, and receive multisig transactions initiated by another user.

In the video below, I am connecting on two different accounts (@stoodkev and @lecaillon), knowing that @lecaillon account has a threshold of 2 on its active key, and that @stoodkev has authority over it with a weight of 1. This means that @lecaillon needs to sign and also obtain @stoodkev signature to perform an active authority operation (here a transfer)

This is how it goes:

  • Both accounts login to the service (you can see two signatures for each because we register both the posting and active key).
  • @lecaillon initiates a transfer
  • @lecaillon signs the transfer
  • @lecaillon encodes the operation for other potential signers
  • As a potential signer, @stoodkev immediately receives the signature request
  • @stoodkev decodes the signature request
  • @stoodkev agrees with the transfer and thus, signs it
  • The backend acknowledges that there are enough signatures and notify @stoodkev that he can broadcast the transfer
  • The transfer is broadcasted successfully

Repositories

Of course, all this work is opensource and can be found on our Github:

Going further

We now have a workable Beta but there is still much that can be done to make this better. In the coming month we will focus on :

  • SDK Documentation: So that dApps can easily use the SDK to perform multisig requests
  • Gathering user feedback and making the necessary changes

More long-term goals include :

  • Decentralizing the multisig backend
  • Providing multisig bots, to give more granularity to Hive keys (more on that later)
  • DevOps work to get a more robust architecture

Comments · 27

  • @smartdan(12)· 362d

    Great

  • @shortsegments(78)· 1027d

    Thank you for this development.

  • @th4488(62)· 1058d

    Great job man👌

  • @vero10h(75)· 1063d

    How great this is @stoodkev, I love it! 😍

  • @isbelhiv02(73)· 1067d

    That is amazing is a great update

  • @tasco111(33)· 1067d

    Wow, nice, let get started

  • @tuisada(61)· 1067d

    What an awesome announcement. I believe this is a very important stepping stone towards decentralization of Hive and the projects that will be building on top of it. 😃👏

    !ALIVE

  • @virtualgrowth(72)· 1068d

    This is awesome to see! Keep up the great work!

  • @ycarola(59)· 1068d

    I like this type of information, I am not very skilled with some functions but I use the Keychain and I will be waiting for new updates.

  • @pizzabot(60)· 1068d

    PIZZA!

    $PIZZA slices delivered: @torran(8/10) tipped @stoodkev

  • @torran(60)· 1068d

    !PGM !PIZZA !CTP

  • @beerbod(66)· 1069d

    Its projects like these which makes Hive even greater. Thanks so much.

  • @hivebuzz(74)· 1069d

    Congratulations @stoodkev! Your post has been a top performer on the Hive blockchain and you have been rewarded with this rare badge

    Post with the highest payout of the day.

    You can view your badges on your board and compare yourself to others in the Ranking If you no longer want to receive notifications, reply to this comment with the word STOP

  • @kkarenmp(82)· 1069d

    No entendi muy bien pero lo voy a usar para familiarizarme. Saludos

  • @jonsnow1983(76)· 1069d

    Outstanding contributions team. Let's keep building!

  • @andablackwidow(69)· 1070d

    Great! But why are there Day/Hour/Min controls for expiration when max allowed time is 1 hour?

  • @tobetada(77)· 1070d

    thanks a bunch!

  • @deanliu(83)· 1070d

    Fantastic! sounds cool. Maybe you can consider writing a post to give some use case examples? 😄

  • @forykw(71)· 1070d

    Nice, I can start with my creativity now =)

    Seriously, this is a waited one for me. Will play with it on my vacations.

  • @oredebby(71)· 1070d

    Welldone team

  • @nonameslefttouse(77)· 1070d

    That's pretty cool Stoodkev.

  • @claudio83(82)· 1070d

    Another great news for Hive

    @tipu curate

  • @kawsar8035(75)· 1070d

    I use keychain. I like it's features and its services. Thanks for sharing update

  • @dalz(81)· 1070d

    Hope this to be used by Apps for building trustless pools of assets and manage them in a decentralized manner. One important use case would be bridges to other chains.

  • @hivebuzz(74)· 1070d

    Congratulations @stoodkev! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

    You received more than 76000 HP as payout for your posts, comments and curation.
    Your next payout target is 78000 HP.
    The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

    You can view your badges on your board and compare yourself to others in the Ranking If you no longer want to receive notifications, reply to this comment with the word STOP

  • @incublus(79)· 1070d

    That's a good update, man. I'm using Keychain and I'll try this feature too.

  • @haveyoursay(67)· 1070d

    Good job buddy :)

Hive Multisig is live! — scrobble.life