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0 sats \ 1 reply \ @unspentspace 25 Jul 2023 \ on: Benefits and risk of using multi-signature Bitcoin wallets bitcoin
I'm not sure this is the math, doesn't it depend on your signature threshold?
3. Potential for Disputes: In a shared wallet scenario, disagreements over transactions could occur. If one party refuses to provide their signature, transactions can't be processed. Essentially, all parties have a 'veto' power.
It is not that often that you would have a dispute where disagreement will be such that the threshold of signers will not agree on closing the mutisig to resolve a bad veto. They can reopen it without the vetoer
I thought the risk was that, because disputes are handled by closing the multisig, if you have to many disputes the transaction costs are high.
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0 sats \ 0 replies \ @OriginalSize 26 Jul 2023
Yes, depends on signature threshold. Overall it's a decent list. I'm not sure it's a big conversation starter but it's decent content. Good job OP!
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