What is multisig?
- Multisig is the abbreviation for multisignature. A multisig transaction requires at least two signatures to complete. It differs from common transactions that only require one signature for approval.
- Multisig is more suitable for assets that are co-managed by different users. Transactions can only be completed when receiving signatures from an enough number of users, which ensures asset security.
- Before you initiate a multisig transaction, you need to first configure the permission settings to allow other addresses to operate this account. For more information, please refer to Tutorial for the Multi-Signature Scheme.
How to use multisig delegation in TronLink App?
1. On the "Resources" page, tap "Multisig" in the upper-right corner of the screen.
2. Specify the multisig account.
a. You can select from the multisig account list below or add a new multisig account by manually entering an address or scanning a QR code.
b. Make sure you have the permission to delegate asset with this account. Accounts with the “Owner” permission or the “Delegate Resources” permission under “Active” are allowed to perform this action.
3. Tap "Delegate" and specify the receiving account.
a. The current wallet address is selected by default. You can also use another address by selecting from the address book, scanning a QR code, or copy-pasting.
4. Specify the delegation amount.
a. Enter the delegation amount in the field.
b. Choose whether to turn on the switch and lock the delegated resources for 3 days.
5. Submit the transaction and edit the multisig settings.
a. Select a permission group. Only accounts under the selected permission group are allowed to sign this transaction.
b. Specify the period of validity for signing, which should be no longer than 24 hours. The multisig transaction will fail if it does not receive enough signature within this period.
6. Upon completion, you can view the details and progress of this transaction in “Wallet Details” > “Multisig Transaction”.
How to use multisig reclamation in TronLink App?
1. On the "Resources" page, tap "Multisig" in the upper-right corner of the screen.
2. Specify the multisig account.
a. You can select from the multisig account list below or add a new multisig account by manually entering an address or scanning a QR code.
b. Make sure you have the permission to reclaim asset with this account. Accounts with the “Owner” permission or the “Reclaim Resources” permission under “Active” are allowed to perform this action.
3. Tap "Reclaim" and specify the receiving account.
a. Enter the amount of reclamation in the field.
b. You will see the amount of available/unavailable resources that you will gain after the specified amount of TRX is reclaimed.
4. Submit the transaction and edit the multisig settings.
a. Select a permission group. Only accounts under the selected permission group are allowed to sign this transaction.
b. Specify the period of validity for signing, which should be no longer than 24 hours. The multisig transaction will fail if it does not receive enough signature within this period.
5. Upon completion, you can view the details and progress of this transaction in “Wallet Details” > “Multisig Transaction”.