Multi-sig transactions saflyly With Bitcoin.js
As a developer who iss Bitcoin.JS, you are likes to encunter the need to manage multiple. The Multi Signature (Multisig) is a hallette gives to authorize and validate events for address. In this article, we will look at how to create a safe and reliable multisig on Bitcoin.js.
Problem: OP_checksigadd
When using op_checksigadd
itdds one or more signatures to another public key. Howver, if a valid signature is one, the network is like to reject the event. To allviate this disk, we will a different approach use the OP_checkx and
op_equal3-2 throshold.
Creating secured multisig instaltation
To the crate a multisig installation at Bitcoin.JS, you must follow thees:
- This key ownd at least this signatures and at least two of the must be valid.
- Create a secondary account : Create another according to the account for a primemary account. This key owns the signatures (one signature is incorrect).
- Create a shared secret : Useop_checksig
to create a common secret between two accounts. This shared secret contains all the necessary for information for authorization.
- Make therd the secret : UseOP_Equal
sharedy and one secondary accountary account of signature to check.
sample code
Javascript
Const Bitcoinjs = Require (‘Bitcoinjs-Lib’);
// create a 3-2 throshold account
Const primaccountkey = ‘XPRV …’;
Const commissigpubkey1 = ‘XPRV …’; // 3 signatures
Const commissigpubkey2 = ‘XPRV …’; // 2 signatures
Const commissigpubkey3 = ‘XPRV …’; // Invalid signature
// creates a secondary account
Const secondaryaccountPubkey = ‘XPRV …’;
Const secondary1 = ‘XPRV …’; // less that 4 signatures (one is incorrect)
// Create a shared with the signatures of OP_checksig and one premry account
Async function Generatesharedsecret () {
Const SardecretpubKey = Wait Bitcoinjs.secp256k1.creakeypair (primaryaaccountkeyy);
Const Signature1 = Wait Bitcoinjs.secp256k1.Sign (Sardcretpubkey, Contracnsigpubkey1);
Const Signature2 = Wait Bitcoinjs.Secp256k1.Sign (Sardcretpubkey, ContractorPubkey2);
Const Signature3 = Wait Bitcoinjs.secp256k1.Sign (Sardcretpubkey, ContractorPubkey3);
Return {Sardcret: JSON.Stringify ({secret: Jatuttacretpubkey, signatures: [Signature1, Signature2, Signature3]})};
}
// To securi a shared secret UP_Equal whe secondary account signature
Async function verphysharedsecret (sardecret) {
Const {sardescret: {secret, signatures} = json.parers (sardecret);
Const Signature = Wait Bitcoinjs.secp256k1.Sign (secret, mixed gigmey1);
return signature === signatures [0];
}
// Example use:
Generatesharedsecret ().
Vailysharedsecret (ShareScret) .then (secure => console.log (s));
});
`
Best Practices
- Use safe and reliable seeds for your youworly account.
- Make of this all secondary accounts hve 4 4 signatures (one is incorrect).
- Keep a common secret to prevent unauthorized accesses.
- Consider thee more solid encryption library, souch as the `Bitcoinjs-seec1k1, it is a featty featery of safety.
By following thees and best practices, you can saflyly manage multiplesig in Bitcoin.js. Be it to carefully process sensitive information and Follow the instructions given by the Bitcoin.
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