jamesahnking / MultiSigWallet

MultiSignature Crypto Wallet - Contracts, Migrations, and Tests

Home Page:https://jamesahnking.com/MultiSigWallet

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Multisig Wallet Quorum & Transfer - Contracts, Migrations, and Tests

What type of dapp is this?

A multi-signature wallet crypto wallet that runs on an Ethereum based blockchain.

SMMultiSig

Demo

Multi-signature wallet crypto wallet demo

What technolgies were used to build and test this dapp ?

  • React
  • Node
  • JavaScript
  • Solidity
  • CSS
  • Material UI
  • Truffle

How does the wallet work?

  • The MultiSig Quorum & Transfer MVP is a 2-of-3 signature address application.
  • Each address that is apart of the quorum can create a transfer by specifying an amount and a recipient.
  • Each approved address can also authorize a transfer.
  • Each transfer needs two approvals to release and send a payment.
  • Any unauthorized address that attempts to perform the actions of a member will be denied

Why are Multi-Sig wallets important?

  • Funds stored in a multi-sig wallet can be moved only if the multiple signatures are provided at the same time.
  • Each signature is generated through the use of a different private keys and designated the right to approve or propose and approve transactions and transfers of funds.
  • The most common signature combination is 2-of-3. It means only two signatures are enough to access or perform an operation on the funds of a 3-signature address.

What is a Quorum?

The minimum number of designated addresses that must approve a transfer before it can be sent to a recipient.

About

MultiSignature Crypto Wallet - Contracts, Migrations, and Tests

https://jamesahnking.com/MultiSigWallet


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Language:JavaScript 74.9%Language:Solidity 25.1%