BIP38 on multisig? Does it work?

0

I was making a multisig account with 3 of my Bitcoin addresses. The multisig account needs 2 of 3 private key to spend the Bitcoins in there. Then, I came up with an idea that nobody on the internet (at least, nobody on the first page on google) had tried or thought about.

Can I use BIP38 encryption on the private keys (in multisig)?

Tor

Posted 2014-10-30T09:18:26.017

Reputation: 109

Answers

1

Yes, you can use BIP38 with multisig.

It's not exactly a brand new idea, though. I've spoken with some people from Gem (https://gem.co/), that's exactly what their API lets you do.

morsecoder

Posted 2014-10-30T09:18:26.017

Reputation: 12 624

Thanks man. You maked me thinking twice and now I understand it :D – Tor – 2014-10-30T16:50:05.800

Asked: 2014-10-30T09:18:26.017

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Active: 2014-10-30T15:16:39.330