Can you combine 2 of 3 brain wallet addresses to form a multi-address?

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Is there a way to use 2 of 3 brain wallet addresses to create a multi-signature address? How can this be done? I was hoping to do this with warp wallet if that is possible or not.

I'm assuming it would be like this:

  • 3 people create their own brain wallet address via warp wallet tool.
  • These 3 people put their address through a multi-sig tool?
  • The tool spits out a 4th address that is the funding address?

FYI, I never did a multi-signature send before so I'm just assuming that's how it would work. If not, please correct my view of how it actually works if you were to use a brain wallet.

Patoshi パトシ

Posted 2016-07-01T16:31:01.017

Reputation: 8 911

Answers

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I'm not familiar with warp wallet, but this can be done via Armory. First generate the brainwallet addresses. Second import the private keys into 3 different wallets in Armory. Third, create a lockbox using those 3 addresses. Voila, you have a multisig address that can be sent to.

Jimmy Song

Posted 2016-07-01T16:31:01.017

Reputation: 7 067

what is a lockbox? how can u do this without armory? dont i have to download the entire blockchainPatoshi パトシ 2016-07-02T03:40:09.093

you do have to download the blockchain to work with armory. Lockbox is a feature in Armory itself. You can also look into BitGo.Jimmy Song 2016-07-02T13:50:28.853