How do I revoke a multisig transaction?

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Let's say that I am using 2 of 3 multisig. I know how to use signrawtransaction and sendrawtransaction to send the funds if at least 2 of the parties have agreed on the transaction, but I don't know how to revoke it and send the funds back to the first person.

How do I do that?

user3776241

Posted 2017-10-10T01:11:55.680

Reputation: 103

Answers

0

You simply can't 'revoke' transactions. If the output defines a 2-of-3 restriction, 2 of the 3 keys must sign the transaction spending it. If no two parties will agree to sign a transaction spending the output, the money is simply lost.

Anonymous

Posted 2017-10-10T01:11:55.680

Reputation: 10 054

Asked: 2017-10-10T01:11:55.680

Viewed: 60 times

Active: 2017-10-10T01:22:52.333