Chapter 3.1 Degrading Multisig (Case Study)

[jachiang]

Case study for a 3/5 Multisig output, which is recoverable by backup keys after delay.

• 3/3 multisig
  • Requires 3 main wallet keys
• 3/5 multsig spendable after 3 days
  • Requires 1 backup key
• 3/5 multisig spendable after 10 days
  • Requires 2 backup keys

Main wallet keys can sign interactively. Backup keys cannot.

TODO's.

• [x] Finish Solutions
• [ ] Add graphics?

[jnewbery]

rebased on master

[jnewbery]

rebased on master

[jnewbery]

Added my review markups