A regular crypto wallet is like a one-person scooter: only you can drive it and control it. A multisig wallet is like a car with a driver and passengers: the driver starts the trip, but needs some passengers to agree before going anywhere. This makes it safer because no one can act alone.
1. Choose the kind of your wallet:
A multisig wallet is a wallet that requires multiple signatures to validate a transaction.
All
When you select the "All" type, then all the participants need to sign to make a transaction valid.
Any
When you select the "Any" type, then any of the participants can sign to make a transaction valid.
At least
When selecting the "At least" type, you also need to enter the "required" value. This is a number that tells you how many participants are required to sign a transaction to make it valid.
Before
The "Before" type will validate if the current slot is less than the slot selected. If the current slot is greater than the before value, this will NEVER validate!
After
The "After" type will validate if the current slot is greater than the slot selected. As soon as the current slot reaches the selected value, this will always validate.
Signatory
Signatories are the signers. You can add a keyhash or an address when creating a wallet. It is advised to only use contacts you trust, and that are not closely related to each other.
You can create any combination of rules based on the previous options to get the functionality you want to have.
2. Create your wallet:
3. Top up:
4. Stake:
5. Create tx:
6. Empty your wallet:
7. Control your privacy:
By default, keyPact servers do not track or transmit any data that will not eventually be posted on the Blockchain. You can enhance your privacy by selecting the "Disable All Sync" option in the setting menu. This will stop your instance from transmitting any new wallet, transaction or signature to the sync-service.
1. Connect your wallet:
2. Restore wallets:
3. Import wallet:
This is the manual way. If you are synced (connected wallet), the multisig will appear automatically at the import button. (Check the "Connect your wallet" video)
4. Import tx:
If you are synced (connected wallet), the transaction will appear automatically.
5. Import signature:
If you are synced (connected wallet), the signature will appear automatically.
A multisig wallet is like a car with a driver and passengers, where a specific number of passengers (e.g., all or some) must agree before the driver can start the trip. A smart wallet is an upgraded, customizable version of this car, equipped with a smart dashboard that lets the passengers collectively change the rules of the trip (e.g., from requiring “all passengers” to agree to “any passenger” agreeing) or even link the car’s operation to whoever holds a specific NFT key, even if that holder changes over time. This makes the smart wallet more flexible and adaptable than a standard multisig wallet.
1. Create smart wallet:
2. Update your wallet:
3. Import wallet:
4. Nft holder:
In smart wallets, the owner of an NFT has the right to sign. This means that if the NFT is transferred to a new owner, the signing authority also changes.
