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RE: Steem Multisig Wizard: Dev Blog 1: Creating a multisig address

Very nice solution! I am already excited that this step is feasible with the "normal" methods of the blockchain.

we can irreversibly convert an existing Steem account (@multisigtest01) to Multisig.

I assume it is irreversible, as there is no way (yet) to change the multisig account data. This would now also require multiple signatures and there is probably no operation for this (yet), is there? But that also means that other account data that require an active or owner key can no longer be changed? At least as long as there is no corresponding operation.

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Thanks moecki :)

This would now also require multiple signatures and there is probably no operation for this (yet), is there? But that also means that other account data that require an active or owner key can no longer be changed? At least as long as there is no corresponding operation.

  • That's absolutely correct. After we release the MVP, allowing account conversion, tx creation, and signing, we could look at adding extra consensus-based operations such as de-converting the account.

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