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Using Multisignature Accounts

How to set up and use multisignature accounts on Hive Blockchain.


Image: Skitterphoto, CC0


Repository

https://github.com/holgern/beem

This post is a contribution to the Multisignature Transaction Guide request by @timcliff.


Edit: In the meantime, beem/beempy was adjusted to support the full procedure out-of-the-box. For a ready-to-use CLI interface for multi-sig coming with beem, please refer to: Multisignature Transaction Guide for beempy


What Will I Learn?

  • You will learn how to set-up a multi-signature authority for Steem accounts
  • You will learn how to prepare a transaction to be signed by multiple keys
  • You will learn how to sign transactions with multiple keys and broadcast it to the chain

Requirements

The user must have a basic understanding of the Steem key and account authority system as well as the corresponding weights and thresholds. The user should be familiar with Python and using Python scripts on the command line. Some knowledge about beem is required to go beyond the provided example.

Difficulty

Advanced


Setting up a multi-signature authority Steem account

The @steemit account is an example of an account that has multiple key authorities for each role: Screenshot_steemit.png Blockchain transactions sent in the name of the @steemit account can be signed by any of the two keys per role (owner/active/posting). While this account has multiple authorities, it is not a multi-signature account since the threshold parameter on each role is set to 1 - this means that a signature with weight 1 is sufficient to authorize the transaction. An account becomes a multi-signature account as soon as the weight of a single signature is not sufficient to reach the threshold. Here is an example of a multi-sig account where this condition is fulfilled:

Screenshot_test.auth.png

This account has an active threshold of 40 while each of the authorized keys can provide a weight of at most 25 or 10. This means that transactions requiring the active authority need to be signed by multiple of the authorized keys.


How to set an account into this state with beem

In order to set owner, active or posting authorities, weights and thresholds, the Account_update function from beembase.operations is needed. The operation can be prepared in the following way:

from beem.account import Account
from beembase import operations
acc = Account("accountname")
op = operations.Account_update(**{
    "account": acc["name"],
    'active': acc["active"],
    'posting': acc["posting"],
    'memo_key': acc['memo_key'],
    "json_metadata": acc['json_metadata'],
    "prefix": acc.steem.prefix})

acc["posting"] and acc["active"] are dictionaries in the style of:

authority = {
  'account_auths': [], 
  'key_auths': [
    ['STMKEY1...', 25], 
    ['STMKEY2...', 10]],
  'address_auths': [], 
  'weight_threshold': 100, 
  'prefix': acc.steem.prefix}

(adjust the keys, the weights and the threshold accordingly). Make sure that the sum of the individual weights reaches or exceeds the threshold, otherwise no combination of multiple signatures will be able to work with the active authority.

This operation can then be submitted with a TransactionBuilder instance:

from beem.transactionbuilder import TransactionBuilder
tb = TransactionBuilder(steem_instance=acc.steem)
tb.appendOps([op])
tb.appendWif(owner_wif)
tb.sign()
tx = tb.broadcast()
print(tx)

Since this is modifying the active authority of the account, this operation has to be signed with the owner key. The same concept also applies to the posting authorities, but changing those only required the corresponding active key.

The result is what is shown in the screenshot above and was carried out with the @test.auth account.

A basic, but ready-to-use script to set arbitrary active and posting authorities is provided here: https://gist.github.com/crokkon/17e5be82d9ef073bcee80a461a11dea9#file-set_authorities-py

This script can be used like this:

python set_authorities.py \
  --account test.auth \
  --role active \
  --threshold 40 \
  --key-weight STM7JNWU2b2DBMp9WZRGHKqE7hQA9MKn2URLBCMfU95p29vzAQn8F 25 \
  --key-weight STM5iLWNocQk8UDUVpuGytJkmLiEuK9XYvyMH3yYRdXhW6qGqbWA4 25 \
  --key-weight STM6qpVTxhWBuKUFgUHgymuQrtRwZ16bWmyZVf7ba4QzoYypEXS5X 10 \
  --key-weight STM8Hp2EPPgddvQRGYUFomX5v8ixh1LeoFKk3FCTxMwkSvzieGrDg 10 \
  --key-weight STM75MGQ6WLhSqNoUYsm6oXeGp3R5KPpaKgtoLUHTtcS5vhrWmrtJ 10 \
  --key-weight STM6Ukq4htXhnkKDdR45XgCLJY8a8eJV9ndUmLBT32ktPzYdvqPJy 10 \
  --key-weight STM6AFxvirq6P1XTeiYEwfTCMXivJsg9wmZDBrWxG5fQkvgzRZwHX 10

Supported --role parameters are active and posting. The --key-weight parameter takes a space-separated pair of a pubkey and a weight. There is also an --account-weight parameter taking an account name plus weight. Note that there is an upper limit of 40 authorities (keys and accounts combined) per role.

This is the resulting transaction from this script: Screenshot_account_setup.png

Edit: the same state can be achieved via multiplebeempy commands as suggested by @tcpolymath in the comments, e.g.:

$ beempy allow -a "test.auth" --permission active --weight 25 --threshold 40 STM7JNWU2b2DBMp9WZRGHKqE7hQA9MKn2URLBCMfU95p29vzAQn8F

How to prepare a transaction to be signed by multiple keys?

Transaction that are sent to the blockchain have the following format:

{"expiration": "2019-01-04T21:05:55", "ref_block_num": 6032, "ref_block_prefix": 1020164711, "operations": [["transfer", {"from": "test.auth", "to": "test.auth", "amount": "0.001 STEEM", "memo": ""}]], "extensions": [], "signatures": []}

expiration defines how long the transaction is going to be valid. Typical numbers are 1 minute (beem default), the maximum allowed by the blockchain is 1 hour. Since not all signatures are added instantly, choosing a longer period is reasonable in this case. ref_block_num and ref_block_prefix are values that the blockchain provides on request. The operations parameter contains the desired user operation (in this case transferring 0.001 STEEM to self). extensions is typically empty. signatures is a list of strings that is filled by signing this operation. In case of a “normal” transaction, the final signature filed would contain a lengthy string of characters and numbers. Multiple signatures can be achieved by signing the same operation with multiple keys independently, and list all resulting signatures in the signatures field.

In order to create such a base transaction, we can again use the TransactionBuilder class:

op = operations.Transfer(**{
    'from': args.account,
    'to': args.to,
    'amount': Amount(args.amount, args.asset),
    'memo': args.memo
})
stm = Steem(expiration=3600)
tb = TransactionBuilder(steem_instance=stm)
tb.appendOps([op])
print("'%s'" % (json.dumps(tb.json())))

(note the override of the expiration period to 1h = 3600s). The resulting output was the transaction string shown above.

A basic, but ready-to-use script to create an arbitrary transfer transaction is provided here: https://gist.github.com/crokkon/17e5be82d9ef073bcee80a461a11dea9#file-get_transaction-py

This script can be used like this:

python get_transaction.py \
  --account test.auth \
	--to test.auth \
	--amount 0.001 \
	--asset STEEM

an optional --memo parameter allows you to set a transfer memo as well.

Edit: also this stage can be done directly via beempy:

$ beempy -e 3600 --no-broadcast --unsigned transfer --account "test.auth" "test.auth" 0.001 STEEM

How to sign this transaction now with multiple keys and broadcast it to the chain?

Signing this transaction means appending an entry to the signatures list of the transaction. This signature can be obtained by loading the above transaction with the TransactionBuilder class, append a private key and use the sign() method. Each time this step is done, another signature is appended to the list:

tb = TransactionBuilder(tx=op)
tb.appendWif(wif)
tb.sign(reconstruct_tx=False)

Important here is that the transaction has to be passed to the TransactionBuilder constructor and the sign method has to be instructed not to reconstruct the transaction but take it as it is. If this parameter is not set, the class will strip off existing signatures and update expiration, ref_block_num and ref_block_prefix to the current values.

Once the required number of signatures is appended to meet or exceed the threshold, the transaction can be broadcasted:

tx = tb.broadcast()

A basic, but ready-to-use script to sign transaction with multiple keys and broadcast it to the chain is provided here: https://gist.github.com/crokkon/17e5be82d9ef073bcee80a461a11dea9#file-sign_and_broadcast-py

This script can be used like shown below. The same script is fed multiple times with the output of the previous step each. This ensures, that the same transaction can be signed successively by independent people and broadcasted as soon as the weight threshold is reached:

# first signature: run with the trx created above:
$ python sign_and_broadcast.py --append-sig --trx '{"expiration": "2019-01-04T22:13:41", "ref_block_num": 7386, "ref_block_prefix": 3706177428, "operations": [["transfer", {"from": "test.auth", "to": "test.auth", "amount": "0.001 STEEM", "memo": ""}]], "extensions": [], "signatures": []}'
Enter private key:
'{"expiration": "2019-01-04T22:13:41", "ref_block_num": 7386, "ref_block_prefix": 3706177428, "operations": [["transfer", {"from": "test.auth", "to": "test.auth", "amount": "0.001 STEEM", "memo": ""}]], "extensions": [], "signatures": ["1f65df7e3fb5f3ad49c433054127d71918c10865d67367efa380edee2e9943540d1e6f97317a1cdfe547f49d89048a44bd2f9a9a7278e51b9fef98dfddaee576da"]}'

# second signature - run the same script with the output of step 1 - note the two sigs in the output:
$ python sign_and_broadcast.py --append-sig --trx '{"expiration": "2019-01-04T22:13:41", "ref_block_num": 7386, "ref_block_prefix": 3706177428, "operations": [["transfer", {"from": "test.auth", "to": "test.auth", "amount": "0.001 STEEM", "memo": ""}]], "extensions": [], "signatures": ["1f65df7e3fb5f3ad49c433054127d71918c10865d67367efa380edee2e9943540d1e6f97317a1cdfe547f49d89048a44bd2f9a9a7278e51b9fef98dfddaee576da"]}'
Enter private key:
'{"expiration": "2019-01-04T22:13:41", "ref_block_num": 7386, "ref_block_prefix": 3706177428, "operations": [["transfer", {"from": "test.auth", "to": "test.auth", "amount": "0.001 STEEM", "memo": ""}]], "extensions": [], "signatures": ["1f65df7e3fb5f3ad49c433054127d71918c10865d67367efa380edee2e9943540d1e6f97317a1cdfe547f49d89048a44bd2f9a9a7278e51b9fef98dfddaee576da", "205d6e432fa276f0ef7c5da90703811d01b1358348ec5c1de5bd1504b7990d4f42121542d5d555a8fbb974db316d84714f7da2c43a5160bc00548fda6b15c33687"]}'

# third signature: run the same script with the output of step 2, add the --broadcast parameter and note the three sigs in the output:
$ python sign_and_broadcast.py --append-sig --trx '{"expiration": "2019-01-04T22:13:41", "ref_block_num": 7386, "ref_block_prefix": 3706177428, "operations": [["transfer", {"from": "test.auth", "to": "test.auth", "amount": "0.001 STEEM", "memo": ""}]], "extensions": [], "signatures": ["1f65df7e3fb5f3ad49c433054127d71918c10865d67367efa380edee2e9943540d1e6f97317a1cdfe547f49d89048a44bd2f9a9a7278e51b9fef98dfddaee576da", "205d6e432fa276f0ef7c5da90703811d01b1358348ec5c1de5bd1504b7990d4f42121542d5d555a8fbb974db316d84714f7da2c43a5160bc00548fda6b15c33687"]}' --broadcast
Enter private key:
SUCCESS: broadcasted '{
  "expiration": "2019-01-04T22:13:41",
  "ref_block_num": 7386,
  "ref_block_prefix": 3706177428,
  "operations": [
    [
      "transfer",
      {
        "from": "test.auth",
        "to": "test.auth",
        "amount": "0.001 STEEM",
        "memo": ""
      }
    ]
  ],
  "extensions": [],
  "signatures": [
    "1f65df7e3fb5f3ad49c433054127d71918c10865d67367efa380edee2e9943540d1e6f97317a1cdfe547f49d89048a44bd2f9a9a7278e51b9fef98dfddaee576da",
    "205d6e432fa276f0ef7c5da90703811d01b1358348ec5c1de5bd1504b7990d4f42121542d5d555a8fbb974db316d84714f7da2c43a5160bc00548fda6b15c33687",
    "20049d276c86a99d472d4962dc1adbf26a6cf2bdf56a87eae74a19d19394081a9a4b0f89f89dd1c632dcee13b2f688303cbf3f2f2e85ea587c88e9ff9dd66b7c8f"
  ]
}'

here’s the resulting transaction on steemd: https://steemd.com/tx/5d1124e30b20c47f31517848500636cf7ec2e886 Screenshot_trx.png

And an example transferring 0.001 STEEM to my account with 4 signatures as required when using only the keys with weight=10: https://steemd.com/tx/ae16ba50728536b6a3a10ace03cb82512a51f6b4 Screenshot_trx4.png

(this step is currently not yet possible with beempy, but there is work in progress to fully integrate all steps)


Further thoughts:

  • A big limitation for mass adoption of multi-sig is the fact that the maximum transaction expiration time can only be 1h at most. This can be a at least annoying or even a problem if multiple people that live in different time zones or have a life outside of Steem have to work together to reach the signature threshold.
  • Even with a multi-sig active authority, transfers can still be done with the owner authority (currently requiring only one sig with the example account).
  • However, the exact same concept can be applied to the owner authority as well. This has to be done carefully, since a mistake there could render the account unusable and the funds locked. With access to the recovery partner’s active key, it could still be recovered, though.
  • For the signing and broadcasting part, there is currently no automated check if the required number of signatures to meet or exceed the threshold is reached, but this could be implemented by reconstructing the signers of the existing signatures and checking their weight against the required threshold.

Proof of Work Done

All code shown here is available as a GitHub Gist: https://gist.github.com/crokkon/17e5be82d9ef073bcee80a461a11dea9


See: Steem Multi-Signature Transaction Guide for Beem/Python by @crokkon