I've read about secret sharing as a means of doing multisig in Monero, and I know services like Haveno & RINO implement 2-of-3 wallets as a service (for exchange escrow and shared custody respectively). I'm interested in a different sort of implementation, one that doesn't rely on a third party host.

Nunchuk.io, for example, develops a BTC wallet that allows multiple users to collaboratively create multisig wallets & share custody of bitcoin. They can sign/approve transactions via an integrated messenger (which is third party hosted, but doesn't technically need to be afaik). This has multiple use cases, but it interests me primarily as a trustless escrow service between individuals.

As a non-programmer, I'm curious if anything about XMR secret sharing prevents the development of an equivalent application for Monero. Haveno and RINO have their own use cases, but I'd be more interested in something that can work between individual users without any third party company/service/platform.

@monero

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[–] [email protected] 1 points 10 months ago (1 children)

@silverpill @monero The existence of a tool like this would be extremely welcome. In my opinion, at least, but I'm sure a lot of other people would find it valuable once they discover it.

[–] [email protected] 1 points 10 months ago

@japananon @monero I talked with some devs and learned about plans to add GUI for mutlisig to Feather wallet. But it is not clear when this will happen because Monero multisig still has experimental status (its security is not proven).

I could try to build an alternative wallet app, but there's a risk that Feather will add it first and my effort would be wasted.

Also, this just popped up in my feed: https://monero.im/post/3925