The classic, and complex, way of spending funds sent to a multisignature address using bitcoin-cli requires that you do a lot of foot work.
To start with, you need to find your funds; your computer doesn't know to look for them, because they're not associated with any addresses in your wallet. You can alert bitcoind to do so using the importaddress command:
$ bitcoin-cli -named importaddress address=2NAGfA4nW6nrZkD5je8tSiAcYB9xL2xYMCz
If you've got a pruned node (and you probably do), you'll instead need to tell it not to rescan:
$ bitcoin-cli -named importaddress address=2NAGfA4nW6nrZkD5je8tSiAcYB9xL2xYMCz rescan="false"
If you prefer, you can import the address using its descriptor (and this is generally the better, more standardized answer):
$ bitcoin-cli importmulti '[{"desc": "sh(multi(2,02da2f10746e9778dd57bd0276a4f84101c4e0a711f9cfd9f09cde55acbdd2d191,02bfde48be4aa8f4bf76c570e98a8d287f9be5638412ab38dede8e78df82f33fa3))#0pazcr4y", "timestamp": "now", "watchonly": true}]'
[
{
"success": true
}
]
Afterward the funds should show up when you listunspent ... but they still aren't easily spendable. (In fact, your wallet may claim they're not spendable at all!)
If for some reason you're not able to incorporate the address into your wallet, you can use gettransaction to get info instead (or look at a block explorer).
$ bitcoin-cli -named gettransaction txid=b164388854f9701051809eed166d9f6cedba92327e4296bf8a265a5da94f6521 verbose=true
{
"amount": -0.00006500,
"fee": -0.00001000,
"confirmations": 3,
"blockhash": "0000000000000165b5f602920088a7e36b11214161d6aaebf5229e3ed4f10adc",
"blockheight": 1773282,
"blockindex": 9,
"blocktime": 1592959320,
"txid": "b164388854f9701051809eed166d9f6cedba92327e4296bf8a265a5da94f6521",
"walletconflicts": [
],
"time": 1592958753,
"timereceived": 1592958753,
"bip125-replaceable": "no",
"details": [
{
"address": "2N8MytPW2ih27LctLjn6LfLFZZb1PFSsqBr",
"category": "send",
"amount": -0.00006500,
"vout": 0,
"fee": -0.00001000,
"abandoned": false
}
],
"hex": "020000000001011b95a6055174ec64b82ef05b6aefc38f34d0e57197e40281ecd8287b4260dec60000000000ffffffff01641900000000000017a914a5d106eb8ee51b23cf60d8bd98bc285695f233f38702473044022070275f81ac4129e1d167ef7e700739f2899ea4c7f1adef3a4da29436f14fb97e02207310d4ec449eba49f0fa404ae45b9c82431d883490c7a0ed882ad0b5d7a623d0012102883bb5463e37d55252d8b3d5c2141b007b37c8a7db6211f75c955acc5ea325eb00000000",
"decoded": {
"txid": "b164388854f9701051809eed166d9f6cedba92327e4296bf8a265a5da94f6521",
"hash": "bdf4e3bc5d354a5dfa5528f172480976321d989d7e5806ac14f1fe9b0b1c093a",
"version": 2,
"size": 192,
"vsize": 111,
"weight": 441,
"locktime": 0,
"vin": [
{
"txid": "c6de60427b28d8ec8102e49771e5d0348fc3ef6a5bf02eb864ec745105a6951b",
"vout": 0,
"scriptSig": {
"asm": "",
"hex": ""
},
"txinwitness": [
"3044022070275f81ac4129e1d167ef7e700739f2899ea4c7f1adef3a4da29436f14fb97e02207310d4ec449eba49f0fa404ae45b9c82431d883490c7a0ed882ad0b5d7a623d001",
"02883bb5463e37d55252d8b3d5c2141b007b37c8a7db6211f75c955acc5ea325eb"
],
"sequence": 4294967295
}
],
"vout": [
{
"value": 0.00006500,
"n": 0,
"scriptPubKey": {
"asm": "OP_HASH160 a5d106eb8ee51b23cf60d8bd98bc285695f233f3 OP_EQUAL",
"hex": "a914a5d106eb8ee51b23cf60d8bd98bc285695f233f387",
"reqSigs": 1,
"type": "scripthash",
"addresses": [
"2N8MytPW2ih27LctLjn6LfLFZZb1PFSsqBr"
]
}
}
]
}
}
When you're ready to spend the funds received by a multisignature address, you're going need to collect a lot of data: much more than you need when you spend a normal P2PKH or SegWit UTXO. That's in part because the info on the multisig address isn't in your wallet, and in part because you're spending money that was sent to a P2SH (pay-to-script-hash) address, and that's a lot more demanding.
In total, you're going to need to collect three things: extended information about the UTXO; the redeemScript; and all the private keys involved. You'll of course need a new recipient address too. The private keys need to wait for the signing step, but everything else can be done now.
To start with, grab the txid and the vout for the transaction that you want to spend, as usual. In this case, it was retrieved from the gettransaction info, above:
$ utxo_txid=b164388854f9701051809eed166d9f6cedba92327e4296bf8a265a5da94f6521
$ utxo_vout=0
However, you need to also access a third bit of information about the UTXO, its scriptPubKey/hex, which is the script that locked the transaction. Again, you're probably doing this by looking at the details of the transaction:
$ utxo_spk=a914a5d106eb8ee51b23cf60d8bd98bc285695f233f387
Hopefully, you saved the redeemScript. Now you should record it in a variable.
This was drawn from our creation of the address in the previous section.
redeem_script="522102da2f10746e9778dd57bd0276a4f84101c4e0a711f9cfd9f09cde55acbdd2d1912102bfde48be4aa8f4bf76c570e98a8d287f9be5638412ab38dede8e78df82f33fa352ae"
We're just going to send the money back to ourself. This is useful because it frees the funds up from the multisig, converting them into a normal P2PKH transaction that can later be confirmed by a single private key:
$ recipient=$(bitcoin-cli getrawchangeaddress)
You can now create your transaction. This is no different than usual.
$ rawtxhex=$(bitcoin-cli -named createrawtransaction inputs='''[ { "txid": "'$utxo_txid'", "vout": '$utxo_vout' } ]''' outputs='''{ "'$recipient'": 0.00005}''')
$ echo $rawtxhex
020000000121654fa95d5a268abf96427e3292baed6c9f6d16ed9e80511070f954883864b10000000000ffffffff0188130000000000001600142c48d3401f6abed74f52df3f795c644b4398844600000000
You're now ready to sign your transaction. This is a multi-step process because you'll need to do it on multiple machines, each of which will contribute their own private keys.
Because this transaction isn't making full use of your wallet, you're going to need to directly access your private keys. Start on machine1, where you should retrieve any of that user's private keys that were involved in the multisig:
machine1$ bitcoin-cli -named dumpprivkey address=$address1
cNPhhGjatADfhLD5gLfrR2JZKDE99Mn26NCbERsvnr24B3PcSbtR
⚠️ WARNING: Directly accessing your private keys from the shell is very dangerous behavior and should be done with extreme care if you're using real money. At the least, don't save the information into a variable that could be accessed from your machine. Removing your shell's history is another great step. At the most, don't do it.
You can now make your first signature with the signrawtransactionwithkey command. Here's where things are different: you're going to need to coach the command on how to sign. You do these by adding the following new information:
- Include a
prevtxsargument that includes thetxid, thevout, thescriptPubKey, and theredeemScriptthat you recorded, each of them an individual key-value pair in the JSON object. - Include a
privkeysargument that lists the private keys you dumped on this machine.
machine1$ bitcoin-cli -named signrawtransactionwithkey hexstring=$rawtxhex prevtxs='''[ { "txid": "'$utxo_txid'", "vout": '$utxo_vout', "scriptPubKey": "'$utxo_spk'", "redeemScript": "'$redeem_script'" } ]''' privkeys='["cNPhhGjatADfhLD5gLfrR2JZKDE99Mn26NCbERsvnr24B3PcSbtR"]'
{
"hex": "020000000121654fa95d5a268abf96427e3292baed6c9f6d16ed9e80511070f954883864b100000000920047304402201c97b48215f261055e41b765ab025e77a849b349698ed742b305f2c845c69b3f022013a5142ef61db1ff425fbdcdeb3ea370aaff5265eee0956cff9aa97ad9a357e3010047522102da2f10746e9778dd57bd0276a4f84101c4e0a711f9cfd9f09cde55acbdd2d1912102bfde48be4aa8f4bf76c570e98a8d287f9be5638412ab38dede8e78df82f33fa352aeffffffff0188130000000000001600142c48d3401f6abed74f52df3f795c644b4398844600000000",
"complete": false,
"errors": [
{
"txid": "b164388854f9701051809eed166d9f6cedba92327e4296bf8a265a5da94f6521",
"vout": 0,
"witness": [
],
"scriptSig": "0047304402201c97b48215f261055e41b765ab025e77a849b349698ed742b305f2c845c69b3f022013a5142ef61db1ff425fbdcdeb3ea370aaff5265eee0956cff9aa97ad9a357e3010047522102da2f10746e9778dd57bd0276a4f84101c4e0a711f9cfd9f09cde55acbdd2d1912102bfde48be4aa8f4bf76c570e98a8d287f9be5638412ab38dede8e78df82f33fa352ae",
"sequence": 4294967295,
"error": "CHECK(MULTI)SIG failing with non-zero signature (possibly need more signatures)"
}
]
}
That produces scary errors and says that it's failing. This is all fine. You can see that the signature has been partially successfully because the hex has gotten longer. Though the transaction has been partially signed, it's not done because it needs more signatures.
You can now pass the transaction on, to be signed again by anyone else required for the multisig. They do this by running the same signing command that you did but: (1) with the longer hex that you output from (bitcoin-cli -named signrawtransactionwithkey hexstring=$rawtxhex prevtxs='''[ { "txid": "'$utxo_txid'", "vout": '$utxo_vout', "scriptPubKey": "'$utxo_spk'", "redeemScript": "'$redeem_script'" } ]''' privkeys='["cMgb3KM8hPATCtgMKarKMiFesLft6eEw3DY6BB8d97fkeXeqQagw"]' | jq -r '.hex'); and (2) with their own private key.
ℹ️ NOTE — M-OF-N VS N-OF-N: Obviously, if you have an n-of-n signature (like the 2-of-2 multisignature in this example), then everyone has to sign, but if you hae a m-of-n multisignature where "m < n", then the signature will be complete when only some ("m") of the signers have signed.
To do so first they access their private keys:
machine2$ bitcoin-cli -named dumpprivkey address=$address2
cVhqpKhx2jgfLUWmyR22JnichoctJCHPtPERm11a2yxnVFKWEKyz
Second, they sign the new hex using all the same prevtxs values:
machine1$ bitcoin-cli -named signrawtransactionwithkey hexstring=020000000121654fa95d5a268abf96427e3292baed6c9f6d16ed9e80511070f954883864b100000000920047304402201c97b48215f261055e41b765ab025e77a849b349698ed742b305f2c845c69b3f022013a5142ef61db1ff425fbdcdeb3ea370aaff5265eee0956cff9aa97ad9a357e3010047522102da2f10746e9778dd57bd0276a4f84101c4e0a711f9cfd9f09cde55acbdd2d1912102bfde48be4aa8f4bf76c570e98a8d287f9be5638412ab38dede8e78df82f33fa352aeffffffff0188130000000000001600142c48d3401f6abed74f52df3f795c644b4398844600000000 prevtxs='''[ { "txid": "'$utxo_txid'", "vout": '$utxo_vout', "scriptPubKey": "'$utxo_spk'", "redeemScript": "'$redeem_script'" } ]''' privkeys='["cVhqpKhx2jgfLUWmyR22JnichoctJCHPtPERm11a2yxnVFKWEKyz"]'
{
"hex": "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",
"complete": true
}
Third, they may need to send on the even longer hexstring they produce to additional signers.
But in this case, we now see that the signature is complete!
When done, you should fall back on the standard JQ methodology to save your hexstring and then to send it:
$ signedtx=$(bitcoin-cli -named signrawtransactionwithkey hexstring=020000000121654fa95d5a268abf96427e3292baed6c9f6d16ed9e80511070f954883864b100000000920047304402201c97b48215f261055e41b765ab025e77a849b349698ed742b305f2c845c69b3f022013a5142ef61db1ff425fbdcdeb3ea370aaff5265eee0956cff9aa97ad9a357e3010047522102da2f10746e9778dd57bd0276a4f84101c4e0a711f9cfd9f09cde55acbdd2d1912102bfde48be4aa8f4bf76c570e98a8d287f9be5638412ab38dede8e78df82f33fa352aeffffffff0188130000000000001600142c48d3401f6abed74f52df3f795c644b4398844600000000 prevtxs='''[ { "txid": "'$utxo_txid'", "vout": '$utxo_vout', "scriptPubKey": "'$utxo_spk'", "redeemScript": "'$redeem_script'" } ]''' privkeys='["cVhqpKhx2jgfLUWmyR22JnichoctJCHPtPERm11a2yxnVFKWEKyz"]' | jq -r .hex)
$ bitcoin-cli -named sendrawtransaction hexstring=$signedtx
99d2b5717fed8875a1ed3b2827dd60ae3089f9caa7c7c23d47635f6f5b397c04
This took some work, and as you'll soon learn, the foolishness with the private keys, the redeem script, and the scriptpubkey isn't actually required to redeem from multisignature addresses using newer versions of Bitcoin Core. So, what was the point?
This redemption methodology shows a standard way to sign and reuse P2SH transactions. In short, to redeem P2SH funds, a signrawtransactionwithkey needs to:
- Include the
scriptPubKey, which explains the P2SH cryptographic puzzle. - Include the
redeemScript, which solves the P2SH cryptographic puzzle, and introduces a new puzzle of its own. - Be run on each machine holding required private keys.
- Include the relevant signatures, which solve the redeemScript puzzle.
Here, we saw this methodology used to redeem multisig funds. In the future you can also use it to redeem funds that were locked with other, more complex P2SH scripts, as explained starting in Chapter 9.
It turns out that spending money sent to a multisig address can take quite a bit of work. But as long as you have your original addresses and your redeemScript, you can do it by signing a raw transaction with each different address, and providing some more information along the way.
Continue "Expanding Bitcoin Transactions" with §6.3: Sending & Spending an Automated Multisig.