Taproot Multisig Address with 21 keys: Step -by -step guide

As part of Ethereum’s continuous efforts to improve safety and decentralization, future Taproot activation brings new features and restrictions. One of these changes affects multisig addresses, which are crucial to safe voting systems and decentralized financial applications (defi). In this article, we will learn you through the process of creating the Taproot Multisig address, which requires 21 21 keys.

Background

Prior to the Taproot activation, the multisig addresses for multisig addresses had a maximum limit of 20 keys. This was due to scalability and usability problems, as a larger number of keys made user management difficult to control the addresses. However, this restriction has been among dispute developers and users who defend better flexibility in creating Monisig addresses.

What is Taproot?

Taproot is an updated version of Ethereum’s script language designed to improve the safety and efficiency of decentralized applications (DAPS) in the block chain. The update presents new features such as improved key management, better scale and improved security. One of the most significant changes is the ability to create multisig addresses with a much larger keys.

Taproot Multisig Address

You can create a Taproot Multisig address that requires 21 of the 21 keys, follow these steps:

• Install Ethereum Clu : Make sure you have the latest version of your machine installed on your computer’s Ethereum Command -Line interface (Cl).

• Set your wallet : Use the Ethereum compatible wallet, such as Metamask or Myethallet, to manage your account and keys.

• Contact the Ethereum network : Open the terminal and go to the directory containing your Ethereum wallet configuration file (eg `~/.THERSCAN LINUX or USERPROFILE%.

• Create Taproot Command Series : Complete the following command to create the necessary scripts to create Taproot Multisig addresses:

`

Etherscript -ScriptType = Script -txtype = Raw – -Gaslims = 1000000 –romfile -outpath

`

Replace with your desired printing directory for the desired printing directory of the script files with your desired printing file with the

• Create Taproot Multisig Address : Complete the following command to create a Taproot Multisig address that requires 21 210 wrench:

`

Etherscript -ScriptType = Script -txtype = Raw – -Gaslims = 1000000 -romfile -outpath

`

Replace with the path you want to save a new script file.

Etherscan.io/addr/