Re: [Tails-dev] Upgrade Tails Bitcoin donation address

Michael English:
> Electrum version 2.0 and higher supports the creation of
> multi-signature wallet types. I recommend that Tails upgrade their
> Bitcoin donation address to a multi-signature address for increased
> security and redundancy. A multi-signature address requires m of n
> signatures from separate wallets in order to spend the corresponding
> Bitcoins. A partially signed transaction is created and sent to one of
> the cosigners for completion. You can setup a 2 of 3 multi-signature
> wallet to protect against one of the cosigners' wallets being lost or
> destroyed. In order to set it up, you need the master public keys of
> the cosigners' wallets. The cosigners are usually other leaders of the
> project or it can be an offline wallet. The resulting multi-signature
> addresses begin with a 3 instead of a 1.
>
> Please read the Electrum documentation on multisig at
> http://docs.electrum.org/en/latest/multisig.html . If you have any
> further questions, email me.

Hi Michael,

Thanks for the info. I'm forwarding this to our accounting team who's
managing our Bitcoin wallet.