Hive Multisig - May Progress Report

in #multisiglast year

image.png

As you may know, thanks to the support of the DHF, I've hired a team to work on making multisig actually usable on Hive. Here's the original proposal. If you don't know what multisig is or why making it easy to use is valuable to our ecosystem, please read the proposal.

Backend

Last month, we forecasted that we'll finish the first version of our multisig backend within one month, and I'm happy to announce that I synced with our team yesterday and they delivered in time.

Our backend is now available to authenticate users based on a signed message, pass along transactions to be signed to the corresponding users, determine who should broadcast the operation, and notify users of the success or failure of the operation.

SDK (Software Development Kit)

For Hive Multisig to be useful, we need dApps and wallets to be able to implement it easily. For this, our next step is to develop an SDK that will handle interactions between the dApps and our backend, and add an extra layer of security by verifying the identity of the transaction initiator.

Once the SDK is ready, we'll integrate it into our own multisig front-end to be able to perform more real-situation tests and also work on providing documentation for other dApps to integrate it seamlessly.

I'm really excited to see this work coming alive, and will post again as soon as we have new updates!

Sort:  

Hi, @stoodkev how to vote you? I didn't find any witness section here.

You can vote from https://peakd.com/me/witnesses or directly from within Keychain.
Thanks for your support! =)

Awesome. Can't wait for it. 🫡

Although I don't use this feature yet, it's probably something that helps the hive gain popularity among more advanced cryptans.
Thank you for your work for the benefit of the entire ecosystem!

Thank you so much for your work. I've just read your post about Multisig and yeah that will help a lot to us. Voted for proposal 👍

Thanks for information

I really love to read when anything development related posted on hive, great work Sr. Keep it up

Hello @stoodkev I must say you are doing a good job, I see you replying and solving various problems on Keychain discord server, its not easy dealing with people that are frantic or agitated because something is up with their account or keys.

Keep the good work on and goodluck with whatever you are working on😄

I have no idea what multisig is, so I had to go read through the older post.... Laughs well I know it's a brilliant idea but damn I'm having trouble just keeping my current keys safe😂 having more.. Sheeesh that would confuse me even more... Although I'm keen on looking into this when it's releases.

Friend thank you very much for the valuable information, sure this will be a great contribution and will become an excellent help to the ecosystem, have my full support!
Happy beginning of the week, best regards! @stoodkev

Congratulations @stoodkev! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You got more than 3000 replies.
Your next target is to reach 3250 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

The Hive Gamification Proposal

Thanks for giving information

Even though I am constantly studying crypto, I realize I know nothing about structure, good thing we have people like @stoodkev to create great software like this.

Is there a problem with the keychain? I can't use it to log into hive-engine, and sadly they don't offer other ways of logging in.

Hello! I just want to say thank you, that you support my content!! <3 :)

Hey king! We need you, you're a such valuable member of the HIVE community and we need your help to bring the most advanced NFT market to HIVE that will integrate all the games and offer a new level experience to the NFT traders on all our blockchain. We're running a proposal and your vote is necessary to reach the goal. Thanks in advance king!

If you can create an opensource API for retrieving the information needed to display a user's NFTS (it's messy by using Hive Engine), I'd believe your claim to be the most advanced NFT market on Hive and would vote for your proposal.
If you don't manage to get funding now, try to go further in the development and publish regular updates, it's easier to get funding for work that is already done.