I did some high-level multisig design work a couple of months ago:
https://gist.github.com/4039433
and
https://moqups.com/gavinandresen/no8mzUDB/
... and had these thoughts about terminology:
Quote
Is "Shared Wallet" the right metaphor?
I use the term "shared wallet" to mean: one or more multisignature bitcoin addresses that can receive funds and whose private keys are distributed to more than one person or device.
Perhaps "joint account" or some other banking term would be better.
I use the term "shared wallet" to mean: one or more multisignature bitcoin addresses that can receive funds and whose private keys are distributed to more than one person or device.
Perhaps "joint account" or some other banking term would be better.