Quote from: mf-tzo on September 28, 2017, 03:18:15 pm

I understand multisignature protection in different computers but I may have misunderstood something so please advise.

If one has a pc where all his bts wallets a are in this pc (hence all his bts accounts as well) an attacker who gains access to that pc can equally easily have access to all wallets and accounts right? 

So what is the point of multisignature as protection in this case? Would it be difficult to hack 2 different accounts with 2 different passwords as long both are on the same pc or since he gains access to the pc he can hack easily all passwords?

In this case what is the best way one can protect himself? Should we have for example 1 web wallet and 1 light wallet with i.e 1 account to each of this wallets that in order to take a transaction both have to sign 50-50 permissions? Or something else?

The point of multi-signature account is to have 3 different wallets on 3 different devices with 3 different private keys stored in each wallet which control the same account. Two devices may be yours and one belong to someone you trust, or all three may be yours, or one yours and two belong to different people you trust.  You could set up this account such that you need 2 signatures out of 3 to unlock it. This way, if someone hacks one of your devices, your funds are safe, because they can't unlock your account without the other device.  If you lose one of devices, your funds are also safe. You just use another two devices to replace the compromised or lost key.

I have a multi-signature byteball account on desktop, phone and tablet, which works really great for me. Never tried to set up one in bitshares, perhaps I should try this asap and recommend everybody to try.

Thanks for posting this.

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