Knowledge About Ethereum Multi Signature Wallets

Posted By : Shashwat Gupta | 19-Mar-2018

Suppose,  If I have 100 Ether, they are all in an ethereal address and thorium address have the corresponding key. if I have the private key I can spend 100 ether

How to Increase Security there?

The Answer is Multi-signature Wallet

 

What is Multi-Signature Wallet?

 

Multi-Sig Wallets being used as a safeguard for ether or tokens and other cryptocurrencies To stop one person from running off with the loot and to reduce key person risk in case one person is loses their keys.

 

Your multi-sig wallet is a smart contract living on the blockchain! Each of the wallet’s users can be in a different location in different time zones.  


Features

?

 
Code  
 
pragma solidity 0.4.15;


/// @title Multisignature wallet - Allows multiple parties to agree on transactions before execution.
/// @author Stefan George - <stefan.george@consensys.net>
contract MultiSigWallet {

    /*
     *  Events
     */
    event Confirmation(address indexed sender, uint indexed transactionId);
    event Revocation(address indexed sender, uint indexed transactionId);
    event Submission(uint indexed transactionId);
    event Execution(uint indexed transactionId);
    event ExecutionFailure(uint indexed transactionId);
    event Deposit(address indexed sender, uint value);
    event OwnerAddition(address indexed owner);
    event OwnerRemoval(address indexed owner);
    event RequirementChange(uint required);

    /*
     *  Constants
     */
    uint constant public MAX_OWNER_COUNT = 50;

    /*
     *  Storage
     */
    mapping (uint => Transaction) public transactions;
    mapping (uint => mapping (address => bool)) public confirmations;
    mapping (address => bool) public isOwner;
    address[] public owners;
    uint public required;
    uint public transactionCount;

    struct Transaction {
        address destination;
        uint value;
        bytes data;
        bool executed;
    }

    /*
     *  Modifiers
     */
    modifier onlyWallet() {
        require(msg.sender == address(this));
        _;
    }

    modifier ownerDoesNotExist(address owner) {
        require(!isOwner[owner]);
        _;
    }

    modifier ownerExists(address owner) {
        require(isOwner[owner]);
        _;
    }

    modifier transactionExists(uint transactionId) {
        require(transactions[transactionId].destination != 0);
        _;
    }

    modifier confirmed(uint transactionId, address owner) {
        require(confirmations[transactionId][owner]);
        _;
    }

    modifier notConfirmed(uint transactionId, address owner) {
        require(!confirmations[transactionId][owner]);
        _;
    }

    modifier notExecuted(uint transactionId) {
        require(!transactions[transactionId].executed);
        _;
    }

    modifier notNull(address _address) {
        require(_address != 0);
        _;
    }

    modifier validRequirement(uint ownerCount, uint _required) {
        require(ownerCount <= MAX_OWNER_COUNT
            && _required <= ownerCount
            && _required != 0
            && ownerCount != 0);
        _;
    }

    /// @dev Fallback function allows to deposit ether.
    function()
        payable
    {
        if (msg.value > 0)
            Deposit(msg.sender, msg.value);
    }

    /*
     * Public functions
     */
    /// @dev Contract constructor sets initial owners and required number of confirmations.
    /// @param _owners List of initial owners.
    /// @param _required Number of required confirmations.
    function MultiSigWallet(address[] _owners, uint _required)
        public
        validRequirement(_owners.length, _required)
    {
        for (uint i=0; i<_owners.length; i++) {
            require(!isOwner[_owners[i]] && _owners[i] != 0);
            isOwner[_owners[i]] = true;
        }
        owners = _owners;
        required = _required;
    }

    /// @dev Allows for adding a new owner. A Transaction has to be sent by the wallet.
    /// @param owner Address of new owner.
    function addOwner(address owner)
        public
        onlyWallet
        ownerDoesNotExist(owner)
        notNull(owner)
        validRequirement(owners.length + 1, required)
    {
        isOwner[owner] = true;
        owners.push(owner);
        OwnerAddition(owner);
    }

    /// @dev Allows removing an owner. A Transaction has to be sent by the wallet.
    /// @param owner Address of owner.
    function removeOwner(address owner)
        public
        onlyWallet
        ownerExists(owner)
    {
        isOwner[owner] = false;
        for (uint i=0; i<owners.length - 1; i++)
            if (owners[i] == owner) {
                owners[i] = owners[owners.length - 1];
                break;
            }
        owners.length -= 1;
        if (required > owners.length)
            changeRequirement(owners.length);
        OwnerRemoval(owner);
    }

    /// @dev Allows replacing an owner with a new owner. A Transaction has to be sent by the wallet.
    /// @param owner Address of owner to be replaced.
    /// @param newOwner Address of new owner.
    function replaceOwner(address owner, address newOwner)
        public
        onlyWallet
        ownerExists(owner)
        ownerDoesNotExist(newOwner)
    {
        for (uint i=0; i<owners.length; i++)
            if (owners[i] == owner) {
                owners[i] = newOwner;
                break;
            }
        isOwner[owner] = false;
        isOwner[newOwner] = true;
        OwnerRemoval(owner);
        OwnerAddition(newOwner);
    }

    /// @dev Allows changing the number of required confirmations. A Transaction has to be sent by the wallet.
    /// @param _required Number of required confirmations.
    function changeRequirement(uint _required)
        public
        onlyWallet
        validRequirement(owners.length, _required)
    {
        required = _required;
        RequirementChange(_required);
    }

    /// @dev Allows an owner to submit and confirm a transaction.
    /// @param destination Transaction target address.
    /// @param value Transaction ether value.
    /// @param data Transaction data payload.
    /// @return Returns transaction ID.
    function submitTransaction(address destination, uint value, bytes data)
        public
        returns (uint transactionId)
    {
        transactionId = addTransaction(destination, value, data);
        confirmTransaction(transactionId);
    }

    /// @dev Allows an owner to confirm a transaction.
    /// @param transactionId Transaction ID.
    function confirmTransaction(uint transactionId)
        public
        ownerExists(msg.sender)
        transactionExists(transactionId)
        notConfirmed(transactionId, msg.sender)
    {
        confirmations[transactionId][msg.sender] = true;
        Confirmation(msg.sender, transactionId);
        executeTransaction(transactionId);
    }

    /// @dev Allows an owner to revoke a confirmation for a transaction.
    /// @param transactionId Transaction ID.
    function revokeConfirmation(uint transactionId)
        public
        ownerExists(msg.sender)
        confirmed(transactionId, msg.sender)
        notExecuted(transactionId)
    {
        confirmations[transactionId][msg.sender] = false;
        Revocation(msg.sender, transactionId);
    }

    /// @dev Allows anyone to execute a confirmed transaction.
    /// @param transactionId Transaction ID.
    function executeTransaction(uint transactionId)
        public
        ownerExists(msg.sender)
        confirmed(transactionId, msg.sender)
        notExecuted(transactionId)
    {
        if (isConfirmed(transactionId)) {
            Transaction storage txn = transactions[transactionId];
            txn.executed = true;
            if (txn.destination.call.value(txn.value)(txn.data))
                Execution(transactionId);
            else {
                ExecutionFailure(transactionId);
                txn.executed = false;
            }
        }
    }

    /// @dev Returns the confirmation status of a transaction.
    /// @param transactionId Transaction ID.
    /// @return Confirmation status.
    function isConfirmed(uint transactionId)
        public
        constant
        returns (bool)
    {
        uint count = 0;
        for (uint i=0; i<owners.length; i++) {
            if (confirmations[transactionId][owners[i]])
                count += 1;
            if (count == required)
                return true;
        }
    }

    /*
     * Internal functions
     */
    /// @dev Adds a new transaction to the transaction mapping, if transaction does not exist yet.
    /// @param destination Transaction target address.
    /// @param value Transaction ether value.
    /// @param data Transaction data payload.
    /// @return Returns transaction ID.
    function addTransaction(address destination, uint value, bytes data)
        internal
        notNull(destination)
        returns (uint transactionId)
    {
        transactionId = transactionCount;
        transactions[transactionId] = Transaction({
            destination: destination,
            value: value,
            data: data,
            executed: false
        });
        transactionCount += 1;
        Submission(transactionId);
    }

    /*
     * Web3 call functions
     */
    /// @dev Returns number of confirmations of a transaction.
    /// @param transactionId Transaction ID.
    /// @return Number of confirmations.
    function getConfirmationCount(uint transactionId)
        public
        constant
        returns (uint count)
    {
        for (uint i=0; i<owners.length; i++)
            if (confirmations[transactionId][owners[i]])
                count += 1;
    }

    /// @dev Returns total number of transactions after filers are applied.
    /// @param pending Include pending transactions.
    /// @param executed Include executed transactions.
    /// @return Total number of transactions after filters are applied.
    function getTransactionCount(bool pending, bool executed)
        public
        constant
        returns (uint count)
    {
        for (uint i=0; i<transactionCount; i++)
            if (   pending && !transactions[i].executed
                || executed && transactions[i].executed)
                count += 1;
    }

    /// @dev Returns list of owners.
    /// @return List of owner addresses.
    function getOwners()
        public
        constant
        returns (address[])
    {
        return owners;
    }

    /// @dev Returns array with owner addresses, which confirmed transaction.
    /// @param transactionId Transaction ID.
    /// @return Returns array of owner addresses.
    function getConfirmations(uint transactionId)
        public
        constant
        returns (address[] _confirmations)
    {
        address[] memory confirmationsTemp = new address[](owners.length);
        uint count = 0;
        uint i;
        for (i=0; i<owners.length; i++)
            if (confirmations[transactionId][owners[i]]) {
                confirmationsTemp[count] = owners[i];
                count += 1;
            }
        _confirmations = new address[](count);
        for (i=0; i<count; i++)
            _confirmations[i] = confirmationsTemp[i];
    }

    /// @dev Returns list of transaction IDs in defined range.
    /// @param from Index start position of transaction array.
    /// @param to Index end position of transaction array.
    /// @param pending Include pending transactions.
    /// @param executed Include executed transactions.
    /// @return Returns array of transaction IDs.
    function getTransactionIds(uint from, uint to, bool pending, bool executed)
        public
        constant
        returns (uint[] _transactionIds)
    {
        uint[] memory transactionIdsTemp = new uint[](transactionCount);
        uint count = 0;
        uint i;
        for (i=0; i<transactionCount; i++)
            if (   pending && !transactions[i].executed
                || executed && transactions[i].executed)
            {
                transactionIdsTemp[count] = i;
                count += 1;
            }
        _transactionIds = new uint[](to - from);
        for (i=from; i<to; i++)
            _transactionIds[i - from] = transactionIdsTemp[i];
    }
}

 

 
 
You Need to deploy  above smart contract in ethereum .. You can you Truffle Framework for smart contract deployment . you must have to write function in desiged language to communicate with
 
 

About Author

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Shashwat Gupta

Shashwat is a bright Mean Stack Developer . He has good experience in development of complex UI's of web application and hybrid mobile applications.

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