Transaction fee in mutlisig transactions

+2 votes

I'm using as a reference. If I set up my blockchain to have a native currency and transaction fees and I have a 2-of-3 multisig wallet. When I have a transaction to send out funds from the multisig wallet, where will the transaction fee be deducted from? The address that initiated the transaction? The 2nd approver? Or from the wallet funds themselves?


asked Apr 13, 2018 by anonymous

1 Answer

0 votes

If you follow that tutorial, the fee will be deducted from the multisig address itself, and this will be set automatically by createrawsendfrom.

You might also want to consider taking more control over the fee by using createrawtransaction to manually specify the unspent outputs to spend, and appendrawchange to add the change output.

answered Apr 15, 2018 by MultiChain