TotalSig is MPC multisig wallet that offers #litecoin #multisigs and all popular blockchains in a single application. You can create a #ltc multisig wallet in less than a minute and send coins and tokens simply and easily. #ltccommunity #ltccoin #ltcnews #litecoinnews
Read on how MPC works – https://www.totalsig.com/blog/how-multsig-wallet-works
Visit our website: www.totalsig.com
Follow us on Twitter 👉 https://x.com/totalsig_wallet
Join Telegram 👉 https://t.me/totalsig_wallet
==== Content of this video ====
00:00 – Intro
00:11 – Create a new Litecoin multisig
01:20 – Multisig wallet ready
01:33 – MPC technology overview
01:48 – Send TRX from Tron wallet
02:30 – Final words
Hello everyone, in this video, we will teach you how to create a Litecoin multisig wallet. We’ll use a Total Sig wallet featuring MPC multisig technology. Start by clicking the “New multisig” button, select the Litecoin network, select the number of participants, select the minimum number
Of signatures that will be required to approve a transaction. If everything is fine, make sure that all other wallet participants are online and ready to join the wallet, click “Create” button, copy the session ID, and share it via Telegram or email with other wallet participants. To
Copy the session ID, simply click the Copy button. Once other participants have received the session ID from you, they should open their Total Sig account and click the “Join multisig” button, paste the session ID in the text field, and click “Proceed”. Review wallet details,
If everything is fine, click “Join”. Once all the participants have joined, wait for the MPC algorithm to create the wallet. You have successfully created your Litecoin multisig wallet. Your new LTC multisig looks identical to a standard single-user Litecoin wallet, but
It is a fully pledged multisig and significantly simplifies the multisig procedure. Check out the link in the description if you want to learn more about how MPC technology works. For the next phase, we’ll guide you through the process of making a multisig transaction using a newly
Created Litecoin multisig wallet. Click on the “Send” button, fill in the recipient’s address, and the amount you wish to transfer. Review the transaction details, and then click “Send”. A transaction request is now created and awaiting approvals from other wallet participants. Other
Participants should now open their Total Sig app and navigate to the Litecoin wallet with a pending transaction, click the pending request, and review transaction details. If the details are correct, click “Approve”. Once the required number of approvals is collected, the transaction
Will be signed and sent to the blockchain. Congratulations, you’ve learned how to create and operate a Litecoin multisig wallet. Please like and share this video if you found it useful.