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Two questions about multisig account? #6148

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King31T opened this issue Jan 16, 2025 · 4 comments
Open

Two questions about multisig account? #6148

King31T opened this issue Jan 16, 2025 · 4 comments

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@King31T
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King31T commented Jan 16, 2025

  1. Is a newly created account a multi signature account by default?
  2. Why the cost of account permission update is so expensive(100 TRX)?
    
    
@Sunny6889
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@King31T First question: No. Default is single signature only.

@King31T
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King31T commented Jan 16, 2025

@King31T First question: No. Default is single signature only.
Is there way to create a multi sig account directly?

@ferdinand026
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@King31T First question: No. Default is single signature only.
Is there way to create a multi sig account directly?

No. Two steps: create a new account, then change the permission for it.

@Sunny6889
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@King31T Regarding your second question, I think it might be to prevent abuse of the feature, as multi-signature consumes more TRON's computational resources and more API requests. Additionally, not only does it require 100 TRX to create, but when using multi-signature transactions, there is an additional charge of 1 TRX aside from the transaction fees.

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