A decaying MultiSig that requires no bitcoin script other than regular MultiSigs.
A 3-of-3 that decays into a 2-of-3 at block height x
.
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Alice, Bob, and Carol create a 3-of-3 regular MultiSig output.
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Alice signs the output with
nLocktime = x
andSIGHASH_NONE
. -
She sends this partially signed TX to Bob and Carol.