Creating a vault
You create a vault in three steps: Vault Details, Select Keys, and Review & Create. The threshold and the signers you choose are permanent, so this is the most important governance decision you make for the vault.
Required permissions: Manage vaults (MANAGE_VAULTS).
Prerequisites: Every signer has a signing profile in this workspace.
#Step 1: Vault Details
- Open Vaults and select Create Vault.
- Enter a name.
- Leave Script Type as P2WSH.
- Set Required Signatures (M) and Total Keys (N). For 2-of-3, set 2 and 3.
- Select Continue.
#Step 2: Select Keys
- Select N keys from your workspace's signing profiles. You can pick from a flat list, or by person and then key.
- Select Continue.
Choose keys held by different people
Each key should belong to a different person, or to an HSM under separate control. A vault where one person holds two keys of a 2-of-3 can be moved by that person alone.
#Step 3: Review & Create
Check the name, threshold and signers, then select Create Vault. The vault takes the network of the workspace.
Holders of Manage vaults are notified that the vault was created. The vault's spending policy starts with its default limit; see Vault policies.
Key takeaway
A vault's threshold and signers are fixed at creation. If a signer changes, create a new vault with the new signer set and move the assets across under the old quorum.