MPC Quorums

Each MPC wallet requires a quorum to share the distributed shards of the particular wallet key. Quorums are created at an organisational level within the Controls page, accessible from the main navigation and then added upon wallet creation.

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Creating a quorum is a one-time action and cannot be changed once created.

Create a quorum

Name and description

Give each quorum a useful name and description. This will allow others in the organisation to easily identify the quorum and its intended purpose.

Key shard holders

Creating a quorum requires a number of registered devices within the organisation. Each device requires Palisade mobile app downloaded and registered to the organisation. Select the devices you wish to belong to the quorum. Learn how to register a device

A quorum needs a minimum of three devices.

Required signatures

This sets the number of signatures required to sign an MPC transaction. This number should always be set to at least one below the number of devices in the quorum to prevent requiring every device each time.

How they work

During quorum creation each device will receive a notification requesting the device joins the quorum. If one or more device rejects this notification the quorum will not be formed.

On wallet creation each device in the quorum will be notified. If available to accept, the wallet will be created. If one or more device rejects it will not be created.

During a transaction a random number of quorum devices will receive a notification requesting a signature through the Palisade mobile app. Providing the minimum number of devices sign the transaction it will be submitted.