bitpay-wallet

Bitpay Wallet (formerly Copay) implements a multisig wallet using p2sh addresses. It supports multiple wallets, each with its own configuration, such as 3-of-5 (3 required signatures from 5 participant peers) or 2-of-3. To create a multisig wallet shared between multiple participants, Bitpay Wallet requires the extended public keys of all the wallet participants. Those public keys are then incorporated into the wallet configuration and combined to generate a payment address where funds can be sent into the wallet. Conversely, each participant manages their own private key and that private key is never transmitted anywhere.