How to create a multi-signature transaction on Cardano?

To create a multi-signature transaction on Cardano:

  1. Set up a multi-signature script using the Cardano CLI, defining the required signers.
  2. Create a transaction draft, specifying inputs, outputs, and the multi-sig script.
  3. Generate the transaction body.
  4. Have each required signer sign the transaction body separately using their private keys.
  5. Assemble the final transaction by combining the transaction body and all required signatures.
  6. Submit the fully signed transaction to the network.

This process requires coordination among all signers and is typically used for enhanced security in managing shared funds or for governance purposes.

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