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I heard a few times about multi-signature addresses on Cardano, but I never really saw an example using such an address. I found some documentation about this here, but I realized it is outdated and the commands are not working anymore as they are on this page. This is why I decided to write this post after doing some successful tests with multi-signature addresses.
I decided to create 3 private keys for my multi-signature address demo, and I did it on testnet, but it is the similar to mainnet. I am using Daedalus-testnet as my cardano node for my demo. I also created a Github repository with the files used in this demo, to be easier to create locally the files, in case someone wants to test this.
After witnessing the transaction and submitting it, the 4.8 tADA were transferred. As soon as Vacuum Labs will update the Ledger firmware to support Alonzo era transactions (this will happen soon: https://github.com/vacuumlabs/cardano-hw-cli/issues/114), the “transaction build” command should also work, as in the guide.