Revealed exclusively to CoinDesk, Misthos launched its multi-signature wallet Monday on top of Blockstack’s decentralized application platform.
To that end, all proposed payouts from a venture using a Misthos wallet must be approved unanimously by the partners in that venture.
Carter described this model as “moving away from an employee-employer relationship to a group consensus about who contributed value.”
Several partnerships are already using Misthos to distribute bitcoin among members, including the four-person team behind Munich-based bitcoin publication Coin Trainer.
This is why Jude Nelson, lead blockchain engineer at Blockstack, told CoinDesk such democratic projects will require both on-chain and off-chain coordination.

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