I really wanted to write pretty much this exact tutorial for a few months, but sadly I couldn't motivate myself to tinker around with that stuff. Sadly school is too demanding this year, and if I technically have free time (like right now for example), I either want to do *nothing*, or have other more important things to do :(((
But looking at your post, I know that it's better than my post would've been. For sure ;-)
Let's hope I can finally get myself to write that post about me taking away those delegations D:

Thanks for your post, it's neat :P

LGTM, so far.  I can at least run these scripts.  I haven't dug any deeper yet.

```
bucky:multisig-guide-beem (master)$ python3 get_transaction.py
usage: get_transaction.py [-h] --account ACCOUNT --to TO --amount AMOUNT
                          --asset ASSET [--memo MEMO]
get_transaction.py: error: the following arguments are required: --account, --to, --amount, --asset
bucky:multisig-guide-beem (master)$ python3 set_authorities.py
usage: set_authorities.py [-h] [--key-weight key weight]
                          [--account-weight account weight] --threshold
                          THRESHOLD --account ACCOUNT --role ROLE
set_authorities.py: error: the following arguments are required: --threshold, --account, --role
bucky:multisig-guide-beem (master)$ python3 sign_and_broadcast.py
usage: sign_and_broadcast.py [-h] --trx TRX [--append-signature] [--broadcast]
sign_and_broadcast.py: error: the following arguments are required: --trx
bucky:multisig-guide-beem (master)$
```

These are expected results since I didn't set up a multi-key account.  I'll dig a little deeper later on.

Thank you for your contribution.
- Interesting to see the original guide request by @timcliff, this could have large implications on the Steem blockchain.
- Overall your coverage of the topic is well detailed. 
- Appreciate you making edits to include alternative approach using beempy, makes the tutorial more elaborate.
- Good use of screenshots and output results. Gists are quite helpful too! Few additional comments there would have been more helpful.
- Also loved your additional thoughts on the whole concept overall.

Good luck winning the bounty :)

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I basically did exactly this but was too slow about it, so I'm pretty sure it works.

The first part can be done much, much more easily with beempy's allow command. 

>allow -a targetaccount --permission active --weight 10 signingaccount

and then when you get to the last one  add --threshold 40 after the weight. (Don't do it before or you won't be able to add new ones without the owner key or building a multisig transaction to do it.)

>Even with a multi-sig active authority, transfers can still be done with the owner authority (currently requiring only one sig with the example account).

>However, the exact same concept can be applied to the owner authority as well. This has to be done carefully, since a mistake there could render the account unusable and the funds locked.

In looking for an easy way to get my test account usable again, I discovered that a master password reset will automatically change the weight of all that account's native keys to the Threshold weight, presumably including the owner key, though I didn't test for it. I don't know that there's any way to prevent that.

I would presume account recovery behaves similarly.

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