createmultisig is not working as intended. Am i missing something?

Question

We tried sending asset from one account to another (within node1) using multisig, where 2 others have to sign to complete the transaction.

1)  lock unspent amount from address1

chain1: preparelockunspentfrom "1PoDr684LkrMoxW9MSdpsdUe3aNx75CLMmSg4Z" "{\"INR\":1000}"

2) creating multisig for 3 signators

chain1: createmultisig 3 '["020bcf4b16239d52ce753a81ad8dfe033fa8961068c19546e91852cae74c409528", "02aa2260a493441b5d974b3bb512620b9718c9aaa96b96c8acb1c4ed8eacc48b22", "03ab6fa5f4a9b8eb9db6271af4272bc0c3d10a38a37462a29726e2a733fa1bd98d"]'                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
4)  creating raw transaction

chain1: createrawtransaction '[{"txid":"aca75cf48ac4e33bb8b62692bf749b6d2e3be709116239d52ce753a81ad8dfe033fa8961068c19546e91852cae74c4095282102aa2260a493441b5d974b3bb512620b9718c9aaa96b96c8acb1c4ed8eacc48b222103ab6fa5f4a9b8"}]' '{"1aGX1ZYjJ8ri7gw5TL1ZZmRt7WwJxWku8JJzMX":{"INR":1000}}''                                                                                                                                                                                                                                                                                                                                                                                                                                   
5) signing transaction

chain1: signrawtransaction 01000000015799b2f2a0e673303cb6d91709e73b2e6d9b74bf9226b6b83be3c48af45ca7ac0000000000ffffffff0100000000000000003776a914f624e1c8d66e4e4b4a88eb88fd6a1ea0168653b688ac1c73706b7113672628ca3ab2373249c8537bee730aa0860100000000007500000000
{"method":"signrawtransaction","params":["01000000015799b2f2a0e673303cb6d91709e73b2e6d9b74bf9226b6b83be3c48af45ca7ac0000000000ffffffff0100000000000000003776a914f624e1c8d66e4e4b4a88eb88fd6a1ea0168653b688ac1c73706b7113672628ca3ab2373249c8537bee730aa0860100000000007500000000"],"id":1,"chain_name":"chain1"}

{
    "hex" : "01000000015799b2f2a0e673303cb6d91709e73b2e6d9b74bf9226b6b83be3c48af45ca7ac000000006a4730440220572785f605071f5ba526452255f3f74aac6d4dff52306a14b5d36e4d312dea9a0220259ab7f01871c7735f90be74517ac79c15790b2f27dc81533e9e54cbd25309a1012102aa2260a493441b5d974b3bb512620b9718c9aaa96b96c8acb1c4ed8eacc48b22ffffffff0100000000000000003776a914f624e1c8d66e4e4b4a88eb88fd6a1ea0168653b688ac1c73706b7113672628ca3ab2373249c8537bee730aa0860100000000007500000000",
    "complete" : true
}

If you notice, in the above output, we have "complete":true

Why does it say that the transaction is complete when other n-required signators have not signed yet? Isn't it wrong? or am i missing something?

Answer 1

This transaction you are building is the one which sends assets from a regular address to a multisig address, so only that single regular address needs to sign it. You don't need also this complex process and can combine steps 1, 4, 5 and sending into:

sendassetfrom 1PoDr684LkrMoxW9MSdpsdUe3aNx75CLMmSg4Z [the multi sig from step 2] INR 1000

Then to spend those funds, you require the more complex multi-stage process.

BTW you should probably call addmultisigaddress instead of createmultisig, so that the address goes into the node's wallet and the wallet tracks its balance and incoming transactions.