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diff --git a/test/functional/wallet_miniscript_decaying_multisig_descriptor_psbt.py b/test/functional/wallet_miniscript_decaying_multisig_descriptor_psbt.py
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+++ b/test/functional/wallet_miniscript_decaying_multisig_descriptor_psbt.py
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+#!/usr/bin/env python3
+# Copyright (c) 2024 The Bitcoin Core developers
+# Distributed under the MIT software license, see the accompanying
+# file COPYING or http://www.opensource.org/licenses/mit-license.php.
+"""Test a miniscript multisig that starts as 4-of-4 and "decays" to 3-of-4, 2-of-4, and finally 1-of-4 at each future halvening block height.
+
+Spending policy: `thresh(4,pk(key_1),pk(key_2),pk(key_3),pk(key_4),after(t1),after(t2),after(t3))`
+This is similar to `test/functional/wallet_multisig_descriptor_psbt.py`.
+"""
+
+import random
+from test_framework.test_framework import BitcoinTestFramework
+from test_framework.util import (
+ assert_approx,
+ assert_equal,
+ assert_raises_rpc_error,
+)
+
+
+class WalletMiniscriptDecayingMultisigDescriptorPSBTTest(BitcoinTestFramework):
+ def add_options(self, parser):
+ self.add_wallet_options(parser, legacy=False)
+
+ def set_test_params(self):
+ self.num_nodes = 1
+ self.setup_clean_chain = True
+ self.wallet_names = []
+ self.extra_args = [["-keypool=100"]]
+
+ def skip_test_if_missing_module(self):
+ self.skip_if_no_wallet()
+
+ @staticmethod
+ def _get_xpub(wallet, internal):
+ """Extract the wallet's xpubs using `listdescriptors` and pick the one from the `pkh` descriptor since it's least likely to be accidentally reused (legacy addresses)."""
+ pkh_descriptor = next(filter(lambda d: d["desc"].startswith("pkh(") and d["internal"] == internal, wallet.listdescriptors()["descriptors"]))
+ # keep all key origin information (master key fingerprint and all derivation steps) for proper support of hardware devices
+ # see section 'Key origin identification' in 'doc/descriptors.md' for more details...
+ return pkh_descriptor["desc"].split("pkh(")[1].split(")")[0]
+
+ def create_multisig(self, external_xpubs, internal_xpubs):
+ """The multisig is created by importing the following descriptors. The resulting wallet is watch-only and every signer can do this."""
+ self.node.createwallet(wallet_name=f"{self.name}", blank=True, descriptors=True, disable_private_keys=True)
+ multisig = self.node.get_wallet_rpc(f"{self.name}")
+ # spending policy: `thresh(4,pk(key_1),pk(key_2),pk(key_3),pk(key_4),after(t1),after(t2),after(t3))`
+ # IMPORTANT: when backing up your descriptor, the order of key_1...key_4 must be correct!
+ external = multisig.getdescriptorinfo(f"wsh(thresh({self.N},pk({'),s:pk('.join(external_xpubs)}),sln:after({'),sln:after('.join(map(str, self.locktimes))})))")
+ internal = multisig.getdescriptorinfo(f"wsh(thresh({self.N},pk({'),s:pk('.join(internal_xpubs)}),sln:after({'),sln:after('.join(map(str, self.locktimes))})))")
+ result = multisig.importdescriptors([
+ { # receiving addresses (internal: False)
+ "desc": external["descriptor"],
+ "active": True,
+ "internal": False,
+ "timestamp": "now",
+ },
+ { # change addresses (internal: True)
+ "desc": internal["descriptor"],
+ "active": True,
+ "internal": True,
+ "timestamp": "now",
+ },
+ ])
+ assert all(r["success"] for r in result)
+ return multisig
+
+ def run_test(self):
+ self.node = self.nodes[0]
+ self.M = 4 # starts as 4-of-4
+ self.N = 4
+
+ self.locktimes = [104, 106, 108]
+ assert_equal(len(self.locktimes), self.N - 1)
+
+ self.name = f"{self.M}_of_{self.N}_decaying_multisig"
+ self.log.info(f"Testing a miniscript multisig which starts as 4-of-4 and 'decays' to 3-of-4 at block height {self.locktimes[0]}, 2-of-4 at {self.locktimes[1]}, and finally 1-of-4 at {self.locktimes[2]}...")
+
+ self.log.info("Create the signer wallets and get their xpubs...")
+ signers = [self.node.get_wallet_rpc(self.node.createwallet(wallet_name=f"signer_{i}", descriptors=True)["name"]) for i in range(self.N)]
+ external_xpubs, internal_xpubs = [[self._get_xpub(signer, internal) for signer in signers] for internal in [False, True]]
+
+ self.log.info("Create the watch-only decaying multisig using signers' xpubs...")
+ multisig = self.create_multisig(external_xpubs, internal_xpubs)
+
+ self.log.info("Get a mature utxo to send to the multisig...")
+ coordinator_wallet = self.node.get_wallet_rpc(self.node.createwallet(wallet_name="coordinator", descriptors=True)["name"])
+ self.generatetoaddress(self.node, 101, coordinator_wallet.getnewaddress())
+
+ self.log.info("Send funds to the multisig's receiving address...")
+ deposit_amount = 6.15
+ coordinator_wallet.sendtoaddress(multisig.getnewaddress(), deposit_amount)
+ self.generate(self.node, 1)
+ assert_approx(multisig.getbalance(), deposit_amount, vspan=0.001)
+
+ self.log.info("Send transactions from the multisig as required signers decay...")
+ amount = 1.5
+ receiver = signers[0]
+ sent = 0
+ for locktime in [0] + self.locktimes:
+ self.log.info(f"At block height >= {locktime} this multisig is {self.M}-of-{self.N}")
+ current_height = self.node.getblock(self.node.getbestblockhash())['height']
+
+ # in this test each signer signs the same psbt "in series" one after the other.
+ # Another option is for each signer to sign the original psbt, and then combine
+ # and finalize these. In some cases this may be more optimal for coordination.
+ psbt = multisig.walletcreatefundedpsbt(inputs=[], outputs={receiver.getnewaddress(): amount}, feeRate=0.00010, locktime=locktime)
+ # the random sample asserts that any of the signing keys can sign for the 3-of-4,
+ # 2-of-4, and 1-of-4. While this is basic behavior of the miniscript thresh primitive,
+ # it is a critical property of this wallet.
+ for i, m in enumerate(random.sample(range(self.M), self.M)):
+ psbt = signers[m].walletprocesspsbt(psbt["psbt"])
+ assert_equal(psbt["complete"], i == self.M - 1)
+
+ if self.M < self.N:
+ self.log.info(f"Check that the time-locked transaction is too immature to spend with {self.M}-of-{self.N} at block height {current_height}...")
+ assert_equal(current_height >= locktime, False)
+ assert_raises_rpc_error(-26, "non-final", multisig.sendrawtransaction, psbt["hex"])
+
+ self.log.info(f"Generate blocks to reach the time-lock block height {locktime} and broadcast the transaction...")
+ self.generate(self.node, locktime - current_height)
+ else:
+ self.log.info("All the signers are required to spend before the first locktime")
+
+ multisig.sendrawtransaction(psbt["hex"])
+ sent += amount
+
+ self.log.info("Check that balances are correct after the transaction has been included in a block...")
+ self.generate(self.node, 1)
+ assert_approx(multisig.getbalance(), deposit_amount - sent, vspan=0.001)
+ assert_equal(receiver.getbalance(), sent)
+
+ self.M -= 1 # decay the number of required signers for the next locktime..
+
+
+if __name__ == "__main__":
+ WalletMiniscriptDecayingMultisigDescriptorPSBTTest(__file__).main()