MultiSig with HD Wallets

If I create, say, a 2-of-3 Multi-Sig setup where all 3 keys are master keys from HD wallets, does each person then have to generate a whole bunch of addresses to then combine with the other 2 people or can the three people just combine master keys and then from there derive public keys from that new master address?

For example, does combining three master keys then create a new wallet where all of its children keys follow the same 2-of-3 rules as the master key or do all three people have to generate their entire key trees and individually line them up and create individual multisig addresses?

submitted by /u/MyleSher
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from Bitcoin - The Currency of the Internet https://ift.tt/feQ0jEq

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