diff --git a/libraries/plugins/peerplays_sidechain/bitcoin_utils.cpp b/libraries/plugins/peerplays_sidechain/bitcoin_utils.cpp
index 73ca615f..53441820 100644
--- a/libraries/plugins/peerplays_sidechain/bitcoin_utils.cpp
+++ b/libraries/plugins/peerplays_sidechain/bitcoin_utils.cpp
@@ -761,8 +761,14 @@ bytes add_signatures_to_unsigned_tx(const bytes &unsigned_tx, const std::vector<
 
 std::string get_weighted_multisig_address(const std::vector<std::pair<std::string, uint64_t>> &public_keys) {
    std::vector<std::pair<fc::ecc::public_key, uint64_t>> key_data;
-   for (auto p : public_keys)
-      key_data.push_back(std::make_pair(fc::ecc::public_key::from_base58(p.first), p.second));
+   for (auto p : public_keys) {
+      fc::ecc::public_key_data kd;
+      for (uint32_t i = 0; i < p.first.length(); i += 2) {
+         std::string byte_str = p.first.substr(i, 2);
+         kd.data[i / 2] = (char)std::strtol(byte_str.c_str(), NULL, 16);
+      }
+      key_data.push_back(std::make_pair(fc::ecc::public_key(kd), p.second));
+   }
    bytes redeem_script = generate_redeem_script(key_data);
    return p2wsh_address_from_redeem_script(redeem_script);
 }