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Title: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: GrapeApe on October 15, 2014, 10:15:10 PM MultiSig MicroTrust Escrow
(Why Trust A Stranger) Why trust me? Don't!!! This is about reducing risk maybe you should ask your regular escrow provider to offer multisig escrow it's safer... MultiSig MicroTrust Escrow/Arbitration (https://coinb.in/multisig) EDIT: I wish I could take credit for this but all I did was host it. OutCast3k wrote the source. I have reached out to him to let him know what I did but have heard nothing. Full Credit goes to him. When the transaction ends well and the buyer is satisfied, the buyer and the seller can sign a transaction together that releases the payment from the multisig address to the seller. In case of a dispute, both parties can contact the 3rd party, explain their side of the story and ask him to approve a transaction that releases the payment in the manner they find fair. The 3rd party can only approve a transaction that is signed by either the buyer or the seller, and cannot control the funds otherwise. This is all done with the bitcoin-QT client as well. Title: Re: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: L3G1T on October 18, 2014, 08:22:27 PM Look good man
Title: Re: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: wangxinxi on October 25, 2014, 02:51:36 PM MultiSig MicroTrust Escrow (Why Trust A Stranger) Why trust me? Don't!!! This is about reducing risk maybe you should ask your regular escrow provider to offer multisig escrow it's safer... MultiSig MicroTrust Escrow/Arbitration (https://bitcointaxi.co/multisig.html) EDIT: I wish I could take credit for this but all I did was host it. OutCast3k wrote the source. I have reached out to him to let him know what I did but have heard nothing. Full Credit goes to him. When the transaction ends well and the buyer is satisfied, the buyer and the seller can sign a transaction together that releases the payment from the multisig address to the seller. In case of a dispute, both parties can contact the 3rd party, explain their side of the story and ask him to approve a transaction that releases the payment in the manner they find fair. The 3rd party can only approve a transaction that is signed by either the buyer or the seller, and cannot control the funds otherwise. This is all done with the bitcoin-QT client as well. 404 error Title: Re: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: GrapeApe on October 25, 2014, 02:59:38 PM 404 error Sorry fixed now. I forgot to update the link. Title: Re: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: wangxinxi on October 25, 2014, 03:08:30 PM I still cannot see https://bitcointaxi.co/multisig.html
The following is the error Not Found The requested URL /multisig.html was not found on this server. Additionally, a 404 Not Found error was encountered while trying to use an ErrorDocument to handle the request. Title: Re: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: GrapeApe on October 25, 2014, 03:11:11 PM That's what had to be updated. It isn’t hosted at bitcointaxi.co any longer. I can't change the link in your post. You can. Just use the link up top or the one in my signature.
EDIT: Here are detailed instructions on how to do this with bitcoin-QT from Gavin Adresen. https://gist.github.com/gavinandresen/3966071 Title: Re: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: wangxinxi on October 25, 2014, 03:17:20 PM I see. you need to change your https certificate now.
Title: Re: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: GrapeApe on October 25, 2014, 03:23:29 PM I see. you need to change your https certificate now. Yep I knew that was coming next. You'll have to talk to OutCast3k about that. It's his self signed certificate and his website. I have one from GoDaddy and was hosting this myself using his api but his api isn't working for me any longer so I had to point it back to him. If you have any web dev skills maybe you could help me with my own api? I would offer some kind of bounty. Title: Re: Why Trust A Stranger With Your Funds? MultiSig MicroTrust Escrow Post by: saver on October 29, 2014, 03:49:56 AM thank you for your sharing, but i think the third party is ok for me.
I always check their credit before making a deal with others. |