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Muhammed Zakir
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June 28, 2015, 01:04:35 PM
 #21

Then please define what do you mean by "offline"?

Maybe I'm using improper wording, what I mean is just generating keypairs without using the wallet.
Like this:
http://bitcoin.stackexchange.com/questions/7491/how-to-generate-keypair-completely-offline

The offline in that question make sense but not in yours. In yours, keys are not generated offline. Can you tell how the private keys are generated? Anyway, this is not really a good way to escrow but good luck!

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-XXIII- (OP)
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June 28, 2015, 01:22:52 PM
 #22

this is not really a good way to escrow

I'd like to know why you think this?
In my view, vendor initiated, end-to-end escrow, where the recipient simply imports an address, delivered to their inbox secured by PGP encryption, apart from a lack of multisig I'm not sure how this service is lacking.
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June 28, 2015, 01:38:46 PM
 #23

I dont think you correctly understand how multisig works or how you would go about setting it up. I would be glad to help you if you want the help. feel free to pm me.
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June 29, 2015, 02:12:23 AM
 #24

I dont think you correctly understand how multisig works or how you would go about setting it up.

He was right. And with a bit more explanation and research, it's clear to me now that
the method that I built this service is pretty well obsolete when you include multisig.

I had the idea to encrypt BTC private keys with public PGP keys, and provide the simplest escrow possible. In my opionion, this method is
still safe, but not knowing about multisig and running with an idea kinda bit me in the arse here. This is why research is important.

I still believe in the right to a free and safe option for escrow, and would still like to see this vision a reality.
In the meantime, it's been suggested to look into partnering with a third-party trust; I'll look into that.

There would be no harm in offering both 1-of-1 alongside 2-of-3, for those who truly can't wrap their head around multisig, or laymen.

That's all for now, thanks to everyone for their input and direction.
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June 29, 2015, 10:21:22 AM
 #25

Then please define what do you mean by "offline"?

Maybe I'm using improper wording, what I mean is just generating keypairs without using the wallet.
Like this:
http://bitcoin.stackexchange.com/questions/7491/how-to-generate-keypair-completely-offline

No matter the choice of word you use to qualify what you have to offer it would still met with stiff resistance because you are a newbie and your account is very new, I would have suggested that you build your account to at least Member level here and gain some trust before you can introduce something like this rather asking us to discover bugs in your project for bounty.

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July 11, 2015, 10:46:09 AM
Last edit: January 25, 2016, 07:32:41 PM by -XXIII-
 #26

Update Jan 25, 2016:

keysCrow has been rewritten and is now live. An announcement will be coming.

bump

After much trial, error, sweat, tears and smoke, I'm happy to announce Multisig support for Keyscrow.

We're really glad the community pointed us in the right direction with multisig, as it's even easier and more secure than our previous launch.

Clearnet:
   http://keyscrow.com/
Deepweb:
   http://crow6lupekunor5l.onion/


As always, feedback is always welcome, but first I need a nap.
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