Veritas Escrow Service / MultiSig m-of-n tx support [BTC/LTC/PPC/NVC/42]

[Lasergun]

Escrow completed, funds successfully released. Thanks for using our service, hope You assessed the security of MultiSig transactions and will recommend us for others.

Sorry, I was busy and couldn't reply earlier.
Serge was very patient and comprehensively answered all my questions. Entire process went smoothly. Thank you for giving us such trustworthy escrow. I will use this service for my future trades.

[Serge V.]

Sorry, I was busy and couldn't reply earlier.
Serge was very patient and comprehensively answered all my questions. Entire process went smoothly. Thank you for giving us such trustworthy escrow. I will use this service for my future trades.

Thank You for feedback.

[Serge V.]

Only two offers for lifetime free MultiSig escrow left.

[Serge V.]

Multi-signature addresses are like joint bank accounts, and are partially owned by each person who put forward a key to create it. When creating a multi-signature address, you need to specify how many of the owners need to sign to release the funds.

The Case for Multisig
You could set up an account between you and your wife that both of you can spend from, by creating a 1 of 2 address. This means: of the two keys used to create this address, a signature from only one party is required. Any money that was sent to this address could be spent by either party.

If you wanted to create a joint account, but wanted to approve transactions before the other person can spent money, you can create a 2 of 2 address. Of the two keys used to create the address, a signature from both is required. Both people who partially own the address can create unsigned transactions, and sign them with their own key, but without a signature from the second party, the transaction cannot go through. This could be the savings account you have with your wife, or maybe your wallet on another website. If one of you gets hacked, you still need the other to approve payments.

You can generate addresses with up to twenty possible signatories. So you could have a 5 of 10 address, where 5 people of the 10 need to agree on where the funds are going. This is pretty arbitrary until you find a purpose for your address.

One of the interesting cases is a 2-of-3 signature address, which allows for funds to be safely locked in escrow. If two people wish to perform a transaction (like purchase of goods, or services), but both parties fear that the other might not be trust-worthy, they can elect a trusted 3rd party as a signatory. If either party reneges on the agreement, the third party can create a transaction paying the money to the deserving party.

About MultiSig and how it works.

[Serge V.]

DOGE Coin support added. Enjoy safe trades with Your favourite coin!


Upd. Test results.

Buyer address: DUJcm1yh1uXAcgHpWJFybXVuUEeGiYFqK3
MultiSig address: 9rTnpxiVZC4rmHE6E2KFWtqsxWvs21SgaC
Seller address: DKto2emNY8jFNukyjX1LzgLSc3YuwTHbQC

[Lasergun]

Check PM, please.

[Serge V.]

Our service is also available on litecointalk.org now.

[Serge V.]

Need reliable escrow? Contact us via PM or Tox. Unlike other secure messaging solutions, Tox does not require you to be a computer programmer to use it. Tox comes out-of-the-box with an easy-to-use interface:

[jeffersonairplane]

while I understand the added security of multi-sig I still wouldn't trust any money with a newbie or people who's reputation I cannot verify.

[Serge V.]

while I understand the added security of multi-sig I still wouldn't trust any money with a newbie or people who's reputation I cannot verify.

Sorry, but without any arguments this is empty words...

P.S. Most people get trusted feedback while trade. MultiSig escrow agent don't need to be a trader!

[jeffersonairplane]

while I understand the added security of multi-sig I still wouldn't trust any money with a newbie or people who's reputation I cannot verify.

Sorry, but without any arguments this is empty words...

P.S. Most people get trusted feedback while trade. MultiSig escrow agent don't need to be a trader!

yeah but I don't get why anyone would want to use you for escrow when there are already so many more reputable escrow providers who have done many transactions.

the question is why would anyone take this risk, even if minimal to none, when there are already much less risky options?

[kishan889]

Escrow from a NEWBIE
Hehehe Nice try
Go and have a sleep.. Don't waste your time

[Serge V.]

Escrow from a NEWBIE
Hehehe Nice try
Go and have a sleep.. Don't waste your time

I will pay 0.5 BTC if You provide to us argumentatively prove that regular escrow from hero trusted member is better than MultiSig transaction escrow from a NEWBIE.

[Xsecure]

Well, some day you are not newbie
I think It's not the point what user level account you have, more important is how safe your escrow method is.
keep going and earn your trust 

[Serge V.]

Thanks, Newbie . But waiting for reply from a "Full Member".

[Serge V.]

PPC support added. Enjoy safe trades with Your favourite coin!

Test result: https://coinplorer.com/PPC/Transactions/bf0a16025e5b52c99b4199d75b363a79a258d22702bd186d60faaa73a27e00fd

[Serge V.]

Great News! New dialog available in the latest versions of PPC and NVC clients allowing basic operations with multisig addresses (more easily than with the RPC system):

[Serge V.]

yeah but I don't get why anyone would want to use you for escrow when there are already so many more reputable escrow providers who have done many transactions.

the question is why would anyone take this risk, even if minimal to none, when there are already much less risky options?

What can happen with anyone who looking for "more reputable escrow providers": https://bitcointalk.org/index.php?topic=911232.0

What conclusion from this story can make everyone? - Never trust to the third party (YOU DO NOT NEED TO DO THIS!!!), use MultiSig transactions escrow for valuable things, only this can protect You from third party error...

[jeffersonairplane]

Can not find trusted person for LTC escrow, some not response, others:

Hi, I need your escrow. I want to sell 60 LTC for 200 VISA USD.

Hi sorry I don't deal with alts.

Escrow completed, funds successfully released. Thanks for using our service, hope You assessed the security of MultiSig transactions and will recommend us for others.

Yes, I do apologize and I understand now. It seems like this could be a good service and more escrows should adopt this method over the traditional way of having a neutral third party hold on to the goods/currency.

[Serge V.]

Thank you for understanding and reply, we will be happy to provide You our service.