[How to] redeemScript reconstruction.

In order to be able to move funds out of the multisig escrow address without the locktime tx, the redeemScript is needed. Some users did not bother to save it so here's a way to recreate it.

The redeemScript is made up from three bitcoin public keys, the market's, vendor's, and buyer's.

The buyer and the vendor had to set it in their market profile to be able to use multisig.

Market's so far used the same public key for every transaction I've seen so far.

Traderoute's public key: 02300d6c91f82dca1b9fe59822db4e888316ee8d3f6cde05a1f67eced0c49ac879

Hansa's public key: 02047fb81b818e7062f67becf3061cfd79eab5f0efed9f4643a3589a6765bedbff

Recreating the redeemScript

coinb.in > New > Multisig address copy the three pub keys in this order:

  1. Market
  2. Vendor
  3. Buyer

The order is important, mixing it up gives a different escrow address and redeemScript.

Enter the amount of signatures required to release the coins = 2

You'll get a multisig escrow address and a redeemScript.

Check the multisig escrow address with a blockchain explorer to see if the coins are still there.

To spend those coins go to coinb.in > New > Transaction

Paste the redeemScript

"Address" is the bitcoin address where the funds will go.

Adjust the Amount and deduct a couple of bits for the tx fee.

Create the tx.

Go to coinb.in > Sign

Paste the tx, and paste your bitcoin private key then click Sign. Send the now signed tx to the vendor/buyer so they can sign it too with their own key, then broadcast it on the coinb.in > Broadcast tab

Don't know which private key you need to use to sign?

Paste the bitcoin public key here to get the bitcoin address. You need to sign with the private key of this address.

TLDR: should have saved the timelocked txs or the redeemscript to easily get the coins, but even without these there are still ways to get the coins that would otherwise be lost or stolen.


Comments


[1 Points] dnmthrowawayobvious:

Doesn't it not matter with Hansa because LE fucked with the multi-sig before the takedown so the coins are gone either way?


[1 Points] aeroISNOTagora:

Wait. So you're telling me that with only my public key, my vendors public key and the market public key I can still get my money out of Hansa?


[1 Points] SLEvEnXVF4:

If this is true? Give this guy some gold or btc. Me too!


[1 Points] USAUG:

yea but where do u get buyers public key? and if u cant how can u use locktime script to get the money before 90 days?


[1 Points] BillLawlsby:

Checked the multisig address, TR has taken the coins already.