ELI5: Multisig setup for ALL Markets

Request your favorite market and I will post an update with it.

Hansa: Pending

Oasis: http://i.imgur.com/vdlR30K.png

AlphaBay: http://i.imgur.com/7LDOsCU.png

Markets without multisig capabilities:

Nucleus

Dream Market

Tochka

The Majestic Garden

Crypto Market

Darknet Heroes League

German-Plaza

I'm just going to assume I miscalibrated my sense of humor.

Don't downvote if this information is trivial to you. I'm not doing this for popularity.

I'm doing it so we can finally make the move to formal adoption and make it MANDATORY!

There is a large population of users who can benefit from this. The information available is too diluted with technical jargon for the basic end user. This process could become entirely automated for customers in the future, and those who care to learn more about it will find that information easily.

I'm also working on the simplified multisig spending guide. I want it to be as nontechnical as possible, which is obviously a challenge with any cryptographic subject matter. But the majority of users wont ever need to know that, so following the above guide is sufficient.


Comments


[10 Points] None:

"It's still too hard" - 99% of the users in this sub too drugged up to see straight.

Great guide, you should include how to get the private key from an Electrum address.


[3 Points] throwyourdog22:

ELI5: what is multisig and why should i use it?


[3 Points] None:

Make sure that you do not ever put bitcoins in the address used for the multisig keys. You may need to release the private key at some point and shouldnt have coins there at risk if that happens.

I use an address I created in blockchain, then archived, so that i dont use it.


[1 Points] Litico:

Make a guide on how to get your coins back once shit hits the fan


[1 Points] IsThatPurple:

Anybody knows any tutorial how i can multisig with Electrum? (No Tails) Cheers


[1 Points] DNSwaganomitry:

When will Dream incorporate multisig?


[1 Points] CookyDough:

Thanks.


[1 Points] plsnogod1:

Could you explain what happens after you send your coins to that address on alphabay?

will the vendor see that and mark the order received/shipped?

What happens in the case of you not receiving your goods, is there an auto-finalize that you need to dispute?