Could somebody please explain multisig payments to me please? I understand FE and Escrow.
Multisig Payments?
Could somebody please explain multisig payments to me please? I understand FE and Escrow.
[1 Points] CynicalElephant:
[1 Points] -gimmebrains-:
Tl;dr - markets and vendors can't directly scam. After you order, there's a three-way hold on the funds. To complete transaction, two of the three parties must agree.
If it's you and vendor, order done
If it's you and market, you get refunded as vendor lost dispute.
If it's vendor and market, you lost a dispute, vendor gets paid.
No one party can steal the funds.
/r/darknetmarketsnoobs