HELP! MultiSig payment made easy using Electrum and Panacea

Posted from Panacea - Flower Sanctuary, A Cannabis Only site


What you need to start:

Electrum could not find an existing wallet.

What do you want to do?

. Create new wallet . Restore an existing wallet from its seed . Create a watching-only version of an existing wallet

Your wallet generation seed is:

[this is an example/test Electrum wallet only, each new wallet has its own seed]

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Please write down or memorize these 12 words (order is important). This seed will allow you to recover your wallet in case of computer failure. Your seed is also displayed as QR code, in case you want to transfer it to a mobile phone.

WARNING: Never disclose your seed. Never type it on a website.

Your seed is important! To make sure that you have properly saved your seed, please retype it here.


Please choose a password to encrypt your wallet keys. Leave these fields empty if you want to disable encryption.

New Password __________________________________

Confirm Password ________________________________

Electrum is generating your wallet, please be patient. . . . . .

Electrum communicates with remote servers to get information about your transactions and addresses. The servers all fulfil the same purpose only differing in hardware. In most cases you simply want to let Electrum pick one at random if you have a preference though feel free to select a server manually.

How do you want to connect to a server: . Auto connect . Select server manually

THIS IS NOW YOUR WALLET allow a few moments to sync


File Wallet Tools Help

History Send Receive Contacts Console

Receive Tab: This will have several BTC address already attached to your Electrum wallet for you to used immediately


Buy/transfer/tumble BTC amount to an address on your Electrum Wallet, once received...

. Send Tab

Pay to _______________________________ (enter the Multi-sig wallet address)

Description ______________________________ (users choice)

Amount ___________________________________ (amount required for order)

Fee ________________________ (no action required )

Your payment will be sent to the 3/3 multi-sig address created for this particular order (BTC address starts with 1xxxxxx, MS address starts with 3xxxxx ) (the MS address can also be checked via blockchain.info)

The order BTC escrow will remain against this 3xxxx wallet address, always off-site, until 2 of the 3 key holders release the funds.

Only you can be responsible for your own safety and security, please take the necessary steps to keep yourself as safe as possible :-* :-*


LadyHawke.


Forum Thread: flower777wpnxpkj.onion/index.php?topic=106.0



Comments


[5 Points] o020303:

Cool I remember how easy it was to set up MS when this market gets seized just like C9. Also didn't your admin get doxxed? Perhaps not, but weren't there some sketchy agreements made behind the scenes with other market admins? Are you going to lie again about Panacea not running on the same code as C9 despite the market starting up with the exact same looks and user / vendor system? Don't say that it is not, because:

If you wish to sell, you must choose Vendor, you cannot upgrade later on.

Is a dead giveaway that you are using the same code. I'm sure you can come up with enough excuses to pretend that Panacea has no link other C9 other than missy helping you on MS (lol). And I am sure using female admin handles is another big coincidence. Fact is. LE has C9's code and will be able to find any vulnerability in it and turn this against Panacea. Another fact is that Missy ran off with the BTC's from C9, not a big deal, but if he/she/them is working on panacea (which I am convinced of) then anyone trusting your market is incredibly naive.


[2 Points] RosyPalm:

Very nice for a Q&D basic setup guide. You should clean it up and pastebin it :-)

In my opinion, the weak link is having the DNM provide the address. That still leaves the DNM in a position to taint the process. Users should never assume multi-sig=100% risk free and should always exercise due caution.


[1 Points] sheeproadreloaded2:

My seed IS important. Thank you for recognizing that.

Its also got me into a lot of trouble over the years.


[1 Points] andyandroscam:

Dont understand how this is helpful to using multisig properly..

How is the 3# address getting created? And who is holding the private keys for signing? If the market is doing this and has access to the private keys (or two of them), this still creates a situation where market can move funds as they choose.

Suggestion to all: dont follow this guide unless its updated with alot more info on how the private keys are generated and if the market ever has the chance to see them.. Theres plenty of other guides out there to doing it properly.