Post
Topic
Board Scam Accusations
Re: Master-P POSSIBLE SCAM. I lost complete faith in this forum now.
by
dooglus
on 28/12/2015, 20:53:38 UTC
I figured Master-p here and masterp4 on Just-Dice were the same person, so checked the Just-Dice logs to see how active he has been there.

I found this:

2015-12-20 11:48:42 - a private message, replying to someone pointing him at a master-p accusation thread:

    in a quick view he seems to be refering to a user that do escrow that use the nick of master-p,
    that is very similar to my nick and cause lot of confusion but he and I different persons.

2015-12-20 12:03:48 - a public chat message:

     for clarifications purpose, the bitcointalk user with the nickname of master-p is not me,
    my bitcointalk account is Masterp4 the same whole nickname that i use here.

I've left Master-p negative feedback.

With MultiSig You don't need to trust to the third party, to steal funds from the MultiSig escrow, the hacker need to compromise all parties involved, which is almost impossible.
Please don't use this as an opportunity to self-promote , every system is faulty in some aspects

2-of-3 multisig works fine as an escrow system. Have the buyer, seller, and escrow agent each hold one of the three keys. When the buyer receives his goods he signs a transaction releasing the funds, sends it to the seller who also signs it and the escrow is released without involving the escrow agent.

In the event of a dispute the escrow agent can work with either the buyer or the seller to gain control of the coins.

And so the escrow agent has no possibility of stealing the coins without the help of one of the two parties. The obvious risk is that the escrow agent and the seller may be the same person, in which case fraud is easily possible.

It is however another good reason to ban the buying and selling of accounts on here which I've been banging on about for years.

You really can't stop the trading of accounts and more than you can stop the trade of heroin. You can make it against the rules but that doesn't stop it happening.

One thing to learn for sure,what we call trusted DT members are not to be blindly trusted any more.

For what it's worth, my account won't ever be sold for any amount of money.