Post
Topic
Board Service Discussion
Re: Escrow and how to trust them
by
Findingnemo
on 24/09/2019, 06:34:24 UTC
I've been reading some of these escrow threads and I'm confused about something:

Is it really true that the most popular kind of escrow on Bitcointalk involves the buyer just sending the funds to a normal Bitcoin address owned by the escrow agent, and not sending it to a 2-of-3 multisig address? When I see arbitrators offering their services it seems like they're expecting to have full control of the funds. Or am I misunderstanding?

If I'm right that people here usually just trust the escrow agent with the funds, why do they choose to do that when they could instead of 2 of 3 multisig? Is multisig just too much trouble?


Multisignature wallets are not advisable for the newbie so they prefer escrow who were someone got reputation in thos forum and won't ruin it by stealing few of your bucks while doing trading but we can't trust anyone for huge amount of transaction like 100BTC,simply go with multi sig for huge amounts.