Hello my friends, it would seem to me that many people are having a hard time setting up Multi-signature. Many people seem to want to just rely on Escrow and that is fine and all but vendors including myself are shying away from using any Escrow at all.
It seems that many buyers are not aware of how to actually set up Multi-signature to enable buying. So I will give a quick and simple guide on how to get it done, long dick style my friends!
Here we go:
Firstly, you will want to go ahead and get Electrum downloaded and create a regular wallet, if you already haven't.
Once downloaded and set up go ahead and login to your TradeRoute account and go to your account by clicking on the Account tab. Scroll down and go to the Multi-signature Control Panel section.
Take note of the Bitcoin Address field & the Bitcoin Public Key field, this is where your Electrum wallet will come into play.
Go back to your Electrum wallet and click on the Addresses tab. Choose any of the addresses that you have(left-click to highlight it).
Once highlighted, right click and a few options will come up. You will see Public Keys and Private key.
Click on Public keys(Make sure not to choose your Private key), and copy the long line of jumbled up letters and numbers it provides.
Go back to your TradeRoute account and in the Bitcoin Public Key field you will paste that line of jumbled up letters and numbers.
As for the Bitcoin Withdrawal Address, you will right-click and copy the address you chose the Public Key from and paste it in the Bitcoin Withdrawal Address field and SAVE.
You my friend are now done.
How about the fact that once a customer buys something with multisig the coin goes to TR who then takes their fee. After they take their fee it goes into a multisig wallet. But oh wait guess what they control the wallet because you send them money to remove a fee. So essentially isn't TR multisig setup just like hansa where the market can take your money?
Correct me if I am wrong I am going off what I was told.