So I'm trying to understand if multisig markets can still be used in the aftermath of Alphabay and Hansa. If I use CGMC's multisig for example, and CGMC gets taken down, I should still be able to contact the vendor through email and either get a refund or pay the vendor for the product? Does this only work if CGMC sets up multisig correctly? As I understand it, as long as I have the redeemscript saved somewhere, I can use that to finalize the transaction or initiate a refund with the vendor's support? Considering any market can be taken down at anytime, it is important to understand if multisig can still work despite that. There is so much uncertainty right now but I still think it is safer to get my medicine off the darknet rather than dealing with street dealers and all that nonsense. With proper opsec, I shouldn't have much to worry about with personal amounts of bud. I'm trying to get some direct deals set up but the markets offer a lot of things that direct deals cannot. I know the general advice on here is to stop using the DNMs for a while, but in a lot of ways, I see that as the police state winning. We should be working hard to keep this going in direct defiance of their scare tactics. If you're a larger vendor/buyer, things are a lot different but the rest of us need to keep going.
Read the post I made regarding multisig: https://www.reddit.com/r/DarkNetMarkets/comments/6os56i/multisig_tutorial_explanation/
Multisig is not the problem. The implementation is what can be a problem. The problem is that people didn't know what to look for so when they were doing the multisig at Hansa, Hansa pulled a fast one and used at least two keys controlled by the market to create the multisig. You must use the Redeem Script to verify the multisig address composition or else its useless b/c a market can pull the same thing over and over.