TradeRoute MultiSig- Is it different than Hansa?

So apparently Hansa didn't do true Multi-sig...and we saw the result. When LE took it over, they were able to take all the coins too. Instead of being able to 2-of-3 confirm for the vendors, since they pushed the multisig through themselves (after taking the market fee), they implemented a faulty version of it and was effectively worthless.

I'm seeing TR offer multisig as well- can anyone explain how theirs is done? I'm not seeing anything after doing some digging myself. Is it true multisig?


Comments


[5 Points] librakiller:

What? Hansa did do proper multi-sig, LE just changed the address that you sent your coins to their own address rather than to the multi-sig address.


[3 Points] None:

True Multi signature would be what Sorcery Marketplace does. Two separate wallets, one for the Marketplace fees and the other to the multisignature wallet.


[1 Points] None:

[deleted]


[1 Points] turned_wand:

(I'm using mac and I think the electrum software for this OS is shit and that might be why I'm struggling)

In setting up electrum i have, at first, the option of choosing "What Kind of Wallet" I want to create; I assumed I ought to select "Multisig Wallet"

Then, "From How Many Cosigners"

and

"How Many Signatures"

Here's where I start to get confused: adding cosigners !!! How can I set this app up so that I can get the info TR needs? Electrum setup is asking me:

Create a new seed - I already have a seed - Use public or private keys - Use a hardware device

Please help!!