What follows is an excellent Electrum multisig escrow tutorial from Redditt user galaxyandspace. Use this guide to safely arrange escrow for a transaction. Using escrow, it is impossible for someone to steal your funds. It is stillpossible to lose access to your funds though, even though no one else can take them, so take care! “Greetings …
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Bitcoin Multisig Use Cases
Ownership of bitcoin is based on the cryptographic keys for each address, usually stored in users’ bitcoin wallet software. A bitcoin “wallet” is actually nothing more than matching sets of public and private keys. Even the wallet software is a secondary layer; all that matters in bitcoin is the keys. Whoever holds the private key …