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I guess there is multi-sig escrow built-in somehow. If not, then it is quite stupid project I guess.
by jerguismi 11y ago
I guess there is multi-sig escrow built-in somehow. If not, then it is quite stupid project I guess.
- kin 11y agoAccording to their blog, there is a multisig set up. See here: https://blog.openbazaar.org/what-is-openbazaar/ https://blog.openbazaar.org/what-is-openbazaar/
- hoffmabc 11y agoYou have the choice between direct payment transactions which is more risky and should only be used between known parties and then there is a 2 of 3 party multisig escrow transaction that allows a moderator to be an arbitrator for problems and funds are only released if 2 of the 3 parties agree.
- SamPatt 11y agoYes, it uses a 2-of-3 multisig escrow by default. The third party is selected on an open marketplace.