Monero 2/3 Multisig tutorial : Monero | Torhoo darknet markets Torhoo!

3 points

2 years ago

Bro what the fuck... I thought it was confusing last time I tried to multisig anything but you be on some rocket science type deal

also "Things that could go wrong include: funds sent to a multisig wallet can't be spent at all" bro

/u/BlackMask 📢

1 points

2 years ago

This warning is from devs, they said: can use multisig only with fully trusted participants. It doesn't make sense if you ask me coz why do you need multisig if you totally trust other guys =)
Anyway this potential danger of losing coins is more theoretical than practical. The biggest issue is if only 1 participant finalizes wallet and sends coins there but other 2 don't. In this case yeah, money lost.
But bitcoin is not good for darknet and anyway in future we all should move to more secured tools like XMR.

/u/Apocal

1 points

1 year ago

so should i not waste my time?

/u/56729687392756395739

1 points

1 year ago

xmr and multisig seems a bit toooo much. as it is, monero (xmr) is hidden and untraceable

/u/Lot_Lizards

2 points

2 years ago

Looking forward to when this becomes easy to use with Feather wallet or Monero GUI. Even better if it is so easy even monerujo or cake wallet can perform multi sig tx.
This would revolutionize the entire XMR ecosystem.
Thus far, I cannot stand that markets continue to say they use multi sig, using MITs coinb.in system. Electrum has it, but they won't apply how electrums multi sig functions to markets.
Making it useless to use electrum multi sig function out of the box so to speak.

/u/BlackMask 📢

1 points

2 years ago

Agree, if use BTC MS it should be electrum's one.

As for XMR MS I'm not sure it'll be implemented for GUI wallets soon, also difficult to make it convenient. Needs separated wallet for every order, imagine if vendor has hundreds ms orders and needs to choose which one to open to do some action.
I'm thinking to make web interface for XMS I mention above.

/u/nlimited

1 points

2 years ago

Such a great & high-effort post, thank you!
Is the script wrapper for RPC still available? I would like to reproduce the steps and take a look at the implementation.

/u/BlackMask 📢

1 points

2 years ago

yeah sure, but now webGUI is main version of XMS. it's way more convenient to use

/u/nlimited

1 points

2 years ago

If it is open-source, I would like to take a look at both (CLI and webGUI). The server replies with 500 when I try to download the script following the link in the post.
But even if I was able to download it, I imagine the version there is already outdated.

/u/BlackMask 📢

1 points

2 years ago

I recommend to try ⚠️Dark Matter Academy: MultiSig⚠️. There is the link to last version and detailed explanation how to use.

/u/Apocal

1 points

1 year ago

let me try that