Topic: Ethereum Escrow Service by Trusted Sr Member. (53.455 Ether escrowed) (Read 1850 times)

Announcing MyEtherWallet v3.24.00: Difficulty Bomb&Updating blockchain

Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.

How do i update my Ethereum wallet?

1. Go to our website /]MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.

Please note that you need to manually update your wallet, failure to do so may result in funds being lost.

We are taking these measures to protect both you and our network from phishing and malicious attacks.

Thank you for your cooperation and understanding!
MyEtherWallet Security Team.

If you use other methods, then ignore this message.

Hello Kayden. Do you still provide escrow? I'd like to contact you on Discord for details, but I can't find you as KaydenC#6683

bump

Escrow services reopened.

Hi kayden,

Sent you an e-mail

Best,
Ark

bump

I see some users kept releasing funds for the same transaction several times in the smart contract: https://etherscan.io/address/0x1c02ce498dc6d0d6ef05a253e021258b07eeba91

Do note funds only needs to be released once and releasing funds only transfers fund ownership to seller.

The seller still has to enter the dashboard to withdraw funds manually.

Completed my 10th escrow transaction of value 15.655 Eth.

Tx	Tx Initiated	Tx Status	Transaction Value (Ether)
9	[LINK]	[FUND RELEASED]	15.655 Eth
8	[LINK]	In progress	18.9 Eth
7	[LINK]	[REFUNDED]	6.66 Eth
6	[LINK]	[FUND RELEASED]	4.5 Eth
5	[LINK]	[FUND RELEASED]	2.5 Eth
4	[LINK]	[FUND RELEASED]	2.4 Eth
3	[LINK]	[FUND RELEASED]	1.5 Eth
2	[LINK]	[FUND RELEASED]	0.33 Eth
1	[LINK]	[FUND RELEASED]	0.01 Eth
0	[LINK]	[Escrow Escalation] [Refunded by Escrow]	1 Eth
		Total amount escrowed:	53.455 Ether

Replied.

check your PM about to use your service!

I escrow for Ethereum only.

Do you happen to do Escrow for Ethereum Classic as well or only Ethereum? Thanks in advance

8th Escrow tx of 18.9eth in progress: https://etherscan.io/tx/0xbe72c806342b3bf21ea21e2f67bcce76456187361d4ac6f35d8cfb5a3b0f2437


Escrow History:

Tx	Tx Initiated	Tx Status	Transaction Value (Ether)
8	[LINK]	In progress	18.9 Eth
7	[LINK]	In progress	6.66 Eth
6	[LINK]	[FUND RELEASED]	4.5 Eth
5	[LINK]	[FUND RELEASED]	2.5 Eth
4	[LINK]	[FUND RELEASED]	2.4 Eth
3	[LINK]	[FUND RELEASED]	1.5 Eth
2	[LINK]	[FUND RELEASED]	0.33 Eth
1	[LINK]	[FUND RELEASED]	0.01 Eth
0	[LINK]	[Escrow Escalation] [Refunded by Escrow]	1 Eth
		Total amount escrowed:	37.8 Ether

[/quote]

Bump.



Escrow History:

Tx	Tx Initiated	Tx Status	Transaction Value (Ether)
7	[LINK]	In progress	6.66 Eth
6	[LINK]	[FUND RELEASED]	4.5 Eth
5	[LINK]	[FUND RELEASED]	2.5 Eth
4	[LINK]	[FUND RELEASED]	2.4 Eth
3	[LINK]	[FUND RELEASED]	1.5 Eth
2	[LINK]	[FUND RELEASED]	0.33 Eth
1	[LINK]	[FUND RELEASED]	0.01 Eth
0	[LINK]	[Escrow Escalation] [Refunded by Escrow]	1 Eth
		Total amount escrowed:	18.9 Ether

Always refer to this thread to copy paste my ethereum address for your safety. If the incorrect address is input, I will not be able to assist you in case of disputes.

Yes. Your funds are secured by an ethereum smart contract.

The open source code is designed such that the escrow agent never has access to your funds, but only the ability to refund the buyer, or release funds to the seller if either party raises escrow escalation in the Dapp. During the escrow process, the blockchain securely holds the funds.

It is impossible for the escrow agent to run away with the funds, even if an attacker stole the escrow's private keys, he cannot steal anything. I would say it's much more secure compared to traditional BTC escrows where the funds are held by the escrow.

Also it's cheap in fees and fast. My 6.66 ether transaction a few hours ago costs 80 cents to initiate and a few minutes for 10 confirmations. The buyer did not need to go through me before making the transaction. He also will not need to go through me to release funds. Traditional BTC escrows may take a few hours to respond and takes much longer to confirm.

Escrowing for my 7th transaction of 6.66 Eth. I also made a table to organize my escrow history and for your browsing convenience.

Tx	Tx Initiated	Tx Status	Transaction Value (Ether)
7	[LINK]	In progress	6.66 Eth
6	[LINK]	[FUND RELEASED]	4.5 Eth
5	[LINK]	[FUND RELEASED]	2.5 Eth
4	[LINK]	[FUND RELEASED]	2.4 Eth
3	[LINK]	[FUND RELEASED]	1.5 Eth
2	[LINK]	[FUND RELEASED]	0.33 Eth
1	[LINK]	[FUND RELEASED]	0.01 Eth
0	[LINK]	[Escrow Escalation] [Refunded by Escrow]	1 Eth
		Total amount escrowed:	18.9 Ether

My 6th escrow transaction of 4.5 Ether: https://etherscan.io/tx/0xfe9139faf2c227d743d599259237ac6479d8267354145115a274a76534997ec8

This transaction has been completed, with funds released to seller: https://etherscan.io/tx/0xe0d71609cfc640a0fabd09ee5c11cc2a956d71c7831dfda83bd82b35255c1343

You could see the efficiency of this Dapp/service from the 2 transactions above. Buyer released funds himself in 6 mins once the seller delivered. Way faster and more convenient than traditional BTC escrows.

Escrow services are still open!

Bump, escrowing my 5th transaction of 2.4 Ether right now: https://etherscan.io/tx/0x791d0839f7f4b9d97bc5b032286111e8f372e0201db497b6965a4f6b2876e5de

By using the Dapp, buyers can initiate the escrow transaction and  sellers can view incoming transactions on dashboard immediately.

Traditional BTC escrows requires several messages to and from the escrow agent. EscrowMyEther saves you time, and is more secure as the smart contract, not escrow agent, holds the funds while in escrow.


EDIT: The 5th 2.4 Ether transaction is completed within 15 minutes, with buyer releasing funds to seller: https://etherscan.io/tx/0xe34538197da3b9d6705d5c9d9e437f085233688b9c8c7ae0deec7a25e5557a80

Hello

I'm offering escrow services just like OGNasty in his thread: https://bitcointalksearch.org/topic/legendary-bitcoin-escrow-service-more-than-19k-btc-transferred-alts-too-303281

When a buyer and seller wishes to transact in crypto, but wants escrow protection (like paypal), they can opt to use my escrow service.

The main benefit of my escrow service is convenience and security. It's convenient because buyers can initiate the escrow transaction via the platform: http://escrowmyether.com/

Short video: https://www.youtube.com/watch?v=T2_XzSlddWI


It can be done without even messaging me, he just needs to input amount to escrow, seller ethereum address and my address as escrow agent. Similarly if transaction proceeds smoothly, he can release funds himself without going through the escrow agent.


For example, in the newest 3 transactions in the Ethereum smart contract:
https://etherscan.io/address/0x1c02ce498dc6d0d6ef05a253e021258b07eeba91

The buyer initiated the transaction, and release funds a few minutes later. Seller then withdrawed his funds from the Dapp. All done in a span of 13 mins. Compared to traditional BTC escrows, it's way faster

Second, it is secure because escrow agents NEVER touches buyer's funds. In traditional escrow, the escrow holds all the funds. He could get hacked or run away with the funds, there's nothing the buyer can do.

By using EscrowMyEther, the escrow logic is secured by Ethereum smart contracts. Escrow agents can only release funds to seller, or refund to buyer. He literally cannot steal your funds.



My service is useful for anyone who wants to buy or sell stuff in crypto and wants convenient and safe escrow protection.


Anybody can use EscrowMyEther to offer their escrow services, or transact as a buyer or seller.