A multisignature escrow is a special Bitcoin Cash address in which several people must sign a transaction in order to move the funds. In Bitgree 2-3 multisignature is used, so 2 signatures of 3 people are required. The people who can sign are wish's user, proposal's user and Bitgree.
Under normal conditions, wish's user signature plus proposal's user signature are sufficient to move the escrow funds. But in the event of a dispute between them Bitgree comes into play, which will be decisive in moving the escrow funds, thus unlocking the situation.
Bitgree uses Bitcoin Cash's double-spend proofs technology. Under normal circumstances, an escrow doesn't require confirmations; it's considered securely funded within about 5 seconds of the transaction being sent.
In some cases, either because a double-spending attempt has been detected or because double-spend proofs are not applicable, it will be necessary to wait for at least 1 confirmation on the blockchain.
Normally the escrow funds are only moved at the end of the agreement, passing the funds to the proposal's user wallet. However, it's also possible to request a custom transaction in cases of emergency, although you will need the other party to accept it. Funds can also be exceptionally moved through a dispute, in which the signature of the dispute winner and Bitgree will be used to move the funds.
There are products from different external stores in your basket, so a wish for each external store will be created.
Note: You will be able to configure each wish individually before publishing it.
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