Manual payout - Revision history

SuddenWhipVapor at 22:04, 11 November 2023

2023-11-11T22:04:07Z

Jmacxx: Re-formatted to show the Bisq Manual Payout tool instructions before the coinbin instructions.

2022-05-15T17:00:28Z

Re-formatted to show the Bisq Manual Payout tool instructions before the coinbin instructions.

Show changes

Leo816: /* Using Bisq's Manual Payout tool */

2021-01-16T09:04:22Z

Using Bisq's Manual Payout tool

Leo816: /* Using Bisq's Manual Payout tool */

2021-01-04T23:36:16Z

Using Bisq's Manual Payout tool

Leo816: /* Using Bisq's Manual Payout tool */

2021-01-04T23:35:21Z

Using Bisq's Manual Payout tool

Leo816: /* Using Bisq's Manual Payout tool */

2021-01-04T23:34:25Z

Using Bisq's Manual Payout tool

Leo816 at 23:33, 4 January 2021

2021-01-04T23:33:19Z

Leo816 at 23:31, 4 January 2021

2021-01-04T23:31:00Z

Huey735 at 14:07, 20 November 2020

2020-11-20T14:07:47Z

Huey735: /* Get multisig public keys */

2020-11-20T14:01:34Z

Get multisig public keys

@@ Line 12: / Line 12: @@
 The purpose of the tool is to allow owners of a 2of2 multisig to issue a transaction which pays out the funds to their addresses.  The tool is designed to be used in collaboration with mediators but
 it could conceivably be used by the multisig key holders alone.
 The tool operates in 4 steps:
@@ Line 56: / Line 54: @@
 * NB: "https://bitaps.com/broadcast" has a "Preview" feature that tests if the transaction is acceptable to the mempool before actually sending it.  Any errors in the transaction will be listed, or if it is good it will say "Test mempool transaction accepted" and give the option to broadcast it at that point.

@@ Line 24: / Line 24: @@
 == Using Bisq's Manual Payout tool ==
-Please press Ctrl+J and check the include private keys, click COPY TO CLIPBOARD and paste on a notepad. Search on that file for your public key. In the same line there's also a priv HEX=.
+The emergency payout tool is in Bisq, if you do a CTRL-G it will open.
-You will need to use the Emergy multisig payout tool (Ctrl+g) to release the funds.
+The purpose of the tool is to allow owners of a 2of2 multisig to issue a transaction which pays out the funds to their addresses.  The tool is designed to be used in collaboration with mediators but
-# Open the tool with Ctrl+G.
+It is similar in operation to the tool "coinbin".
-<unsigend transaction string>
+The tool operates in 4 steps:
-. Go to SIGN and paste your private key for this trade (priv HEX=) and click GENERATE SIGNATURE.
+# Fill input information;
-. Copy the signature hex that you get and share it with your mediator.
 == Get multisig public keys ==

@@ Line 35: / Line 35: @@
 <unsigend transaction string>
-# Go to SIGN and paste your private key for this trade (priv HEX=) and click GENERATE SIGNATURE.
+. Go to SIGN and paste your private key for this trade (priv HEX=) and click GENERATE SIGNATURE.
-# Copy the signature hex that you get and share it with your mediator.
 == Get multisig public keys ==

@@ Line 30: / Line 30: @@
 You will need to use the Emergy multisig payout tool (Ctrl+g) to release the funds.
-# 1 Open the tool with Ctrl+G.
+# Open the tool with Ctrl+G.
-# 2 Click import and paste the following text in the first field and click IMPORT FROM STRING. It should populate the view with the info about the payout transaction.
+# Click import and paste the following text in the first field and click IMPORT FROM STRING. It should populate the view with the info about the payout transaction.
 <unsigend transaction string>
-. Go to SIGN and paste your private key for this trade (priv HEX=) and click GENERATE SIGNATURE.
+# Go to SIGN and paste your private key for this trade (priv HEX=) and click GENERATE SIGNATURE.
-. Copy the signature hex that you get and share it with your mediator.
+# Copy the signature hex that you get and share it with your mediator.
 == Get multisig public keys ==

@@ Line 29: / Line 29: @@
 You will need to use the Emergy multisig payout tool (Ctrl+g) to release the funds.
-. Open the tool with Ctrl+G.
-. Click import and paste the following text in the first field and click IMPORT FROM STRING. It should populate the view with the info about the payout transaction.
+# 1 Open the tool with Ctrl+G.
 <unsigend transaction string>

← Older revision		Revision as of 23:31, 4 January 2021
Line 16:		Line 16:

	Bisq does not provide the Redeem Script for the multisig, but we can recreate it with all the public keys involved in the multisig.		Bisq does not provide the Redeem Script for the multisig, but we can recreate it with all the public keys involved in the multisig.
		+
		+	== Using Bisq's Manual Payout tool ==
		+	Please press Ctrl+J and check the include private keys, clickl COPY TO CLIPBOARD and paste on a notepad. Search on that file for your public key. In the same line there's also a priv HEX=.
		+	BuyerMultiSigPubKeyHex: ...
		+	SellerMultiSigPubKeyHex: ...
		+
		+	The BTC seller encountered a bug and lost access to its information. I'll need you to use the Emergy multisig payout tool (Ctrl+g) to release the funds.
		+	1. Open the tool with Ctrl+G.
		+	2. Click import and paste the following text in the first field and click IMPORT FROM STRING. It should populate the view with the info about the payout transaction.
		+
		+	<unsigend transaction string>
		+
		+	3. Go to SIGN and paste your private key for this trade (priv HEX=) and click GENERATE SIGNATURE.
		+	4. Copy the signature hex that you get and share it with me.

	Tools you need:		Tools you need:

@@ Line 22: / Line 22: @@
 * [https://coinb.in/ Coinbin web wallet]
 * [https://www.torproject.org/ Tor browser]
 == Get private keys ==
@@ Line 31: / Line 40: @@
 # When you've found this entry, select and copy the <code>priv WIF=<hex value></code> value that immediately follows the pub HEX value. This value is the private key.
 # Copy, paste and save that information in a <code>bisqWallet.txt</code> file.
 ''Note: If your wallet uses a password, you will need to remove the password to view the private keys in wallet data.''
-== Get multisig public keys ==
+== Get payout addresses ==
 At the end of the JSON contract file you can also find the intended payout address for each trader:
@@ Line 51: / Line 50: @@
 takerPayoutAddressString: <address value></nowiki>
-== 4. Recreating Redeem script ==
+== Recreating Redeem script ==
 For all the web interactions use the Tor browser.
 # Go to the [https://coinb.in/ Coinbin web wallet]:
 # At the top click <code>New</code> and from the dropdown menu choose <code>MultiSig Address</code>
-# Paste the three public keys in the following order, 1) Arbitrator, 2) BuyerMultiSigPubKeyHex, 3) SellerMultiSigPubKeyHex
+# Paste the three public keys in the following order 1) SellerMultiSigPubKeyHex, 2) BuyerMultiSigPubKeyHex
 # Click <code>submit</code> to see an address and a Redeem Script. Make sure the address matches the multisig address for the trade. If not, try to change the order of the public keys.
 # Copy and save the Redeem Script.
-== 5. Creating transaction ==
+== Creating transaction ==
 # Again, click <code>New</code> at the top, but this time choose <code>Transaction</code> from the dropdown menu.
 # Paste the Redeem Script in the text field at the top and click <code>Load</code>. It should take a few seconds and then return the value locked in the multisig.
@@ Line 68: / Line 67: @@
 # Click <code>submit</code> to obtain an encoded transaction string.
-== 6. Verify transaction ==
+== Verify transaction ==
 Click <code>Verify</code> at the top and paste the encoded string obtained from the step 5.e. Verify it all is correct before moving to the next step.
-== 7. Sign transaction ==
+== Sign transaction ==
-# Click <code>Sign</code> at the top of the page and paste your WIF private key obtained in step 1.b in the <code>Private key</code> text field and the encoded transaction in the text field below.<br>To find the private key, search your <code>bisqWallet.txt</code> file for the value of the <code>BuyerMultiSigPubKeyHex</code> (or <code>SellerMultiSigPubKeyHex</code> if you are the seller), obtained in step 2. The private key beginning with <code>priv WIF=</code> is written after the search result. Ensure that the pasted private key is only the part after the <code>priv WIF=</code>.
+# Click <code>Sign</code> at the top of the page and paste your WIF private key in the <code>Private key</code> text field and the encoded transaction in the text field below.
 # Click <code>Submit</code> to get a new encoded transaction string.
 # Copy and save it and share it with the other parties of the multisig so they can sign and broadcast it.
-== 8. Second signature and broadcast ==
+== Second signature and broadcast ==
-# The second signer clicks <code>Verify</code> at the top of the Coinbin website and pastes the encoded string the previous signer shared with you. If you are ok with it, click <code>Sign</code> at the top of the page and paste your WIF private key from step 1 on the <code>Private key</code> text field and the encoded transaction shared with you in the text field below.
+# The second signer clicks <code>Verify</code> at the top of the Coinbin website and pastes the encoded string the previous signer shared with you. If you are ok with it, click <code>Sign</code> at the top of the page and paste your WIF private key text field and the encoded transaction shared with you in the text field below.
 # Click <code>Submit</code> to get a new encoded transaction string.
 # Copy and save it.
-==9. Verify transaction before broadcasting==
+== Verify transaction before broadcasting==
 # Confirm everything is correct and click <code>Broadcast</code> at the top of the page.
 # After you have signed the transaction paste the encoded transaction string and click <code>Submit</code>.
 # When complete, delete the <code>bisqWallet.txt</code> file created in step 1.

@@ Line 35: / Line 35: @@
 ''Note: If your wallet uses a password, you will need to remove the password to view the private keys in wallet data.''
-== 2. Get multisig public keys ==
+== Get multisig public keys ==
 Each trader involved can get their public keys and the other trader's public keys in their trade JSON contract.
@@ Line 43: / Line 43: @@
 BuyerMultiSigPubKeyHex: <hex value>
 SellerMultiSigPubKeyHex: <hex value></nowiki>
 == 3. Get payout addresses ==