Difference between revisions of "Deposit transaction"

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(Created page with "A trade being taken always results in the creation of a <code>Deposit transaction ID</code> this is where Bisq's 2of2 multi signature scheme comes into play. == Verifying a d...")
 
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A trade being taken always results in the creation of a <code>Deposit transaction ID</code> this is where Bisq's 2of2 multi signature scheme comes into play.
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A '''deposit transaction''' is created when an offer is taken—this transaction is a core element of Bisq's 2-of-2 multisignature escrow mechanism for securing trades.
  
 
== Verifying a deposit transaction ==
 
== Verifying a deposit transaction ==
  
# Go to the <code>Failed</code> tab and click on the <code>i</code> icon next to trade ID.
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1. Go to the <code>Open Trades</code> or <code>Failed</code> tab and click on the <code>i</code> icon next to trade ID.
  
 
[[File:failed_trade_tab.png|thumb|left|500px]]
 
[[File:failed_trade_tab.png|thumb|left|500px]]
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<br clear=all>
  
# Find the Deposit transaction ID
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2. Find the <code>Deposit transaction ID</code>
  
 
[[File:Trade_details.png|thumb|left|500px]]
 
[[File:Trade_details.png|thumb|left|500px]]
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<br clear=all>
  
# Search for the ID using any Bitcoin block explorer such as [https://blockstream.info/ blockstream.info]. If the Deposit transaction is valid you'll see the following result.
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3. Search for the ID using any Bitcoin block explorer such as [https://blockstream.info/ blockstream.info]. If the <code>Deposit transaction</code> is valid you'll see the following result:
 
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  2 outputs - the first is the deposit to the multi signature bitcoin address and the second is an <code>OP_RETURN</code> code.
 
[[File:Deposittx.png|thumb|left|500px]]
 
[[File:Deposittx.png|thumb|left|500px]]
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<br clear=all>

Latest revision as of 05:34, 19 June 2020

A deposit transaction is created when an offer is taken—this transaction is a core element of Bisq's 2-of-2 multisignature escrow mechanism for securing trades.

Verifying a deposit transaction

1. Go to the Open Trades or Failed tab and click on the i icon next to trade ID.

Failed trade tab.png


2. Find the Deposit transaction ID

Trade details.png


3. Search for the ID using any Bitcoin block explorer such as blockstream.info. If the Deposit transaction is valid you'll see the following result:

  2 outputs - the first is the deposit to the multi signature bitcoin address and the second is an OP_RETURN code.
Deposittx.png