Protocol & Consensus • Estimated 30m

Escrow and Arbitration

protocol.escrow-and-arbitration

Escrow and arbitration uses a 2-of-3 multisig contract where buyer, seller, and arbitrator can resolve payment outcomes without trusting one party alone. It shows how P2SH multisig can encode conditional dispute resolution directly in Bitcoin spending paths.

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Curated resources (3)

• Bitcoin Developer Guide: Contracts (article) Canonical walkthrough of the 2-of-3 escrow contract pattern and its buyer, seller, and arbitrator resolution paths.
• BIP 16: Pay to Script Hash (article) Canonical background for why the multisig redeem script can be hidden until spend time.
• Programming Bitcoin (book) Script-level reference for multisig spending paths, redeem scripts, and legacy contract construction patterns.

Direct prerequisites (2)

• Multisig Wallets
• Pay-to-Script-Hash (P2SH)

Direct dependents (0)

• None

Canonical site description: Interactive Bitcoin knowledge graph with prerequisites, curated resources, and structured topic pages.