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Escrow

finance
security

Escrow holds funds until agreed conditions are met, using a trusted custodian, multisig, or smart contract logic.

1
concept

Crypto escrow reduces counterparty risk by requiring multiple approvals or specific conditions before funds are released. It can be centralized through a custodian or decentralized through on-chain scripts, multisig, or smart contracts.

2
patterns

Common patterns include n-of-m multisig, HTLCs for conditional swaps, and timelocks that create refund or dispute-resolution windows.

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2 linked

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All terms and definitions may update as the Cryptionary improves.