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.
Conceptual links
Related terms
2 linkedExplore connected entries beyond the alphabetical index.
All terms and definitions may update as the Cryptionary improves.
