Using Bitcore API for Escrow

Question

Has anyone experience using the Bitcore API for Escrow purposes with node.js?

I assume, you'd need to create a new a address, then somehow create a new transaction using the newly created address, the probe that address for it's balance until its fulfilled. I've had a look over the docs, but they are very confusing. A push in the right direction should be enough to get me started with this. Currently I run bitcoind on my server and connect to this using RPC, but I'd like to try using Bitcore instead but achieve the same result.

Creating the transaction and finding the balance is the but I'm confused with, creating an address is the easy part.

Thanks.

Answer 1

Great question!

I'd take a look at multi-sig construction in Bitcore, and pair this with bitcore-wallet-service. Some combination of these two items, with an agent to act as a signatory for a third key, would build a powerful escrow service in very short order.