The planned update of the official DO forum is very interesting. Would be nice if the escrow could be used for buying/selling of Onions for BTC or other coins. This would be a good alternative in case of problems with exchanges where DO is listed. And also a great place for OTC trading of Onions without impact on market price (might be interesting e.g. for those who would like to sell 10 % of the airdrop without causing decrease of market price by this).
Why not, DO forum plan to insure escrows up to the ONION donation amount. It is like smart contracts or Deepsend functionality, escrow trust forum and we trust escrow and you as buyer or seller both trust escrow and forum. If one fails in completing the cycle other one cover the fee as guarantor and complete cycle. But you should not trust escrow more than escrow trusted the forum. I hope it's clearer?
Thank you for your reply with further details. I like this "insurance" concept. I understand that if the escrow gives donation amount of 100 Onions, I should not use such escrow for trades of more than 100 Onions in order to be safe and insured. But how will I know the donation amount which escrow gave to the forum? Will it be always 100 Onions or can it be more or less? Also if the escrow person acts as an escrow for more trades (or even for 1 big trade), he can easily go above this insured amount, will this be somehow monitored? Will be the current "insured" limit visible to the buyer/seller? Sorry for so many questions, but I am really interested in this concept.
Hi all. Great news about almost 100 miners ...
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