If we don't need to be online for an action(trade) to be executed that would be so great !
Because right now, it's hard to do it, as people seem to open fake trades on purpose and logout, making you waste ur time. Looking forward to it
If I get that right, any pair with VIA (right now) in the buy/sell side you need to be online for the trade to execute ? But if I trade XCH/"My Asset" I don't need to be online for it to execute ?
Because right now, it's hard to do it, as people seem to open fake trades on purpose and logout, making you waste ur time. Looking forward to it
If I get that right, any pair with VIA (right now) in the buy/sell side you need to be online for the trade to execute ? But if I trade XCH/"My Asset" I don't need to be online for it to execute ?
1. Assets traded between each other or with XCH are automatically settled.
2. Assets with VIA need to be manually settled or leave the clearwallet open.
In the future, 2. will go away and all will become 1
Excellent, thanks for your answer.
I stay online and rarely get a transaction to go through, or show up. A new system needs to be implemented.
While it may not be the answer clearinghouse needs, a system using 'trust nodes' to hold onto the funds involved in some pending trade (like escrow nodes) so that the trade can be made regardless of whether both parties are ever online at the same time. A rating would be given to each node based on the percentage of time it is online, and the amount of succesful trades it has been involved in. Over time nodes can establish themselves as trustworthy escrow node, but since we want to limit risk the escrow nodes would only be allowed to hold so much. Ideally a lot of escrow nodes would establish allowing the peer to peer network to act as escrow. If one goes down, so what - it can get fined (uses its own coins as collateral or something) and it won't really hurt the system.
Are people doing something like this?
