Decentralized escrow | Bitcointalksearch.org

xqus

full member

Activity: 172

Merit: 100

Quote from: Jet Cash on February 13, 2016, 11:59:27 AM

As soon as I saw chargeback, I thought there is a potential for fraud.

A guy on this board posted a method of using any two signatures out of 3 as a partial system of escrow. I thought that was a good idea.

The chargeback is controlled by the trusted party. Like in an normal escrow. The only difference is that the trusted party cannot steal the bitcoin.
In fact Bitrated uses a method of using any two of three signatures to sign the transaction.

Jet Cash

legendary

Activity: 2744

Merit: 2462

https://JetCash.com

As soon as I saw chargeback, I thought there is a potential for fraud.

A guy on this board posted a method of using any two signatures out of 3 as a partial system of escrow. I thought that was a good idea.

nihilnegativum

sr. member

Activity: 432

Merit: 251

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Quote from: xqus on February 13, 2016, 10:50:19 AM

I only know of https://www.bitrated.com/

I'm not sure what you need, atleast they have an API.

Thanks, thats exactly the kind of thing I'm looking for. I only found BitHalo, they have some interesting mechanics.

xqus

full member

Activity: 172

Merit: 100

I only know of https://www.bitrated.com/

I'm not sure what you need, atleast they have an API.

nihilnegativum

sr. member

Activity: 432

Merit: 251

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Quote from: xqus on February 13, 2016, 09:36:23 AM

Like a decentralized database of escrow providers? What would the benefits be?
Because escrow services exists in so many ways and places, and are therefore already decentralized.

I don't care for decentralization in itself, I'm interested in robustness of the systems and their organization.
The providers exist in specific environments, so their reputation etc. is limited to that, the plus would be the universality of escrow and if it would be a platform, the ability to implement it in other projects that require it. I'm mostly interested in how (if there are any) those platforms would organize trust, similarly how the decentralized governance platforms try to organize consensus on decisions.

xqus

full member

Activity: 172

Merit: 100

Like a decentralized database of escrow providers? What would the benefits be?
Because escrow services exists in so many ways and places, and are therefore already decentralized.

nihilnegativum

sr. member

Activity: 432

Merit: 251

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Does anyone know of any attempts to make platforms of decentralized escrows? In principle this should not be a lot harder than decentralized markets or uber.

Topic: Decentralized escrow (Read 583 times)