Author

Topic: New Chia Clawback Feature i ve had wished it had been on Bitcoin before too (Read 76 times)

newbie
Activity: 15
Merit: 0
You agree that Clawback Feature ok;
but on max pending time?
Example
(if a scammer + 20% profit promise on btc i have invested in a week time (7days); btc has a timeme frame to be confirmed in no time - funds, transaction cannot be reversed) funds gone...in a day...and week ahead on promised %...
on Chia Clawback Feature as I understand
with time frame (8days) even if in a week not even 20% promised back, besides not even initial (previously symbolic deposit) out possible (as agreed in first place) ; it is sure that we are talking to a scammer, and with this Clawback pending time enabled feature my additional (larger) funds back to original sending wallet if canceled within 8 days?
correct me if i am wrong, with Chia XCH ?
legendary
Activity: 1834
Merit: 1131
Then other scammers will use this opportunity to send you money and cancel the payment. No need to make large payments and check amounts. If you have 30 days to get your money back, your payment will be worthless until 30 days have passed. Your partner will not provide services to you and will not exchange coins until you can return the payment.
newbie
Activity: 15
Merit: 0
With this proper approach thing, i would give a time frame for over 30 days if possible;
for fraudsters that in rush has convinced me to put on btc transfer; confirmed at no time, and took my 5.5btc away.

In 30 days timeframe sure I would see, why i was so suspicious at the first place, and would be able to CLAWBACK funds to my original sending address; seeing them as fraudsters for real.
just a thought on one of manny real use of
https://www.chia.net/2023/04/11/chia-product-hour-the-clawback-feature/

vs Bitcoin

on the Chia site is also Clawback Primitive Demo under

https://www.youtube.com/watch?v=_pC38ulU2js

Simple, but a GUI interface would be awesome... 
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