Have you looked into multisig? The 3rd party cannot take the coins, only mediate.
Wow, thanks!That's what I was looking for, I guess.
Topic: Safe transactions in bitcoin without 3rd party (Read 484 times)
That's what I was looking for, I guess.
Have you looked into multisig? The 3rd party cannot take the coins, only mediate.
hello,
if you want to avoid a 3th party middleman to exchange coins for fiat or other coins there is no safe way in my opinion.
cheers,
if you want to avoid a 3th party middleman to exchange coins for fiat or other coins there is no safe way in my opinion.
cheers,
Like most mail order businesses you get paid before you send the book. Or use escrow.
well it doesn't answer my question, escrow is a 3rd party and when you pay first how can you be sure the seller is not a fraud?
Like most mail order businesses you get paid before you send the book. Or use escrow.
I'm pretty sure that bitcoin and other cryptocins have bright future. But it has some problems with security in real world right now.
For example, I'd like to sell something real for BTC (let's say a book). But how can I trust to buyer and be sure that he will pay me my BTC after receiving the book from me?
I mean without any trusted 3rd party (because I don't want anybody to control my bitcoins and it's not a perfect solution as the whole system is ditributed).
For example, I'd like to sell something real for BTC (let's say a book). But how can I trust to buyer and be sure that he will pay me my BTC after receiving the book from me?
I mean without any trusted 3rd party (because I don't want anybody to control my bitcoins and it's not a perfect solution as the whole system is ditributed).
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