Bitcoin Forum

Hey everyone, for the past 5 months we have been working on LightningEscrow - A fast, secure, and affordable escrow service using the lightning network; we are non-custodial and open source.
Escrow.com takes 3-5 days to process a transaction and has a minimum 3.5% fee + other hidden fees. LightningEscrow takes only 3-5 seconds to process, with a 1% flat fee.

The version we show in this demo is still in beta, however we plan on having a consumer friendly version by Q3 of this year.

Join the wait list at LightningEscrow.io and be sure to tell your friends!  ;D ;D

Video Link: https://www.youtube.com/watch?v=vvlOzEIPRws

Am I correct in assuming that it's an automated escrow service or you were just referring to the lightning part? Based on its "current steps (https://ghostarchive.org/archive/rG3BC)", it seems that your platform doesn't have a way to handle disputes!

Looks like you forgot to include the link to the demo in question.

Since we're talking about LN (which usually used for micro-transaction),
1. Do you have minimum/maximum amount of satoshi to be held by escrow?
2. How do you handle LN channel duration when delivering physical goods could take long time (up to 1 month)?

As of right of now, it is in beta. There is no way to handle disputes at the time of writing this; we are still working on it.

I also added the demo video link! I did forget, my apologizes