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Title: We need a new word to replace "Trustless" Escrow or "Trustfree" Escrow Post by: Ragnarly on April 02, 2014, 03:40:08 PM We in the community know that those phrases mean either 1. A transaction needs multiple keys. Or 2. Three pieces are created to form the private key, like what we use at https://anark.it/ (https://anark.it/)
Non-bitcoiners think the phrases mean the escrow can't be trusted. So what should we call these types of secure escrows? Title: Re: We need a new word to replace "Trustless" Escrow or "Trustfree" Escrow Post by: kokojie on April 02, 2014, 04:18:53 PM Our job is to inform, not to appease. Trustless is an accurate word to describe it.
Title: Re: We need a new word to replace "Trustless" Escrow or "Trustfree" Escrow Post by: HCLivess on April 02, 2014, 04:37:43 PM Crow
Title: Re: We need a new word to replace "Trustless" Escrow or "Trustfree" Escrow Post by: LAMarcellus on April 02, 2014, 04:43:55 PM Crow Scrow! We watch your money. "Trust us Scrow" "We like money" Inspired by the movie Idiocracy, I fear this term could be handily adopted at least here in the US. Title: Re: We need a new word to replace "Trustless" Escrow or "Trustfree" Escrow Post by: Ragnarly on April 02, 2014, 10:37:39 PM Our job is to inform, not to appease. Trustless is an accurate word to describe it. It's the escrow part that creates all sorts of regulatory and legal issues. |