I don't think there should be return policies. If I could just wait to get my money back, why wouldn't I?

However, I could see the benefit of 2/3 signing keys. The automated escrow could hold the 3rd key and if things don't get resolved between two parties you could (as a last ditch effort) pay them to intermediate and use the third key to resolve the dispute. In that case it would bring third party trust back into the picture.


No, it potentially replaces it with lower fees.

Say I want to buy a cell phone from somebody for .7 btc. I would open a joint escrow requiring me to deposit, let's say, .9 btc and for the second party to deposit .2 btc. When the phone arrives as promised, we both sign off and .9 btc is released to the seller and .2 is released back to me. This makes both parties accountable.

OK, so the phone doesn't arrive as intended. Depending on the condition we must agree who gets what. I'm guessing either party could update the contract...but until both parties agree, no funds are released.

It could be interesting. I'm not sure if it would work better or worse than the third party escrows we have now.

That's the biggest drawback I can think of. As far as I can tell, yes it sits there until the two parties can come to an agreement.

On a positive note, it looks like the agreement can be changed (once again if both parties agree) so that the money going to each would be different than the initial agreement.

I think as long as both people have enough skin in the game based on their risk...then it would get resolved.

To whom it may concern,

I've been PM'ing Harvin for a couple days now. He doesn't seem to want to trust "a random forum member" from the trusted list of reputable escrow providers.

When asked if he would use OgNasty, I got this response: "is this a guy on this site I have never used an escrow before and really dont [sic] feel comfortable using a random forum member
I would need some sort of payment before I ship my phone even if its 25% then we use some escrow service I just need to know you have the money and I will recieve [sic] it"

He has since stopped replying.

Recently had someone not want to trust "some random forum member." Which probably means it was a scam anyway.

However, to not have to involve a third party at all could have its benefits. I know this forum has reputable escrow people...just hoping people will weigh in on the pros and cons of each way.

Has anyone looked into the Joint Escrow feature from mycelium?  https://gear.mycelium.com/joint_escrow

Looks as though two parties could handle escrow by themselves.

Has anyone looked into the Joint Escrow feature from mycelium?  https://gear.mycelium.com/joint_escrow

Looks as though two parties could handle escrow by themselves.

I'll just throw out an opinion that Decred (DCR) seems like an fair and honest coin with good developer backing.

SM-G935(what)? Does it show A, W8, F, U? Trying to figure out what network it supports. 

Thanks!