|
142
|
Economy / Service Announcements / Re: PhotoBTC - A marketplace for photography, illustration and graphic arts.
|
on: July 24, 2015, 01:09:13 PM
|
How a escrow would be better than the wallet system we already use?
I've a similar suggestions to my service. In most cases, an escrow system means money refunding when purchased content has been detected as scam. This is an additional buyer protection from the trusted service. For example, when verified seller upload a faked content after his verification. There are no fake contents, all images are verified and after the verification the sellers are only able to edit things like price, title and description. Also, in that case, if the buyer find something that is not correct, it is our responsibility to refund them, since we're the ones providing the use licenses. Well my main idea is that if for example you miss something when verifying the photos Yes in that case would be nice to have something so we could be able to refund without paying ourselves, but still an escrow service would be too much to work with the exception. Instead of that we could implement a "maturing time" so an untrusted seller wouldn't be able to withdraw right after the purchase. Yes that is true, but with a maturing time now sellers have to deal with bitcoin price changes which my bitcoin escrow service solves |
|
|
|
|
143
|
Economy / Service Announcements / Re: PhotoBTC - A marketplace for photography, illustration and graphic arts.
|
on: July 23, 2015, 09:46:27 PM
|
How a escrow would be better than the wallet system we already use?
I've a similar suggestions to my service. In most cases, an escrow system means money refunding when purchased content has been detected as scam. This is an additional buyer protection from the trusted service. For example, when verified seller upload a faked content after his verification. There are no fake contents, all images are verified and after the verification the sellers are only able to edit things like price, title and description. Also, in that case, if the buyer find something that is not correct, it is our responsibility to refund them, since we're the ones providing the use licenses. Well my main idea is that if for example you miss something when verifying the photos |
|
|
|
|
148
|
Economy / Service Announcements / [ANN]Escrow my Bits - Escrow pegged to fiat or commodity value- Escrowmybits.com
|
on: July 17, 2015, 11:16:19 AM
|
Escrow my Bits is the first Bitcoin escrow service to allow you to peg your Bitcoins to a fiat or commodity value. No other escrow site or service currently offers this and we are proud to be the first. Today we are announcing that Escrow my Bits is now in Open beta. We are also announcing that we no longer use Bitreserve and now use Coinapult, and lastly, we are proud to announce we now offer Multisignature Pegged to a fiat value using Nubits. You can read the full blog post here |
|
|
|
|
155
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TRESTOR - The Most Efficient Money, Payment And Market System In The World
|
on: July 08, 2015, 10:00:00 PM
|
Our Retail Partners allow you to buy and sell Trests in locations all over the world.
Please provide one example of a retail partner that advertises their prices on their website, transparently.
With Trests there are no transaction fees, all the coins you mentioned do have transaction fees. Transactions take an average of 10 seconds to confirm, which is also a +.
Furthermore, with Trestor there is no mining required to protect the network which is a big waste of energy, and possibly unsustainable.
There are no transaction fees because there is no security in ensuring that the digital ledger stays the same. What would you do if law enforcement told you to reverse a transaction since 'terrorists' owned trests and were using them? When you skip that big waste of energy you refer to, there are tradeoffs. I'll pass thanks. I think you are misunderstanding how trestor works exactly. Since anyone can run a node, a transaction cant simply be reversed without the majority of the network agreeing on it OK, but there's no incentive to run a node unless perhaps you are a business that buys and sells Trests. Since any such business depends upon Trestor (owner of ~all Trests currently) then it's in their best interest to support anything Trestor does. If Trestor is served with an order to reverse or suppress a transaction, they'll have no choice but to obey. I didn't see the reversibility of transactions in the Trestor whitepaper, they're using a Proof of Stake blockchain which like any blockchain creates a permanent record of transactions. If Trestor was 'served with an order to reverse or suppress a transaction' then this is no different than Ripple - which currently owns all the nodes. There is no monetary incentive to set up a node, but according to the TNet documentation it would seem that a university would be interested in setting up a node so they can be a relay point to pass messages to other nodes. Yes, I would say atleast Trestor is currently better than Ripple where now you need to fill out AML and KYC and they can just reverse transactions. Its basically paypal at this point |
|
|
|
|
159
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TRESTOR - The Most Efficient Money, Payment And Market System In The World
|
on: July 03, 2015, 07:54:49 PM
|
Our Retail Partners allow you to buy and sell Trests in locations all over the world.
Please provide one example of a retail partner that advertises their prices on their website, transparently.
With Trests there are no transaction fees, all the coins you mentioned do have transaction fees. Transactions take an average of 10 seconds to confirm, which is also a +.
Furthermore, with Trestor there is no mining required to protect the network which is a big waste of energy, and possibly unsustainable.
There are no transaction fees because there is no security in ensuring that the digital ledger stays the same. What would you do if law enforcement told you to reverse a transaction since 'terrorists' owned trests and were using them? When you skip that big waste of energy you refer to, there are tradeoffs. I'll pass thanks. I think you are misunderstanding how trestor works exactly. Since anyone can run a node, a transaction cant simply be reversed without the majority of the network agreeing on it |
|
|
|
|
160
|
Local / Alt Coins (India) / Re: Trestor Foundation - Tech Draft / Q & A
|
on: June 29, 2015, 03:57:44 PM
|
Thanks for the explanation. So when does a thread becomes resolved?
U mark it as solved when questions have been answered which Trestor seems to have done.
So every time there is a new question you will mark as [UNRESOLVED]?
Seems a little unusual to me unless of course you have issues with the project.
It's normal the community asks questions but is not like Trestor hasn't been replying to questions is it?
Also why do you link a thread which a community user has created to the trestor account?
I could go and create a thread and say Benson Samuel the India subforum moderator has a problem with Trestor and he's trying all he can to make them look like a scam.
The I can create another one, and another one, or another user could create another. Will you link them together too?
This is just an example, I may have to notify some of the other moderators and admins on this forum and see if they think this is normal practice and they feel it's ok.
If you do want a thread like that, please go ahead. I would like you to notify them as well. In fact, please do. I do have PM's/ emails/ posts/ requests from several members of this community, who feel unsafe about them and did request my opinion/ involvement. Would be glad to explain that to someone who understand what a Mod does. I have hardly made any posts across these threads and this senseless banter keeps getting drawn to me. SockPuppets and their time wasting efforts. Seems quite weird that people are pming you and saying they feel unsafe you need to do something. I mean no one is forcing them to invest or buy and trests. Not really sure what their is to feel unsafe about |
|
|
|
|
Show Posts
