Bitcoin Forum
December 08, 2016, 12:33:22 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: *NEW* Bitcoin Escrow  (Read 6186 times)
spleeder
Jr. Member
*
Offline Offline

Activity: 52



View Profile WWW
May 30, 2011, 06:33:55 PM
 #1

Hi guys!

I found out about Bitcoin about a week ago and after reading and understanding about it I got hooked.

Since I do PHP the obvious next step was to try and do something with Bitcoin and PHP. So I came up with this:

http://eptiv.com/

It's a simple and easy to use Bitcoin escrow service. Not sure if it works 100% as it should but I would appreciate it if you guys can give it a try and give me some feedback.

PS. Works well on the iPhone too!

Bitcoin Escrow
1PTia7jCZdQUpMakq3ZqfuEeBrvg21U3Ln
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
lulzplzkthx
Sr. Member
****
Offline Offline

Activity: 322



View Profile WWW
May 30, 2011, 11:24:12 PM
 #2

I like your method of releasing them (the 1% transaction fee.) Very neat. As you have only 2 posts however, and ClearCoin already exists, you may have to prove yourself a bit.

~lulzplzkthx

spleeder
Jr. Member
*
Offline Offline

Activity: 52



View Profile WWW
May 31, 2011, 06:52:20 AM
 #3

I like your method of releasing them (the 1% transaction fee.) Very neat.

Since I wanted to make it as simple as possible, I didn't want users to have to register an account with Eptiv.com so I came up with this idea.

As you have only 2 posts however, and ClearCoin already exists, you may have to prove yourself a bit.

Very true. It only takes time though.

If I'm not asking to much of you could you spare 2 BTC to test the website? You can send the BTC to yourself and I'll pay you back the fee.

Thanks!

Bitcoin Escrow
1PTia7jCZdQUpMakq3ZqfuEeBrvg21U3Ln
2weiX
Legendary
*
Offline Offline

Activity: 1638


View Profile
June 13, 2011, 06:46:48 AM
 #4

Site is down.
However, with ClearCoin having disabled all the charitable defaults, another escrow service would be interesting to try.
spleeder
Jr. Member
*
Offline Offline

Activity: 52



View Profile WWW
June 13, 2011, 11:39:59 AM
 #5

Site is back up again. It had some internet connection problems because of a storm.

Bitcoin Escrow
1PTia7jCZdQUpMakq3ZqfuEeBrvg21U3Ln
BombaUcigasa
Legendary
*
Offline Offline

Activity: 1414



View Profile
June 13, 2011, 12:40:07 PM
 #6

Brilliant! Default forward escrow.

So if I put MY wallet in the second cell, and the receiver's wallet in the third cell, I can actually send money with a 30 days delay, or cancel any time by paying a 1% fee.

Could you use a test version of your website and integrate it with the bitcoin testnet? You can get lots of free bitcoins on the testnet to experiment with, and the difficulty is lower too.
spleeder
Jr. Member
*
Offline Offline

Activity: 52



View Profile WWW
June 14, 2011, 04:20:06 PM
 #7

So if I put MY wallet in the second cell, and the receiver's wallet in the third cell, I can actually send money with a 30 days delay, or cancel any time by paying a 1% fee.

I think you got it wrong FOCA Cheesy

First of all you don't put any wallets anywhere, you just enter addresses. Second of all when you pay the 1% fee the money is released to the receiver.

Bitcoin Escrow
1PTia7jCZdQUpMakq3ZqfuEeBrvg21U3Ln
BombaUcigasa
Legendary
*
Offline Offline

Activity: 1414



View Profile
June 14, 2011, 04:25:25 PM
 #8

So if I put MY wallet in the second cell, and the receiver's wallet in the third cell, I can actually send money with a 30 days delay, or cancel any time by paying a 1% fee.

I think you got it wrong FOCA Cheesy

First of all you don't put any wallets anywhere, you just enter addresses. Second of all when you pay the 1% fee the money is released to the receiver.
Actually I'm being creatively exploitative with the way your site works to perform cheaper transfers and recover my money back if I want to Smiley You should look into it.
[Coins!]
Member
**
Offline Offline

Activity: 112



View Profile
June 14, 2011, 07:33:12 PM
 #9


Actually I'm being creatively exploitative with the way your site works to perform cheaper transfers and recover my money back if I want to Smiley You should look into it.


Took me a second to figure it out, but I do see what you did there Bomba ; )

Like my post? Consider donating: 1ENPBz6zZa1maehG48PaYzYhPjodN1NkTF
http://oneminuteslow.com/bitcoin/100-20.png
spleeder
Jr. Member
*
Offline Offline

Activity: 52



View Profile WWW
June 14, 2011, 11:16:24 PM
 #10

Actually I'm being creatively exploitative with the way your site works to perform cheaper transfers and recover my money back if I want to Smiley You should look into it.

Please elaborate on that.

Bitcoin Escrow
1PTia7jCZdQUpMakq3ZqfuEeBrvg21U3Ln
padrino
Legendary
*
Offline Offline

Activity: 1260



View Profile
June 15, 2011, 02:28:00 AM
 #11

So if I put MY wallet in the second cell, and the receiver's wallet in the third cell, I can actually send money with a 30 days delay, or cancel any time by paying a 1% fee.

I think you got it wrong FOCA Cheesy

First of all you don't put any wallets anywhere, you just enter addresses. Second of all when you pay the 1% fee the money is released to the receiver.
Actually I'm being creatively exploitative with the way your site works to perform cheaper transfers and recover my money back if I want to Smiley You should look into it.

It's definitely a loop hole in the system however for most transactions I don't expect the seller to accept a 30 day delay if receipt of goods/services is much sooner then that, but if you can work it out you pay 0% unless you want to recover your funds downside being the other party should ask what the hell before sending the goods.

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
spleeder
Jr. Member
*
Offline Offline

Activity: 52



View Profile WWW
June 15, 2011, 12:22:20 PM
 #12

Ok, so I finally understand it but it really isn't a loop hole. The seller can see that it is not his Bitcoin release address on the transaction page so he won't send the product at all. So you would end up paying 1% to get your money back.

Bitcoin Escrow
1PTia7jCZdQUpMakq3ZqfuEeBrvg21U3Ln
DannyM
Sr. Member
****
Offline Offline

Activity: 275



View Profile
June 15, 2011, 02:22:09 PM
 #13

Thanks for setting up this service.

Suggestion:

Integrate Open Transactions and its PGP-signed Ricardian-style contracts.

https://github.com/FellowTraveler/Open-Transactions/wiki
sareea
Member
**
Offline Offline

Activity: 76


View Profile
July 14, 2011, 06:17:25 PM
 #14

Any review ?

Thanks People !
MarketMoney
Newbie
*
Offline Offline

Activity: 10


View Profile
July 19, 2011, 03:10:02 PM
 #15

Hey spleeder - eptiv.com seems to be down.  I have some BTC in escrow right now so I hope I am able to get them out!  Thanks.
spleeder
Jr. Member
*
Offline Offline

Activity: 52



View Profile WWW
July 19, 2011, 09:14:19 PM
 #16

I am aware of the issue. The site has problems because it is hosted in-house. But now since it has gotten quite popular I am moving it to a proper host. Thank you your interest in eptiv.com.

Bitcoin Escrow
1PTia7jCZdQUpMakq3ZqfuEeBrvg21U3Ln
MarketMoney
Newbie
*
Offline Offline

Activity: 10


View Profile
July 21, 2011, 05:59:27 PM
 #17

Any progress on this?  I've received the goods for which I placed money into eptiv...  Now I need to get these funds out to make good on my payment to the seller.  Undecided
spleeder
Jr. Member
*
Offline Offline

Activity: 52



View Profile WWW
July 23, 2011, 08:15:54 AM
 #18

The site is up and running.
I am very sorry for the downtime and hope it won't happen again.

Bitcoin Escrow
1PTia7jCZdQUpMakq3ZqfuEeBrvg21U3Ln
NothinG
Hero Member
*****
Offline Offline

Activity: 560



View Profile
August 07, 2011, 04:49:44 AM
 #19

Seems to be down again.

PowerChaos
Jr. Member
*
Offline Offline

Activity: 50


PowerChaos Company


View Profile WWW
August 07, 2011, 10:24:01 PM
 #20

it is still down
i wanted to take a look how the site was looking but i guess he need a better place to host (or is there a other reason ?)
a escrow service that goes down that lot doesnt seems so good in the first place :s (i do not say that it is bad Cheesy )

anyway , if the site is back up again , let me know so i can take a look Smiley

Goodluck and
Greets From PowerChaos

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!