What is the new steam escrow system?

[Graphics]

What is it, how it works and what will be the changes to the current trading system?

[callynyan]

It's anti free trade and will only benefit Valve's pockets.
We all saw how it went when they added paid mods that gave so little to the modders themselves.

[shorena]

From what I read here[1] it will make trades vs. BTC less secure unless you can know this in advance somehow.

[1] https://www.reddit.com/r/GlobalOffensive/comments/3tdcpe/steam_is_adding_an_escrow_and_multiple_day_delay/

[Graphics]

I've got some items stuck in dispenser.tf at the moment(which is a site which is basically a marketplace where you can trade steam items and BTC).

I tried to read their updates but I don't get how the escrow will affect me. All I knew was that there will be a delay.

Then whats the point? Implementing a system just to delay trades?

[shorena]

I've got some items stuck in dispenser.tf at the moment(which is a site which is basically a marketplace where you can trade steam items and BTC).

I tried to read their updates but I don't get how the escrow will affect me. All I knew was that there will be a delay.

Then whats the point? Implementing a system just to delay trades?

Many people are not careful when they do steam trades, valve tries to protect them. E.g. the majority of "duped" items are from restored inventories.

[callynyan]

Basically everyone has to suffer delayed trades because stupid people get scammed and valve makes money out of it by forcing trades to their platform.

[Beraturker]

What if we have a Windows phone ?

[MTBTT]

Basically a delay of 72 hours if you don't have mobile authentication.