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Author Topic: Bitrated: Bringing trust back to Bitcoin  (Read 1472 times)
bitcoineverything
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April 04, 2017, 04:50:52 AM
 #21

On topic, I used Bitrated's automated escrow a few days ago for the first time and I am very satisfied with their service, I recommend this site to everyone and there is no doubt that I will use it again for my future deals.
So basically it is an providing escrow kind of thing ? But I read they are dealing with trust chain of users like user-1 trusts user-2 and user-2 trusts user-3 hence user-1 can trust user-3. I am not sure how they will be implementing as I do this is complete controversial system because as per bitcoin's core concept it was build to have a complete 'trust-less' world.

Adding a layer based on others trust might get broken at any point as human might change time to time.

If you have visited their website, they have a video on the front page that explains how they do it. So let us say, if you bought a camera online from a merchant using Bitcoin and the merchant did not deliver your order, what is your recourse?

The offers a reputation system where merchants can build reputation. If many customers give them a good rating then other customers will find them trustworthy. Smiley


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April 10, 2017, 05:54:20 PM
 #22

If you have visited their website, they have a video on the front page that explains how they do it. So let us say, if you bought a camera online from a merchant using Bitcoin and the merchant did not deliver your order, what is your recourse?

The offers a reputation system where merchants can build reputation. If many customers give them a good rating then other customers will find them trustworthy. Smiley

The reputation system could indeed help finding trustworthy people however It won't prevent scams. It's no secret that people are now building trust in the forums and other sites just to scam big at the end of the day. An escrow can't know for sure If the seller actually scammed or the buyer actually didn't receive the ordered items In that case.


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miguelmorales85
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September 04, 2017, 08:29:34 AM
 #23

I've used Bitrated and I can help as a mediator.
This is my profile if anyone need it.
https://www.bitrated.com/miguelmorales85
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September 18, 2017, 03:56:24 PM
 #24

I made a thread like two months ago but no one was able to help, anyone here know how to contact Bitrated and get a fast reply? I've sent two emails already but no reply for months, I'm almost sure that I have seen a member here who is affiliated with them but I can no longer find him.

miguelmorales85
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October 27, 2017, 07:50:08 PM
 #25

I wonder if anyone here does actually uses this escrow system. I used a couple of times and it worked like a charm. you just have to find a escrow agent.

If you need me, look for miguelmorales85  Smiley
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