Bitrated: Bringing trust back to Bitcoin

[bitcoineverything]

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.

[1714908399]

1714908399

[MadGamer]

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.

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.

[miguelmorales85]

I've used Bitrated and I can help as a mediator.
This is my profile if anyone need it.
https://www.bitrated.com/miguelmorales85

[OmegaStarScream]

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]

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 

[roosbit]

Many people that can't find escrow from the forum have talked of   this service several times but just how effective is their buyer protection in the case of not getting what was described, maybe some reviews of this service from the community would be highly appreciated, as this gives us a general overview about bitrated

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  

I have never used the service but are their privacy protection terms in place, incase of a breach, seeing other users can be used as an escrow

[Patatas]

Hi guys!,

Bitcoin has been criticized about its lack of regulatory system and trust was questionable when making Bitcoin transactions.

In answer to this issue, Bitcoin startup Bitrated provides consumer protection and fraud prevention mechanisms for Bitcoin. It added a trust layer on top of the blockchain technology.

How do you see Bitrated for Bitcoin? Please let us know your thoughts about it.

- The website linked doesn't work. Try putting the absolute URL in the post.

- The fact that there is a startup to interfere in an open source protocol sounds centralized as hell. No one cares about the good or bad the service has to offer provided they're going to control the free audience.

- Not saying people shouldn't agree with whatever they're doing but I personally won't take the venture seriously.