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Author Topic: Need help with Escrow Research 1 btc Bounty Offered  (Read 2788 times)
charleshoskinson (OP)
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June 23, 2013, 05:49:21 PM
Last edit: July 04, 2013, 01:58:44 AM by charleshoskinson
 #1

I'm trying to build an annotated list of all the escrow systems currently in use in the Bitcoin ecosystem and for digital commerce. Also a list of proposed new systems that have yet to be fully implemented. For the most complete list, I will pay 1 bitcoin.

Update:

As I am increasing the bounty again, let me create some criterion for what I want:

  • A list of each commonly used escrow service (no bitmit is not an escrow service; they are implementing one for their marketplace)
  • A annotation explaining how the service works
  • Links, if possible to find, of a security analysis of the escrow system
  • Pros and Cons of each system
  • Proposed new escrow systems that have yet to be implemented
  • Names of anyone in the community working on new escrow systems


For particularly helpful snippets, I'll pay 0.05 btc.

Bounties Paid so Far:
(rethaw; 0.05; bonus; https://blockchain.info/tx/c588b68ee110e80af46549b9249d362c3620562d4148468e966e6605db030bf8)
(Voodah; 0.05; bonus; https://blockchain.info/tx/7be9132ff75b73158a3469f6957d3a2e5464a38b18452354575c3d708b652c6c)
(Abdussamad; 0.05; bonus; https://blockchain.info/tx/cab3a8ce117affc408a5d79e52b2f116cdba669afe1e53ebf0f843806be3c816)
(Pajamaw; 0.05; bonus; https://blockchain.info/tx/ecdd88cbbf28a4e9348b20792840d2c27bebaeca1e86a3386ba825555ad3accf)

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charleshoskinson (OP)
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June 24, 2013, 02:28:12 AM
 #2

Bounty Increased to 0.50 bitcoins

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QuantumQrack
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June 24, 2013, 03:31:36 AM
 #3

You mean like this:

http://www.bitescrow.org/

Also, there is escrow at #bitcoin-otc (trusted individuals)
Voodah
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June 24, 2013, 03:52:27 AM
 #4

Basically, there are a few functional sites, but there are lots of users here in the forum and in otc doing it.

To the already mentioned:

http://www.bitescrow.org/

you can add:

http://btcrow.com/
http://www.bitcoin-escrow.net/
http://thebitcoinescrow.com/

but I know nothing about these sites (the last one looks pretty shady.... stay away imho)


Former examples (now closed) were:

https://clearcoin.appspot.com/
http://thrucoin.com/


There's also this list (and thread), which is 6 or 7 months old with some dead links but also contains lots of users offering in their posts:

https://bitcointalk.org/index.php?topic=108716.0


So.. all of that plus you got users here in the forum and OTC of course...

....aaaaannnnd that's pretty much all there is afaik....
cryptojoe
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June 24, 2013, 04:17:22 AM
 #5

Add bitmit and silk road to the above list.  So the most comprehensive list thus far is

http://www.bitescrow.org/
http://btcrow.com/
http://www.bitcoin-escrow.net/
http://thebitcoinescrow.com/
https://clearcoin.appspot.com/
http://thrucoin.com/
https://bitcointalk.org/index.php?topic=108716.0
www.bitmit.net
silk road (which i'm having trouble locating atm)

You can send the .5bitcoin to
1KWQHHWxmHKa8KwQmeX7AmZMGtCsU9WYrB
 Wink

charleshoskinson (OP)
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June 24, 2013, 04:29:29 AM
 #6

Recall I mentioned annotations. Sorry not that easy mate Smiley

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charleshoskinson (OP)
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June 24, 2013, 11:45:47 PM
 #7

Bounty increased 0.75 btc

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Kiders
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June 24, 2013, 11:48:31 PM
 #8

I'm trying to build an annotated list of all the escrow systems currently in use in the Bitcoin ecosystem and for digital commerce. Also a list of proposed new systems that have yet to be fully implemented. For the most complete list, I will pay 0.75 bitcoins.

Update:

As I am increasing the bounty again, let me create some criterion for what I want:

  • A list of each commonly used escrow service (no bitmit is not an escrow service; they are implementing one for their marketplace)
  • A annotation explaining how the service works
  • Links, if possible to find, of a security analysis of the escrow system
  • Pros and Cons of each system
  • Proposed new escrow systems that have yet to be implemented
  • Names of anyone in the community working on new escrow systems


A scammer can make a site and annouce it everyhere IMO.
I stick to trusted users.
https://bitcointalk.org/index.php?topic=108716.0
Cyrus
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June 24, 2013, 11:58:12 PM
 #9


Was just about to mention the same thread. I don't know how updated the list is, but it's a good start.

Voodah
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June 25, 2013, 12:35:22 AM
 #10

I'm trying to build an annotated list of all the escrow systems currently in use in the Bitcoin ecosystem and for digital commerce. Also a list of proposed new systems that have yet to be fully implemented. For the most complete list, I will pay 0.75 bitcoins.

Update:

As I am increasing the bounty again, let me create some criterion for what I want:

  • A list of each commonly used escrow service (no bitmit is not an escrow service; they are implementing one for their marketplace)
  • A annotation explaining how the service works
  • Links, if possible to find, of a security analysis of the escrow system
  • Pros and Cons of each system
  • Proposed new escrow systems that have yet to be implemented
  • Names of anyone in the community working on new escrow systems


Lol, this OP is one funny guy.

I gave you the list you asked for initially in my first post.

Now it turns out what you need is:

+ a complete market & sector analysis
+ further security analysis of each asset found
+ comparative analysis of all assets found
+ new business ideas for the sector
+ analyisis/list of all upcoming players

and you want all of it for the lousy sum 0.75 ??

There's a whole industry dedicated to this, we call it market research.

Your little assignment (which was acceptable in your (now edited) first format and conditions) is probably a whole month's worth of work for a marketing firm, with of course, a proper cost.

It seems clear to me now you are just trying to rob people's time, and I find you highly deceptive, to say the very least.

I'm even thinking of using the trust system for the first time to give you a brand new -

If I were you, I'd respect my word, choose an answer and pay what I promised, OR at the very least simply understand the overextension of what you ask, apologize and delete this abortion of a thread. It is only making you look as sleazy guy, and from what I gather you want to call yourself a bitcoin educator.. Let's hope not all of our community's educators behave this way..

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June 25, 2013, 01:40:24 AM
 #11

It is quite clear that the OP could have done a google search and generated the results you provided in about 5 minutes.  Furthermore, the list you provided appears to be somewhat inaccurate.

From a value perspective, you have not produced anything close to worth $50 or $75.  Any reasonable person would feel ashamed to demand $75 for a google search when it is quite clear the OP wanted something that involved at least a couple of hours of effort.

I would recommend that if you are so concerned about collecting a bounty that you are willing to call someone a scammer that you should first establish a more detailed and objective criteria.   Without a meeting of the minds there is no contract and thus no room to call anyone a scammer.

Charles has a history of paying bounties.  If you think he isn't offering enough, then say so and negotiate a price.   You have no more right to be the sole judge of meeting the customers demands than those curb-side window washers that demand payment after washing your windows.


https://fractally.com - the next generation of decentralized autonomous organizations (DAOs).
Voodah
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June 25, 2013, 02:43:34 AM
 #12

It is quite clear that the OP could have done a google search and generated the results you provided in about 5 minutes.

It is. But he didn't do the search, indicating that a) his time is more valuable invested in another endeavour and thus he pays for it, or b) he's too lazy.
I assume it is a).

Furthermore, the list you provided appears to be somewhat inaccurate.

What part of what I said is inaccurate?

From a value perspective, you have not produced anything close to worth $50 or $75.  Any reasonable person would feel ashamed to demand $75 for a google search when it is quite clear the OP wanted something that involved at least a couple of hours of effort.

If I assume his time is valuable (as I did) $50 is not outrageous at all to offload a 15-30 min task, as this was originally (note 0.5 not 0.7). On my winter job as a ski systems technician I charge USD 300-500 hourly rates, and countless times have I offloaded work for a lot more than his bounty, sometimes even the full amount I get paid.

A lot more unreasonable and really something to be ashamed as you say, is to ask for a full dead-serious market research for the 0.7, less than $100 bucks for something probably upwards of 3-5k... Walmart should open a marketing department imho..

From a value perspective, one of the two options is a lot more crazy than the other.. honestly, which one is it?

I would recommend that if you are so concerned about collecting a bounty that you are willing to call someone a scammer that you should first establish a more detailed and objective criteria.   Without a meeting of the minds there is no contract and thus no room to call anyone a scammer


I would recommend that you re-read my posts paying some more attention.

Not once did I express concern for collecting a bounty, nor did I ever call him a scammer.
I still think and mantain what I said: what he did was deceptive, and made him look sleazy. I'm sorry, but it's true.

Charles has a history of paying bounties.  If you think he isn't offering enough, then say so and negotiate a price.   You have no more right to be the sole judge of meeting the customers demands than those curb-side window washers that demand payment after washing your windows.


I am saying so... and you are the one who out of the blue positioned yourself in the middle of this... maybe in a judgey kind of way?

I understand you vouch for Charles. I am merely pointing out what I myself consider to be faulty behavior, specially from someone who aspires to educate people.
charleshoskinson (OP)
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June 25, 2013, 03:05:28 AM
 #13

This is what I got for 0.25 bitcoins: https://bitcointalk.org/index.php?topic=220412.msg2355726#msg2355726

i'm asking for about 2 hours worth of work at around $37.50 per hour. I don't expect a month long market report. Just a post that has more effort than a google search. If you happen to be a domain expert on escrow, then you could easily write something up addressing my questions in under an hour. My OP expressed annotations even before the update:


Quote
I'm trying to build an annotated list of all the escrow systems currently in use in the Bitcoin ecosystem and for digital commerce. Also a list of proposed new systems that have yet to be fully implemented.

Quote
To the already mentioned:

http://www.bitescrow.org/

you can add:

http://btcrow.com/
http://www.bitcoin-escrow.net/
http://thebitcoinescrow.com/

but I know nothing about these sites (the last one looks pretty shady.... stay away imho)


Former examples (now closed) were:

https://clearcoin.appspot.com/
http://thrucoin.com

Where the hell are they? You expect to be paid 50 dollars for a five minute google search? You also did not satisfy the bounty prior to my update. Seriously dude?

Also any new systems? There are none? Escrow despite its enormous application has no innovation whatsoever?

Quote
For the most complete list

Which implies I will wait for more than one contribution. You're clearly not comprehending what I'm asking for. I'm sorry you wasted your time making a list that will eventually be used to educate people in the Bitcoin community about escrow.  

The revolution begins with the mind and ends with the heart. Knowledge for all, accessible to all and shared by all
rethaw
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June 25, 2013, 03:41:39 AM
 #14

In case you haven't read it, this is the best place to start. This explains how to use the blockchain to perform escrow and from it you can understand the underlying security of an escrow system.

Example 2: Escrow and dispute mediation

A buyer wants to trade with somebody he doesn't know or trust. In the common case where the transaction goes well, the client doesn't want any third parties involved. If something goes wrong though, he'd like a third party to decide who gets the money - perhaps a professional dispute mediation service. Note that this concept can apply to either buyer or seller. The mediator might request proof of postage from the merchant, for example.

In other words, one wants to lock up some coins so a third party has to agree in order for them to be spent:

  1. Agree with the merchant on a dispute mediator (e.g., ClearCoin).
  2. Ask the merchant for a public key (K1). Ask the mediator for a public key (K2). Create a new key for yourself (K3).
  3. Send the merchant K2. The merchant challenges the mediator with a random nonce. The mediator signs the nonce with the private form of K2, thus proving it really belongs to merchant.
  4. Create a transaction (Tx1) with an output script as follows and broadcast it:

Code:
2 <K1> <K2> <K3> 3 CHECKMULTISIGVERIFY

Now the coins are locked in such a way that they can only be spent by the following methods:

  1. Client and the merchant agree (either a successful trade, or merchant agrees to reimburse client without mediation)
  2. Client and the mediator agree (failed trade, mediator sides with client, like a charge-back)
  3. The mediator and the merchant agree (goods delivered, merchant gets client's coins despite the dispute)

When signing an input, the contents are set to the connected output. Thus, to redeem this transaction, the client creates a scriptSig containing zeros where the other signature should be, signs it, and then sets one of the slots to his new signature. The partially-complete transaction can then be sent to the merchant or mediator for the second signature.

link

Good luck with your bounty!

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June 25, 2013, 03:45:25 AM
 #15

Whatever. Read my above post for my line of thought.

It's water under bridge. This whole discussion helps no one.
charleshoskinson (OP)
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June 25, 2013, 03:49:27 AM
 #16

Voodah and rethaw, post some addresses. You both qualify for the 0.05 btc snippet bounty.

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rethaw
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June 25, 2013, 03:53:58 AM
 #17

Neat! 1JHviQuE66JpZcVFqtBHnQjCKQY5Uq7xy3

I'm really interested in your project. It would be great if there was a trusted third party with no financial incentive to favor one service over the other. I believe John K is the current most widely used escrow service and it is completely manual, strange!

charleshoskinson (OP)
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June 25, 2013, 05:05:21 AM
 #18

Bonus bounty paid:

https://blockchain.info/tx/c588b68ee110e80af46549b9249d362c3620562d4148468e966e6605db030bf8

Voodah send an address.

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Voodah
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June 25, 2013, 05:14:29 AM
 #19


1G6EQwiAfTVyTpK4j3XZ65CvonjDGrPsQ

Thanks and good luck on your project.
charleshoskinson (OP)
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June 25, 2013, 05:24:16 AM
 #20

Bonus Bounty Paid:

https://blockchain.info/tx/7be9132ff75b73158a3469f6957d3a2e5464a38b18452354575c3d708b652c6c


The revolution begins with the mind and ends with the heart. Knowledge for all, accessible to all and shared by all
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