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Author Topic: NASHX Safely trade anything directly with strangers w Bitcoin & Nash Equilibrium  (Read 2225 times)
seongyupyoo (OP)
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September 24, 2013, 12:30:43 PM
Last edit: September 24, 2013, 12:46:11 PM by seongyupyoo
 #1

This is Seong Yup Yoo. Founder & developer behind NASHX. This is the fifth revision since the first revision in April. The 4th revision was well received, but had one critical problem in that you were required to risk before making an offer on NASHX. This has been changed, so that you no longer have to take any risk in making posts. So, you can now make posts, wait until someone takes your offer, then once both of you want to continue, you can risk your respective amounts, then carry on with your trade. If you don't know what's going to, see How It Works, and also read through the FAQ. I'm here to answer any questions you might have, and take your feedback. Thanks! I pray that this is the revision that will finally get NASHX up and running! So, try making a some posts for others to consider! You can trade ANYTHING for ANYTHING! Come on guys! We (the bitcoin community) really need this. I made it so I can use it. I really want to be able to use NASHX instead of MTGOX, BTC-E, Craigslist, or eBay.

http://nashx.com
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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thinkloop
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December 13, 2013, 08:45:58 AM
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NashX is very interesting! Smart. Can I confirm how it works:

1. UserA posts a $300 item
2. UserB sends $600 worth of BTC to a NashX address
3. UserA sends $300 to same address
4. UserA ships item
5. UserB receives item

What happens now? How do both parties tell NashX that all is good?

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December 20, 2013, 12:16:17 AM
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They both release the funds.
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