STOPPING Scammers

[indigon]

Quick question developers...I wanted to talk about about how to stop scammers preying on people during trades...

I have no idea whether this would be difficult or easy to incorporate but...is there a way for the coins that are out now to integrate an option for wallet to wallet trading where you send the funds and the other person did the same, but neither transaction went through until both deposits were confirmed? So, instead of me sending funds one way like normal, couldn't there be a second sending process option were both people traded, but the wallets can reverse the transaction if either deposit does not go through? Let maybe a special tagged trade option were either deposit can be pulled back automatically if funds were not received? Wouldn't that eliminate the need for escrow, at least for smaller transactions?

I really do not have any development experience so please bear with me if I have holes in my idea, and if there is already something like that then please let me know...

[yatsey87]

Or you could just use an escrow. This sounds like a lot of hassle and most trades are between different currencies so I don't see how it would work.

[indigon]

Or you could just use an escrow. This sounds like a lot of hassle and most trades are between different currencies so I don't see how it would work.

I didn't think about trades in different currencies, but if cryptocurrency is going to go mainstream, I do think that an option like this would be greatly beneficial...many people have never used escrow, nor would they know who to trust if they did not frequent crypto forums...

[indigon]

Or you could just use an escrow. This sounds like a lot of hassle and most trades are between different currencies so I don't see how it would work.

I didn't think about trades in different currencies, but if cryptocurrency is going to go mainstream, I do think that an option like this would be greatly beneficial...many people have never used escrow, nor would they know who to trust if they did not frequent crypto forums...

So nobody thinks this is possible? Launching this feature along with a universal wallet would be amazing...

[yatsey87]

Or you could just use an escrow. This sounds like a lot of hassle and most trades are between different currencies so I don't see how it would work.

I didn't think about trades in different currencies, but if cryptocurrency is going to go mainstream, I do think that an option like this would be greatly beneficial...many people have never used escrow, nor would they know who to trust if they did not frequent crypto forums...

So why would you be sending somebody money and they sending you some?

[indigon]

Or you could just use an escrow. This sounds like a lot of hassle and most trades are between different currencies so I don't see how it would work.

I didn't think about trades in different currencies, but if cryptocurrency is going to go mainstream, I do think that an option like this would be greatly beneficial...many people have never used escrow, nor would they know who to trust if they did not frequent crypto forums...

So why would you be sending somebody money and they sending you some?

Um, to exchange currencies?

[MegaHustlr]

You don't exchange the same currency? Lol wtf

[yatsey87]

Or you could just use an escrow. This sounds like a lot of hassle and most trades are between different currencies so I don't see how it would work.

I didn't think about trades in different currencies, but if cryptocurrency is going to go mainstream, I do think that an option like this would be greatly beneficial...many people have never used escrow, nor would they know who to trust if they did not frequent crypto forums...

So why would you be sending somebody money and they sending you some?

Um, to exchange currencies?

Yeah, but you just said

I didn't think about trades in different currencies

So what are you talking about?