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Author Topic: We need a new word to replace "Trustless" Escrow or "Trustfree" Escrow  (Read 699 times)
Ragnarly (OP)
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April 02, 2014, 03:40:08 PM
 #1

We in the community know that those phrases mean either 1. A transaction needs multiple keys. Or 2. Three pieces are created to form the private key, like what we use at https://anark.it/

Non-bitcoiners think the phrases mean the escrow can't be trusted. So what should we call these types of secure escrows?
kokojie
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April 02, 2014, 04:18:53 PM
 #2

Our job is to inform, not to appease. Trustless is an accurate word to describe it.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
HCLivess
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April 02, 2014, 04:37:43 PM
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Crow

LAMarcellus
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April 02, 2014, 04:43:55 PM
 #4

Crow

Scrow! We watch your money.
"Trust us Scrow"
"We like money"
Inspired by the movie Idiocracy, I fear this term could be handily adopted at least here in the US.


The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion. – Albert Camus
Ragnarly (OP)
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April 02, 2014, 10:37:39 PM
 #5

Our job is to inform, not to appease. Trustless is an accurate word to describe it.

It's the escrow part that creates all sorts of regulatory and legal issues.
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