Recently we made a feature to release escrow using SMS message. This makes it possible to do bitcoin cash transactions without internet connection - less hassle.
We will offer 8btc for the best visualization of the following processes. Eg. stick-figure visualization, or anything else, you can use your imagination
Extra tip will be provided if you invent something funny.
For the seller, the process is following
2. Fund the escrow, get SMS code & number, write them down to your phone
3. Meet & receive the escrow
4. Send the release SMS message
5. Both receive confirmation SMS (if they have provided phone numbers)
6. Everybody is happy, bitcoins transfered to buyer
For the buyer:
2. Take down or memorize secret escrow code
3. Meet & give cash
4. Receive SMS message from localbitcoins with the secret escrow code
5. Happy, bitcoins transfered
So there is 2 codes, one with you can release the SMS, and other by receiving it from localbitcoins you are sure that the escrow is released.
Rules: just put your result to this thread, if I find it satisfactory, I will send the 8btc to you. I can send it to only one person, so also speed matters