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What? Yeah they can. Have an escrow that releases the sale price to the seller and additional security deposits to both parties when the buyer sends proof that
by ThrustVectoring 9y ago
What? Yeah they can. Have an escrow that releases the sale price to the seller and additional security deposits to both parties when the buyer sends proof that they received a nonce shipped with the physical item. You can even add a refund mechanism by allowing the buyer to send back another nonce along with the returned item, which when redeemed returns all escrows back to whoever originally paid in.
- recursive 9y agoThe buyer wouldn't receive the nonce until they received the physical item, at which time they could claim they did not receive it.
- zeroxfe 9y agoThat's why you have the additional security deposits.
- openasocket 9y agoThat could work. But I think the nonce is redundant, the buyer just has to say they received it in an authenticated manner.
- peculiar 9y agoThere is a saying that goes "If it's not broke, don't fix it". What problem are we solving here exactly by replacing a centralized Shopify / Amazon / E-bay by the solution you've described? Is it better from the common user's perspective?