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In that case you still have to trust the escrow service.
by throwlogon 6y ago
In that case you still have to trust the escrow service.
- vmception 6y agoyes. its an adaptation to that economy and allows for mitigating risks. not a panacea the escrow service would be one party of the multisignature transaction. no party can move the funds on their own. you are moving an arbiter to the point of transaction, instead of after a transaction doesn't go as planned.
- grubles 6y agoTrust minimization instead of maximally trusting RBC with all of your money but also the counterparty to deliver.