7 ms·

Would a smart contract help avoid this kind of situation?

• tzekid 5y ago
  Yup. Just need to specify the conditions of what "done" or "delivered" looks like. After that it's basically: if (delivered) pay();
  • calpaterson 5y ago
    How do you encode that a website and assets have been delivered? It doesn't seem so obvious.
    • hobo_mark 5y ago
      wooosh
      • calpaterson 5y ago
        Ha, I see it now. Too dry and too early (in the morning)
        • sashimi-houdini 5y ago
          The funny thing is that a couple of comments up 2 sibling comments basically gave the exact same answer, but one in jest and one seriously. The cryptosphere really is beyond parody
  • avinassh 5y ago
    Ha ha. This reminds me of an old project / library [0] I built based on a Quora answer. I wrote libraries for Android and iOS, also wrote a simple server component which could be installed on Heroku with a single click. At the start of the app, it would contact the server for payment status. If server indicated that payment has been made, it would function like normal. If not, it would just crash. I never used it in any of my projects nor I know anyone using it. I just had an itch of learning Clojure and building libraries for android, and iOS, so I made them. [0] - https://github.com/avinassh/little-finger https://github.com/avinassh/little-finger
  • o___ 5y ago
    > Just need to specify the conditions of what "done" or "delivered" looks like Since it's "just" so simple, can you better explain what those done/delivered conditions might look like? And preferably how that would also be more secure than Escrow.com?
• x4e 5y ago
  Yes, if you had an oracle [1] that was able to provide information on whether the transaction had completed. [1]: https://en.m.wikipedia.org/wiki/Blockchain_oracle https://en.m.wikipedia.org/wiki/Blockchain_oracle
  • ericjang 5y ago
    How would oracles verify semi-private business deals?
  • lobocinza 5y ago
    In the end its the same problem. A human has to verify.