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Monero sounds great as a starting point since it can theoretically mimic an in-person cash exchange as far as anonymity is concerned. But to encourage adoption
by teawrecks 5y ago
Monero sounds great as a starting point since it can theoretically mimic an in-person cash exchange as far as anonymity is concerned. But to encourage adoption we need to be able to do more than that.
Is it possible to design a "chargeback" mechanism on top of monero? What if I want the ability to allow an intermediary to arbitrate a dispute between me and the other party?
- chizhik-pyzhik 5y agoFinality is usually considered a feature of blockchains, not a bug. Chargebacks work on networks like Visa and Mastercard because we trust the network (visa) to step in arbitrate disagreements, but there's no central actor here.
- easrng 5y ago>What if I want the ability to allow an intermediary to arbitrate a dispute between me and the other party? Use a 2-of-3 multisig for dispute resolution.
- olah_1 5y agoThere’s no reason that intermediaries couldn’t be used. But it wouldn’t be part of the actual core tech. There should be multiple options for such things as well. All competing for better service.