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$10M is a LOT, I wonder how he will trust them to pay. Once they get their coins back people can change minds.
by djanogo 5y ago
$10M is a LOT, I wonder how he will trust them to pay. Once they get their coins back people can change minds.
- okwubodu 5y agoProbably a bad time to say blockchain solves this, but spinning up a (very) basic swap contract is trivial. He doesn’t need to trust them.
- errcorrectcode 5y agoSo it's "ETH escrow" where the trusted third-party conducting the atomic swap of assets is the blockchain in the form of executing a contract?
- okwubodu 5y agoCorrect.
- errcorrectcode 5y ago4% net is a terrible money laundering rate. Better to keep it and mix it slow than take the first marshmallow immediately and lose way more.