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User Alice and Bob want to swap domain names they own, but using an escrow to facilitate the trade safely and mitigate counterparty risk - and they want to do t
by whatisweb3 4y ago
User Alice and Bob want to swap domain names they own, but using an escrow to facilitate the trade safely and mitigate counterparty risk - and they want to do this instantly, without sharing private data online, and without paying a % commission to a rent extracting corporate third party entity.
Blockchain enables this use case, for a small fixed fee that is directed to users upholding the protocol - which may include Alice and Bob themselves as token holders and block producers.