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it's also worth considering that while existing middlemen are slightly more expensive they also offer strong consumer protections that are totally absent in the
by nyolfen 12y ago
it's also worth considering that while existing middlemen are slightly more expensive they also offer strong consumer protections that are totally absent in these alternatives
- TehCorwiz 12y agoOpenBazaar uses a three-way transaction. Buyer, seller, mediator. Only two keys are required to release or revert the transaction. In the event of a dispute The mediator is the final judge, they're supposed to decide based on evidence whether to release th payment to the seller or refund the buyer. I do not recall off-hand what the selection criteria is for the mediators, but I believe that it's not in the control of either party.