Re: [ANN] SLING | Masternodes | ANON | Android | Encrypted Messaging | SLINGROAD
It should be auto released if one party didn't put up the funds after a period of time.
I don't understand why you have such a difficult time understanding unless you're just trolling
I don't understand why you have such a difficult time understanding unless you're just trolling
I am trolling? WTF?
i just want to know can you tell me how long the expiry, instead of period of time:)
I wish the dev would come around to answer you or provide more information on how escrowing works in sling.
Since he mentioned he worked off the bitmarket workflow... it *might* be similar to how bitmarket does it :
Quote
Escrow Lock
When the seller approves the purchase, the seller's client constructs the first part of the escrow lock transaction which contains their security deposit and sends this to the buyer's client. The buyer's client then adds their own Sling inputs for payment and the buyer's deposit, signs the transaction and sends it to the seller to sign and broadcast the completed transaction to the Sling network.
Neither party's funds are locked (unavailable for spending) until the transaction is submitted to the Sling network. If either party fails to complete the escrow message exchange or submit the completed escrow to the Sling network, either can cancel the escrow by sending their own Sling inputs for the transaction to another address they own. Cancellation is only possible if the completed escrow transaction has not been sent to the Sling network first.
When the seller approves the purchase, the seller's client constructs the first part of the escrow lock transaction which contains their security deposit and sends this to the buyer's client. The buyer's client then adds their own Sling inputs for payment and the buyer's deposit, signs the transaction and sends it to the seller to sign and broadcast the completed transaction to the Sling network.
Neither party's funds are locked (unavailable for spending) until the transaction is submitted to the Sling network. If either party fails to complete the escrow message exchange or submit the completed escrow to the Sling network, either can cancel the escrow by sending their own Sling inputs for the transaction to another address they own. Cancellation is only possible if the completed escrow transaction has not been sent to the Sling network first.
Dev is depressed cuz this coin is crashing. no big timers are gonna use sling.
He's moved on to another coin this thread closes in 48hrs he told me in IRC