Quote from: systemv on September 06, 2017, 08:09:27 PM

Quote from: Aerys2 on September 06, 2017, 07:34:08 PM

Hello, i have a question, what do you plan to prevent and/or help the buyer in such cases :

- Hack of the seller account
- A damaged product
- A product not delivered
- vilifying (against the seller in that case) or fraud

Because these cases often happen on eBay ( especially with Paypal, it's known the buyer scam who buy something , receives the product and then take back his money with the support of Paypal)

Good questions, thank you!

Hack of seller's account is tough to deal with. Our current implementation and concept similar to Ethereum itself, you have your private key and if it is lost/stolen you cant access your account. You free to create new one, but everything associated with old one would be lost. We are considering having Multisig accounts that would be worthless if stolen, as they require consensus on many actions.

Another option of course is to add supervision for account management, but there is a thin line between fully "libertarian" system and allowing some entity to control accounts. Possibly if that would be done by elected/high-reputation moderators (not StuffGoGo), that would be best

Buyer/Seller protection would be ultimately done in 3 ways:

- dual-side deposit with SGG tokens of value adequate for transaction cost and risk of transaction. Tokens would be released back to buyer/seller upon agreement that everything payed and delivered as promised

- community-elected moderation for a fee to moderator (similar to OpenBazaar)

- moderation by us (going to be franchised)

Every seller, every category of goods, it's locality, etc will have a reputation and a risk score associated, that is displayed before making purchase and protection can be optional or mandatory

Thanks for your answer, you already have a nice protection system planned, that's great ! That's exactly the kind of things i had imagined.