Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][ICO] 🚀 $500 000 raised 🚀 Serenity - Escrow🌟. Arbitration⭐. Exchange📈
by
MkrKing
on 02/01/2018, 07:44:06 UTC
Quote from: romgenie on January 02, 2018, 07:39:56 AM
Quote from: MkrKing on January 02, 2018, 07:37:50 AM
Quote from: romgenie on January 02, 2018, 07:34:44 AM
Hello! I’m pleased with the description of the project. I’m planning not only to invest in development, but also to trade via the platform. However, I'm confused by the withdrawal algorithm. How can I withdraw funds from the account? I’ve found out that you can carry it out in case of presence of confirmation of at least two of the three parties: Serenity, broker and client! Can this be done without the client?
You’re wrong. An Ethereum smart contract is created for the client deposit in SERENITY, the funds are transferred to this contract. Its code is additionally published via Etherscan, this fact itself adds some transparency. Consequently, the funds of the client himself are reliably protected and accounted.
But still, it isn’t clear enough for me.  Why do I need any other party in this process besides the trader? He should ask permission?

This option is needed to ensure greater transparency and openness of the system. If there’s no conflict between the client and the broker, they can withdraw the funds themselves. Consequently, Serenity has even provided an additional service for the client who doesn’t set a goal to get into the financial relationship between the broker and the client. But there are different situations.