wow honestly though it announces the new coin this is the why I registered to this
thank you for your interest, I will definitely need some help with a graphic in the near future.
It definitely is an interesting idea but does it really the solve the problem at hand? It seems to me that the system itself needs more improvements in order to fully prevent scams using the project. If the buyer needs to released the hold coins, what if he/she didn't release it on hold and left the seller waiting? I think escrow would be much more efficient if this system stays as is. I think that every transactions made in it should have an expiration(ideally at least 3 months) and when it expires without the buyer complaining, the seller would receive his pay.
this is why I created the post to hear people thoughts, so let's say I bought something from seller A and transferred to him X amount of coins let's say I forgot to release the funds so within 3 months they will be released automatically but what if i did because the seller is a scammer and i didn't released the hold because of this.
but the scammer will wait 3 months and then it be released, what if to implement the second hold that sending a sort of reminder to the wallet as "you didn't release the funds it's about to expires"
and then if the wallet owner chooses to ignore it will be released automatically, but if not he will click to leave this on hold because it was a scammer this is much safer and eliminated the problem if you forgot to release it from hold what do you think?