Re: Black Arrow announces 28nm 100Ghash Bitcoin ASIC from $1.49/Ghash

Quote from: GodfatherBond on November 12, 2013, 03:41:10 PM

Quote from: Puppet on November 12, 2013, 03:01:46 PM

Instead of escrow, why not use multisignature? Its easy to do on blockchain.info:
https://blockchain.info/wallet/escrow

No risk of the escrow party running off with the money, losing his laptop or getting killed in a carcrash. You just need an independent third party to sign, and if all goes well, he doesnt have to do anything.

That´s actually nice way to do escrow.

So BlackArrow does not need the money from the orders to pay for NRE and the first run? Because escrow holds the money (or the coins) and does not release until final ship/receipt. It would also create a lot of BTC exchange risk for the manufacturer since their costs are in $ and the escrow funds in BTC would flucuate each day (I know, BTC only go up).