Post
Topic
Board Announcements (Altcoins)
Re: INFLEUM - BRAND PUBLISHING BLOCKCHAIN PLATFORM
by
Garnettil
on 28/10/2018, 11:19:01 UTC
How the contract escrow work in Infleum?
The funds necessary to execute the INFLEUM smart contracts are safely managed within the Contract Escrow in the combined wallet. Upon contract creation, the user must pay a certain amount in tokens, which are later distributed into the escrow accounts.
What is the purpose of the fund part??
The purposes of escrow is clear: prevention of loss due to external involvement and fair distribution management in accordance to the completed contract.Therefore, escrow accounts cannot be invaded or hacked, because to gain access requires signatures of all participating users and contract information
In Infleum smart contracts No-one has the option to cancel a smart contract. Even the contract creator is required to see through the contract–regardless of success–and acquire all signatures and votes in order to cancel smart contract payments. Therefore, an individual does not have the option of accessing and editing the account on his or her own.