Re: Have you ever thought of bringing back the Middleman - but decentralized?
I don't know. I mean placong a middle man through all this just makes decentralization pointless. If the problen is conflict resolution then I'd guess we can have a sort of judiciary system , which is supposedly the SEC. This entity shouldn't have a hand over crypto currency at all. It just makes them unbiased and all that.
Conflicts are unavoidable, especially in a p2p, decentralized world. Think of e commerce, rentals, trading, lending, content sharing, ...
Having the SEC resolving those issues would 1) lead back to centralization and 2) be impossible due to the amount of disputes that occur daily (eventually hundreds of thousands or millions of conflicts arise currently in our society/economy).
With Oath Protocol, we propose a decentralized decision maker, the Community, composed of general users. We start recruiting Jurors very soon. To become a Juror, you do not need specific expertise and can start arbitrating right away on our partnering platforms that include NEM, Qtum, MOAC, Populstay, UNetwork and many more
Feel free to check out our concept, which is based on the common law jury system:
http://www.chinacryptonews.com/sponsored-article/oath-protocol-the-conflict-resolution-system-for-the-future/