Quote from: drumamat on Today at 11:00:56 AM

I think this is not an advantage but a disadvantage of the technology that the project is building. Transactions must be irreversible or there is room for manipulation. And no one will approve of that.

Quote from: tbct_mt2 on Today at 12:35:24 PM

It should be clear to discuss about crypto or bitcoin only.

With crypto, yes there are possible reversible transactions especially if the cryptocurrency you are talking about is a centralized cryptocurrency. Like ETH, Ripple, or any other same crypto projects.

With bitcoin, it is irreversible in theory and in reality it is almost irreversible. Reversibility can only be gotten if one pool has more than 51% of the total hashrates on the network, that is difficult. And the pool need to maintain such huge hashrate long enough. On bitcoin network, with long confirmed transactions, more than 30 confirmations, it is safe enough to say they are irreversible.

Quote from: microsurfer on Today at 12:44:57 PM

Reversible transaction will lower trust level in the network

Quote from: Vishnu.Reang on Today at 01:03:13 PM

Doesn't sound like good news for me. There is a reason why cryptocurrency transactions are irreversible. The feature was added, because scammers were making use of the reversibility with payment mediums such as Paypal. Now if we make cryptocurrency transactions similar to those with PayPal, then what will be the difference between the two payment mediums?

You guys really don't read any other post in a discussion do you.... Really...
I've made an effort and actually surfed to the service and read some press releases, and i concluded that this service is NOT about making transactions reversible but it's merely a service that used a clever workaround to make an irreversible transaction LOOK reversible for a very small window in time.

I've already posted my findings twice, but nobody seems to be interested in a discussion, everybody just keeps blurting out the first things that comes to their mind, without reading any other post, without putting in a very small amount of effort.

All in all, this service is just a workaround, i wouldn't use it very often myself, but i do see a potential usecase...