Post
Topic
Board Service Discussion (Altcoins)
Re: decentralized escrow?
by
bitgov
on 15/11/2021, 23:14:47 UTC
Is there a working and reliable escrow that works on the blockchain?

If there isn't would you use it if I made one? Image creating escrow smart contacts as per your conditions, neither seller nor buyer wouldn't need to trust each other as well as to pay a fee to third-party escrow service providers (of course creating a smart contract costs money but when chosen the right smart contracts platform you could lower it to a minimum).

Or, kindly recommend one you already are using. Thanks.

I don't know if your knowledge of the cryptocurrency market is so small, or if your imagination has gone in some strange direction, but I will surprise you because something like this already exists and it's not one thing. This is called decentralized exchange:

https://en.wikipedia.org/wiki/Decentralized_exchange