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Showing 5 of 5 results by zacknzo
Hi legendster,
Thanks for showing your concern and interest in us.Ekansh Has already his relationship with Findether.com. He is promoting this exchange on this forum. Regarding me, I am part of the core team that has created this exchange. We have built 1st P2P decentralised exchange of India.
We think a safe transaction is the foremost concern when it comes to doing an Ethereum transaction. Despite Zebpay doing superb, I have read numerous threads where people worry that their bitcoin is still with Zebpay and one day it can get stolen due to a small security glitch.
So, we wrote a smart contract which creates escrow on Ethereum Blockchain. As we all know, Blockchain is mathematically locked database/ledger where ether of bitcoin get stored but its not possible to hack them. Once trade is done, seller releases the escrow and ether goes to Buyer's wallet. Important point is I am not the HOLDER of ETHER here. Ether is locked on blockchain. So, Ether is perfectly safe during transaction.
Another aspect of it is dispute settlement. We have a layer for that , which can settle disputes in minutes. So far we did not have chance to use it in real life trades, but I think we are at least par with other private escrows there.
We are all blockchain developers working towards making Findether.com safest place to trade ether and other ERC 20 tokens. I am open to any other questions too. Feel free to ask.
Thanks for showing your concern and interest in us.Ekansh Has already his relationship with Findether.com. He is promoting this exchange on this forum. Regarding me, I am part of the core team that has created this exchange. We have built 1st P2P decentralised exchange of India.
We think a safe transaction is the foremost concern when it comes to doing an Ethereum transaction. Despite Zebpay doing superb, I have read numerous threads where people worry that their bitcoin is still with Zebpay and one day it can get stolen due to a small security glitch.
So, we wrote a smart contract which creates escrow on Ethereum Blockchain. As we all know, Blockchain is mathematically locked database/ledger where ether of bitcoin get stored but its not possible to hack them. Once trade is done, seller releases the escrow and ether goes to Buyer's wallet. Important point is I am not the HOLDER of ETHER here. Ether is locked on blockchain. So, Ether is perfectly safe during transaction.
Another aspect of it is dispute settlement. We have a layer for that , which can settle disputes in minutes. So far we did not have chance to use it in real life trades, but I think we are at least par with other private escrows there.
We are all blockchain developers working towards making Findether.com safest place to trade ether and other ERC 20 tokens. I am open to any other questions too. Feel free to ask.
Hi all,
Thanks for showing concern on my safety and really appreciate the community awareness exhibited through this act. I represents few old miners in India and have a mandate to sell their Ethers and BTC. I usually comes across buyers who lie in 1 of 4 buckets. Large volume/ small volume and cash/Online payment buyers. This post is specifically for Large volume cash buyers.
I am a blockchain developer who has fair understanding of risk and reward structure of cryptocurrencies. Of all my days in trading, I remind myself just one thing. "Don't get hurt. Hurt No one
".
Thanks for showing concern on my safety and really appreciate the community awareness exhibited through this act. I represents few old miners in India and have a mandate to sell their Ethers and BTC. I usually comes across buyers who lie in 1 of 4 buckets. Large volume/ small volume and cash/Online payment buyers. This post is specifically for Large volume cash buyers.
I am a blockchain developer who has fair understanding of risk and reward structure of cryptocurrencies. Of all my days in trading, I remind myself just one thing. "Don't get hurt. Hurt No one
".