escrow | Recent


· @khursheedanwar ·
$15.74
Escrow and it's working procedure
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**<center> <div class="phishy">Assalamualaikum steemians</div> </center>**
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How are you?Hope so everyone would be safe and sound just like me as I am also safe Alhamdulillah.....


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Escrow in crypto Is my today topic that I'm going to discuss with all of you as well as not only this with its basics I will also be letting you know about its working procedure behind.



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Escrow in cryptocurrency is defined as a mechanism that helps in making the transactions more secure in between the parties involved in any kind of trade or transaction.Escrow is something in Crypto Which is the responsible for folding of friends in a more secure manner until a particular level of conditions meet. So in simple words we can say that this is a way of providing one more layer of security for the maintenance of trust in between the buyers and sellers in crypto world especially.




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![pexels-photo-6780838.jpeg](https://cdn.steemitimages.com/DQmS6zKMiJcQFrTwt67KrmRXyfq5FUyBiku5DhDXagbkERq/pexels-photo-6780838.jpeg)[Image source](https://www.pexels.com/photo/person-putting-bitcoin-in-a-piggy-bank-6780838/)


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By the use of small contracts escrow mechanism is implemented in cryptocurrency transactions and We all know that smart contracts are always self executing and these are self executing because these have an agreement in direct way already written into code form so small contracts are responsible for automatic execution of agreed upon actions.


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I would like to further move into it's working but before this I want to make my concepts more clarify by the help of an example So you have to suppose that there is an artwork which is in its digital form and you want to buy it so without an escrow mechanism use some concerns may arise regarding legitimacy of person which is selling his artwork or quality of artwork.In this way is up to you that if you want to make something more secure and transparent like this then you can use escrow services for preventing it from any risks and challenges.




There could be the involvement of different steps in the working of escrow mechanism in Crypto world.....




**Agreement**



First of all there should be an agreement in a proper way and in which thing there should be an agreement? so you and seller on terms of transactions and there should also be an agreement on the relevant details which most probably include price and delivery requirements etc.



**Escrow Setup**


When you and seller are agreed completely to use an escrow services then there is a need of escrow setup So in this way you have to create small contract for the holding of funds until the certain level of requirements meet.



**Funds Deposited**


Now this is again one of the most important step in which you have to deposit funds so amount at which you are agree you would send it to the small contract address so that the funds would be hold now in escrow.


**Verification**


After the holding of funds and receiving of funds definitely there would be the step of verification.In this step an escrow services would be used for transactions verification and for confirmation of sufficiency and validity of transactions.



**Delivery Confirmation**


This is a step for the information of delivery of funds and in this way you will get digital artwork according to the example I have explained above and you would also verify that is it same just like your agreed upon description and quality of it or not.



**Release of Fund**



When you would be satisfy and happy by receiving your artwork and by its delivery,then it would be the time of notifying escrow services and escrow services then release funds to seller.























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![pexels-photo-6765370.jpeg](https://cdn.steemitimages.com/DQmdhmqYFFcS8HkD44VTF64dcsnYMKEBuEAYEwUvntHNrcP/pexels-photo-6765370.jpeg)[Image source](https://www.pexels.com/photo/close-up-shot-of-gold-coins-6765370/)


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**Dispute Resolution**



Now this is a last but not least step which is about resolution of dispute so in this process then there is a disagreement or dispute then escrow services In this way act as a third party which is neutral for resolving issues between two parties so in this way issue resolved by fair resolving between two opposite parties that are involved.



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That was all about my topic in which I tried my best to explain the basics of this services and how these are used as well as not only this I have also explained one of the most simple example in front of you and at last I have explained steps of its working in detail and now you can understand that by the utilization of these services everybody can feel very secure because they would feel peace of mind that their friends are at a very secure place and there is extra level of security and reduction in the risk of fraud in it due to the implementation of escrow services on it.







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**<center> <div class="phishy">Thanks</div> </center>**
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👍  , , , , , , , , , , and 254 others
2 replies
· @lelectrolab ·
D-Share Dapp - escrow-as-a-service & revenue sharing
# 🌐 Quick Links


| **[🔗 D-Share](https://d-share.io)** | **[🌟 D-Event](https://d-event.io)** | **[🏢 BE Blockchain](https://beblockchain.be)** | **[💬 TelegramGroup](https://t.me/+vS9eoJ7vzoc4MTZk)** |
|:-----------------------------------:|:----------------------------------:|:---------------------------------------------:|:----------------------------------------------------:|
| Escrow-as-service & Revenue Sharing   | DeFi for events | Mother Company / Web3 Studio | Join Our Community                                    |

# D-Share Dapp - escrow-as-a-service & revenue sharing

![Banner dshare.png](https://cdn.steemitimages.com/DQmUHJaGHvzXDpkPuGySopWrtP1ANvDsgdUe3X9ibMrG2VZ/Banner%20dshare.png)

**BULLET POINT SUMMARY AT THE END**

Greetings, Steemit Community!

We're thrilled to unveil [**D-Share**](https://d-share.io), a groundbreaking project poised to redefine the landscape of partnership agreements and revenue sharing in the Web3 world. Drawing inspiration from the evolving needs of the Web3 community, D-Share combines the trust of smart contracts with the flexibility of decentralized finance, facilitating trustless transactions in deal-making.

## Why and Who?

D-Share is an innovative project led by [**BE Blockchain**](https://beblockchain.be), a Belgian company renowned in Wallonia (South Part of Belgium) for its expertise in Web3 and blockchain technologies. Notably, BE Blockchain has been instrumental in establishing the official Walloon business network, [**WalChain.be**](http://walchain.be/).

As a Wallonian SME, we are developing the D-Share solution primarily for our own use, addressing common challenges we face, such as dealing with bad payers, extended payment delays, solvency issues, and trust crises with certain suppliers. By creating a product that meets our specific needs, we aim to enhance our operational efficiency and reliability.

The D-Share project is currently partially **subsidized by European funds**, under the guidance of the Walloon tech incubator [**WSL.be**](http://wsl.be/).

We are a dedicated team with complementary skills, comprising 7 folks working on the project (including the core team).


![BEB presa dshare.png](https://cdn.steemitimages.com/DQmRWNwtjBHe8KjhKkKPmdE4dsypNvFNh215JuTupQPZ6Xq/BEB%20presa%20dshare.png)

![dshare team.png](https://cdn.steemitimages.com/DQmRKB4M8UiuPSt8uRBZfE3Q7kYb7nSnQQJigqKbXGAJXMb/dshare%20team.png)

## Our Ambition

The aim of D-Share is to roll out a fully decentralized **Web3 version**, serving as a public tool for the community, alongside a **Web 2.5 version** tailored for enterprises and managed by BE Blockchain as an **internal tool** and a **commercial product**. This iteration will include a **gasless wallet** and solutions for **FIAT on/off ramping**, bridging the gap to achieve seamless usability akin to Web2.

This is why we are keen on building a community around the Web3 project, primarily to develop it according to the needs of the community, especially targeting **Web3 freelancers, DAOs, international contractors,** and even **Web3 startup-VC** deals.

The Web3 project is envisioned to evolve into a **DAO**, including the creation of a token for which we already have several potential utilities in mind.

The project is in its early stages, having been initiated in mid-2023, but we are eager to rapidly confront the market with this full Web3 version.

***The Future Vision: DeFi for Events***

*As we forge ahead with D-Share, our sights are set on a broader horizon – the creation of [**D-Event**](https://d-event.io), an ecosystem envisioned to revolutionize the event industry through DeFi principles. D-Event aims to be a **community-driven platform**, interconnecting stakeholders and streamlining revenue flows such as ticketing and cashless transactions. This ambitious endeavor seeks to empower event organizers, artists, and participants by providing a decentralized, transparent, and efficient system for managing and sharing event revenues. D-Event is not just a project; it's a step towards a future where events are community-driven.*

## D-Share Capacities

With blockchain at its core, D-Share guarantees security and trust in every transaction, backed by the immutable nature of smart contracts. The principle is to let business partners define and accept conditions to trigger a transaction, allowing:

- **Secure Business Transactions:** Create quotes and purchase orders in just a few clicks, and invite your partners to join a deal with confidence. Funds are securely held in an escrow account and released based on the pre-set conditions agreed upon by all parties.
- **Versatile Deal-making:** D-Share stands out for its versatility, enabling you to create a broad range of deals, including complex multi-party agreements. From revenue sharing to strategic collaborations, the platform allows you to invite various partners and define their contributions, ensuring transparency and equity in every agreement.
- **Revolutionary Revenue Sharing**: D-Share introduces an automated, smart contract-based system for transparent and fair revenue distribution, perfect for NFT and ticket sales or cashless operations in the event industry.
- **Simplified Dispute Resolution**: Navigate the complexities of deal-making with D-Share’s conflict resolution feature. In the event of disputes, partners retain control by selecting a trusted mediator, ensuring fair and efficient resolution. D-Share is committed to safeguarding the integrity of your agreements and maintaining a level playing field, where every party’s interests are protected and respected. We will also include a notarized chat feature with AI-driven contract drafting. This innovative tool will allow users to communicate securely within the platform, with the added benefit of notarizing discussions. Furthermore, our AI technology will assist in drafting contract outlines, ensuring that every agreement is precise, legally sound, and tailored to specific deal requirements.
- **Data Sourcing:** This innovative upcoming feature will allow you to use external data, like the number of views on a video, to automatically trigger payments. This means your agreements can be executed with great accuracy, based on real, measurable data. Keep an eye out for this feature, which will enhance your decision-making process by integrating reliable, data-driven triggers into every transaction.

The product is still under development, but the basic deal-making process is ready to be tested and improved.

![dshare process.png](https://cdn.steemitimages.com/DQmShvHGQMHpwMeT6Q2oZgc3845b8kLtJU4cSx2RRMgjjPe/dshare%20process.png)

**Join the Alpha Testing Wave!**
Your voice matters! We invite the vibrant Web3 community to join us as alpha testers for our second alpha test phase. Be among the first to experience D-Share and help shape a service that truly resonates with the needs of Web3 enthusiasts and professionals.

## 📢 We Want to Hear From You, Steemit Community! 📢

In our journey with **D-Share**, we're keen to understand the challenges you face in the dynamic Web3 landscape. Your insights are invaluable to us, and we'd love to hear your thoughts and experiences:

- **Client Solvency Issues:** Have you encountered problems with client solvency? How has it impacted your business or projects?
- **Trust in Service Providers:** Do you face challenges in trusting suppliers and service providers? What are your main concerns?
- **Payment Delays:** How common are delayed payments in your dealings? What solutions do you currently use to mitigate this issue?
- **Data-Driven Payments:** For influencers or Web3 project owners, do you see the benefit of triggering payments upon achieving specific objectives, like video views or other measurable milestones?

🔍 **Share your experiences and ideas in the comments below!** Your feedback will not only help us tailor **D-Share** to better meet your needs but also contribute to shaping a more efficient and trustworthy Web3 ecosystem.

Let's collaborate to create solutions that resonate with the real needs of our community. We're excited to read your responses! 🌟

**Connect with Us on Telegram**
Be part of our journey by joining our Telegram group: [**D-Share Telegram Group**](https://t.me/DShareOfficial).

Here, you'll find the latest updates, engage in discussions, and connect with like-minded individuals passionate about blockchain and decentralization.

Together, let's shape the future of decentralized deal-making with D-Share. Your insights and participation are key to driving this innovation forward.

**Ready to be a part of something revolutionary? Join us now! 🚀**

## D-Share Project Summary:

**D-Share streamlines and secures business deals with escrowed payments released upon agreed conditions.**

- **Innovative Project:** Developed by BE Blockchain, a leader in Web3 and blockchain technologies in Wallonia, Belgium.
- **Focus:** Addressing common SME challenges like bad payers, payment delays, solvency issues, and supplier trust crises.
- **Funding:** Partially subsidized by European funds and supported by the Walloon tech incubator WSL.be.
- **Core Features:**
    - Automated and secure business transactions using smart contracts.
    - Versatile deal-making for a range of business needs, including complex multi-party agreements.
    - Revolutionary revenue sharing ideal for the event industry, NFT, and ticket sales.
    - Simplified dispute resolution with a mediator selection feature.
    - Upcoming data sourcing feature for automated, data-driven payment triggers.
- **Web3 and Web 2.5 Versions:** Catering to both Web3 community needs and enterprise requirements.
- **Future Vision:** Evolving into a DAO with a token system, aiming to revolutionize the event industry through DeFi principles with D-Event.
- **Alpha Testing:** Inviting the Web3 community for the second alpha test phase.
- **Join Us:** Be part of the journey and shape the future of decentralized deal-making.
👍  ,
1 reply
· @blockchainhorror ·
$0.62
CoinGape - Ripple Escrow Unlocked; Whales Dump 100 Million XRP
https://coingape.com/ripple-escrow-unlocked-whales-dump-100-million-xrp/
![Screenshot_20230603-191408_Brave.jpg](https://cdn.steemitimages.com/DQmcAugWGSp2L6utjX1GYES8N9TMK4sqyHyJarv8C5Mo2Fc/Screenshot_20230603-191408_Brave.jpg)

There is concern that XRP will face selling pressure as Ripple has already unlocked escrow and added another 1 billion tokens to its circulating supply.

Cumulatively, approximately 100 million XRP (about $50 million) have been transferred to cryptocurrency exchanges for dump by the whales.

Meanwhile, before the expected escrow routine, a whale address raised 27 million XRP (about $14 million) in a single transaction.

What do you think?

![Screenshot_20211106-080453_DesignEvo.jpg](https://cdn.steemitimages.com/DQmVW7pcfbfJ5xbBPEZK2Ux75TdWPA81F3G6aCnXjdn5by8/Screenshot_20211106-080453_DesignEvo.jpg)
👍  , , , , , , , , , , and 37 others
2 replies
· @cm-steem ·
Want to barter? A spotlight on the Bitshares DEX on-chain bartering mechanism! Escrow, negotiations, P2P trading!
## The Bitshares DEX supports bartering?

Yes, the Bitshares decentralized exchange supports on-chain peer to peer bartering; it was implemented [between 2018-2019](https://github.com/bitshares/bitshares-ui/commits/develop?before=634813828b015d544cb75dc771eec63df9242bb3+35&branch=develop&path%5B%5D=app&path%5B%5D=components&path%5B%5D=Showcases&path%5B%5D=Barter.jsx&qualified_name=refs%2Fheads%2Fdevelop) in the [Bitshares web-ui](https://wallet.bitshares.org/#/barter) and showcased to the public in the [new features spotlight](https://wallet.bitshares.org/#/spotlight) page.

[![image.png](https://files.peakd.com/file/peakd-hive/nftea.gallery/23tm72dJsCEgqAYf7NKQtukWxPL7fCAtPHZicMdoYcSL4MzyRULv6rQFcvk89yXAEWkCt.png)](https://wallet.bitshares.org/#/barter)

The [Bitshares bartering system](https://wallet.bitshares.org/#/barter) enables users to suggest asset swaps with other Bitshares accounts, this happens outside the order book and can include an escrow.

Want to know more about bartering? Check out its [wiki page](https://en.wikipedia.org/wiki/Barter)!

## Why barter?

Say someone has an asset on the Bitshares blockchain that you want, such as an NFT, but it's in their portfolio/inventory not on the open market, how would you buy it?

If their Bitshares account name isn't associated with an user on telegram/matrix/hive, then your only outreach option is to send them a transaction with a memo explaining your desired market trade, with the hopes they read it and decide to place it on the open market.

Alternatively, say two users in an on-chain game decide to trade game items between themselves in an in-game safe zone (like a marketplace), you would use this bartering mechanism to enable peer to peer trading on-chain.

## How do you barter on the Bitshares DEX?

Within the reference Bitshares wallet, navigate to the [spotlight](https://wallet.bitshares.org/#/spotlight) page, then to the [barter](https://wallet.bitshares.org/#/barter) page, you'll see the following UI:

[![image.png](https://files.peakd.com/file/peakd-hive/nftea.gallery/23swkTXN56KBsMsvWcrLK3ANrdvjbHYWdzX69dXqkxnJWCGZWZeCS7bsYAnzgA31g1zWp.png)](https://wallet.bitshares.org/#/barter)

You need to specify the other participant in the bartering exchange, alongside the trade contents and justification, such as:

[![image.png](https://files.peakd.com/file/peakd-hive/nftea.gallery/23swkainyD2DkzsoCJPKgLKv4MuBDKW4aHkCAgX7GU5J4auySoWHPNdN7CUjuqX8vEk1b.png)](https://wallet.bitshares.org/#/barter)

So I've been able to propose a peer to peer trade between myself and another blockchain participant, without a middleman system between us introducing risk.

Now, say part of the bartering exchange includes an activity, like creating content, you can include an escrow participant who will securely hold my payment funds, and upon verifying the creation of the negotiated content will release the barter fund contents to peer 2.

[![image.png](https://files.peakd.com/file/peakd-hive/nftea.gallery/23swkahG5uJJBkFRjPJiWa7EdRtyidsS78WNnfxJNqjXqyGabBvPaCq4irgQE4WLNhhZf.png)](https://wallet.bitshares.org/#/barter)

The escrow participant in this example was the bitshares committee, however in an on-chain game this could be set as the auction house auctioneer if within the bounds of a safe zone.

## How much does it cost to barter?

As you may have spotted in the above screenshots, the [fees](https://wallet.bitshares.org/#/explorer/fees) for a barter exchange include:

| Fee type | Non-LTM fee | LTM fee |
| - | - | - |
| Peer 1 creating the barter proposal | 9.65218 BTS | 1.93044 BTS |
| Peer 1 accepts barter | 0.86869 BTS | 0.17374 BTS |
| Peer 2 accepts barter | 0.86869 BTS | 0.17374 BTS |
| (Optional) Escrow approves barter | 0.86869 BTS | 0.17374 BTS |

### Some observations from the above fee table

* If Peer 2 rejects the barter exchange they pay no fees
* If Peer 2 wants to propose alternative barter exchange terms then they will become Peer 1 in a new barter exchange.
* If the escrow agent is not consulted prior to being selected as escrow, eg like picking the Bitshares committee to oversee an ingame item trade, they may ignore/reject the barter due to the imposed cost of fees. Contact an escrow agent prior to selecting them as peer 3.
* Escrow agents fees will need to be covered by either Peer 1 and/or Peer 2. Due to this, non-escrow P2P bartering is the entirely unbiased option.
* Since new barter proposals are expensive, establishing communications via initial memo for further trade negotiations would save participants fees.
* It's worth [purchasing a life-time membership](https://how.bitshares.works/en/master/user_guide/accounts/bts_membership.html) on the Bitshares blockchain to reduce the cost of on-chain P2P bartering trade exchanges.

---

#### Some questions for the community!

Have you used peer to peer trading in games before? Do you think a manual escrow participant could have benefited any of your trades? Or would it have slowed things down for you?

Would you use in-game P2P trading for an on-chain web3 game?

Are there any new Bitshares features you would like to see introduced to the spotlight page?
👍  
· @dropchief ·
Revolutionize Your Transactions with Zenland's Smart Contract Escrow Solution - Secure, Transparent, and Cost-Effective!
![image.png](https://cdn.steemitimages.com/DQmWzwPMyFnFMqZ2tXNDXc6i6zPvyVQbGr1tN8CRXCWziz2/image.png)

[ZENF Token Page](https://token.zen.land/) || [Website](https://zen.land/) || [Whitepaper](https://zen.land/whitepaper.pdf) || [Telegram](https://t.me/zenlandofficial) || [Twitter](https://twitter.com/zenland_app
The digital age has revolutionized many industries, and the financial industry is no exception. One of the most significant advancements in recent years is the use of blockchain technology to create a decentralized financial system. One of the leading players in this space is Zenland, a company that provides smart contract-powered escrow solutions. In this article, we will delve into Zenland and explore its smart contract-powered escrow solution in depth.

## Overview of Zenland
[Zenland](https://zen.land/) is a company that was founded in 2019 and is headquartered in Singapore. The company's primary focus is on creating decentralized financial solutions using blockchain technology. Zenland's goal is to provide secure and transparent financial services that are accessible to everyone.

![image.png](https://cdn.steemitimages.com/DQmXxjSnshdFWJdaUvmYp4UiibiNWs491QW56RS794Zbdc2/image.png)

## Zenland's Smart Contract Powered Escrow Solution
One of [Zenland's](https://zen.land/) most significant contributions to the world of blockchain technology is its smart contract-powered escrow solution. The solution is designed to facilitate safe and secure transactions between parties who do not trust each other. Here's how it works:

* The parties involved in the transaction agree on the terms and conditions of the transaction.
* The funds are then placed in an escrow account that is controlled by a smart contract.

![image.png](https://cdn.steemitimages.com/DQmakYhR7fovCFUCTrZJurAZErKNe9qeXQrytzDG7DuEAFA/image.png)

* The smart contract monitors the transaction and ensures that the funds are released to the appropriate party when the terms and conditions of the transaction are met.

## Benefits of Zenland's Smart Contract Powered Escrow Solution:
* **Security:** [Zenland's](https://zen.land/) smart contract-powered escrow solution provides a high level of security since the funds are held in an escrow account that is controlled by a smart contract. This ensures that the funds are only released when the terms and conditions of the transaction are met.

* **Transparency:** Zenland's solution is transparent since the terms and conditions of the transaction are agreed upon by all parties involved. Additionally, the smart contract monitors the transaction, and all parties can view the status of the transaction at any time.

![image.png](https://cdn.steemitimages.com/DQmPqg9zAqGdsQvED8zP1nK3ym2TfakbrTxLra77D43TJ1x/image.png)

* **Efficiency:** Zenland's solution is efficient since it eliminates the need for intermediaries such as banks, which can slow down the transaction process and increase costs.

## Use Cases of Zenland's Smart Contract Powered Escrow Solution
* **Real Estate Transactions:** Real estate transactions involve significant amounts of money and require a high level of security. [Zenland's](https://zen.land/) smart contract-powered escrow solution can be used to ensure that the funds are only released when the transaction is complete and all parties have met the agreed-upon terms and conditions.

![image.png](https://cdn.steemitimages.com/DQmWbiZutbGEFLNF7jEA8dCKcA31gZRMceugShB4Hb5dDnP/image.png)

* **Freelance Services:** Freelance services often involve transactions between parties who do not know each other. [Zenland's](https://zen.land/) solution can be used to ensure that both parties fulfill their obligations and that the funds are only released when the services are complete.

* **Online Marketplaces:** Online marketplaces often involve transactions between buyers and sellers who do not trust each other. Zenland's smart contract-powered escrow solution can be used to ensure that the funds are only released when the buyer receives the goods or services as described.

## In Conclusion

In conclusion, [Zenland's](https://zen.land/) smart contract-powered escrow solution is an innovative solution that provides security, transparency, and efficiency to financial transactions. Its potential use cases are numerous and can benefit various industries. With the increasing adoption of blockchain technology, solutions like Zenland's will likely play a significant role in the future of finance.

[ZENF Token Page](https://token.zen.land/) || [Website](https://zen.land/) || [Whitepaper](https://zen.land/whitepaper.pdf) || [Telegram](https://t.me/zenlandofficial) || [Twitter](https://twitter.com/zenland_app) || [YouTube](https://www.youtube.com/@zenland_app) || [Reddit](https://www.reddit.com/r/ZenLand/) || [Discord](https://discord.com/invite/gXdd8bd6Ez) || [LinkedIn](https://www.linkedin.com/company/zenland/) || [Medium](https://medium.com/@zenland)

Published by
Forum user: [thefreethinker](https://bitcointalk.org/index.php?action=profile;u=3393591)
[Proof of Authentication](https://bitcointalk.org/index.php?topic=5439726.msg61763986#msg61763986)
👍  ,
· @emilybarros ·
Zenland - A Crypto Escrow Platform With Lower Fees, Non-custodial Wallet Access, And On-chain Verification
![__logo1.png](https://cdn.steemitimages.com/DQmdCrKYfjbun9KksMWjGA1Muyyxcb9ZjBdDwvP1ikvshUU/__logo1.png)

<h2>Introduction</h2>

Have you ever thought about using a smart contract for something outside of a digital currency? It might sound like a weird idea, but as it turns out, there are plenty of things that can be done with them.

Smart contracts are essentially software on the blockchain that can enforce automatic transactions and ownership transfers when certain conditions are met. In other words, they can act as a third party in the case of any potential disputes or breach of contract. 

You can use this to your advantage in situations where someone is buying or selling something online, and things go wrong. Or maybe you're hiring someone to do some work for you, and you want to make sure they won't disappear after you've paid them.

The easiest way to get involved with a smart contract is through escrow. This means that the money given by the buyer is placed into an account controlled by the smart contract until both parties confirm that everything went smoothly. 

At **Zenland**, this ecosystem focused on helping our users make the smartest possible choices as they use smart contract technology. As always, make sure that you understand all the risks involved with your actions. Only do business with people you trust and never give out your private information (such as your wallet key or password).

<h2>Why You Need Zenland Escrow Smart Contract?</h2>


![How Does it Works.png](https://cdn.steemitimages.com/DQmaQQj5hR2akccFWWb5cRDUqiUcH9VV6Lsr38JERaq5RY5/How%20Does%20it%20Works.png)


Because Zenland is a new technology, there are some important factors you need to consider to make sure it's right for you. Smart contracts won't protect you from ever being scammed or ripped off, but they can help ensure that you're never the one who ends up on the losing end of a deal.

First, always research the party you're buying from—look at their profile, their rating, and any comments people have left about them. If everything seems in order and this is someone you trust, then go ahead and agree on terms for the transaction.

Next, you'll have to choose which currency to use for your contract. The most common choice is Bitcoin or Ethereum, but other options might also be available depending on what the seller requires. Once that's decided, you'll be asked to provide payment for the item or service—in this case you are selling an ebook, so we'll give them the address of our bitcoin wallet where they can send the amount due. 

Because smart contracts are decentralized and don't involve any third parties (like a bank), it's very important to double-check that your payment went through correctly—you don't want to end up on either side of a bad transaction.

<h2>How Does Make Deals Verified Smart Contract in Zenland</h2>

Anyone can start an escrow contract with Zenland, and buyers and sellers can negotiate the payment terms in a safe, private environment. Once the contract is mutually approved, it's published on the blockchain and payments are made using web3 wallets.

Zenland supports web3's core philosophy of keeping user identities private while the transactions remain transparent and public. Through this crypto-based escrow system, payments can be made without disclosing identities or providing any personal information—just a wallet address is required during the transaction flow. 

After a deal closes, users have the option to chat anonymously through their escrow contract if they want to renegotiate or dispute the sale. If a dispute arises, users can escalate it to a neutral third party (an Agent) for resolution.

Whether you're buying or selling physical or digital goods and services, Zenland ensures that your identity is never tied to your purchase. With our unique model for secure peer-to-peer transactions, we hope to make cryptocurrency more accessible for everyone.

<h2>How Connect app Zenland:</h2>

![connect.png](https://cdn.steemitimages.com/DQmTLCq3zbVuo6rzReWkauNtdiWXa6vNFq98NC9JEkYGeuE/connect.png)

* Go to http://app.zen.land and sign in your Metamask wallet
* Tag us in the comments and paste your Metamask address 
* Get a $10 welcome credit to your Zenland account

#zenland #escrow #web3 #crypto

<h2>Zenland Escrow Smart Contract Use Case</h2>

Zenland's escrow smart contract is a perfect solution for the safe and anonymous transfer of digital art and non-fungible tokens (NFT). If you're looking to invest in digital art or NFT, it's important that you know who the legal owner of a digital asset is at all times, otherwise there could be costly consequences. 

Blockchain transparency ensures that all the relevant information about the transfer is available right away—the buyer and seller each have an address on the blockchain, which means that anyone can view the blockchain explorer to confirm when a transaction occurred, how much value was transferred, and how much gas was used.

Zenland also offers customized escrow smart contracts for every use case. In OTC trades, buyers and sellers can exchange in-game assets or collectibles directly from each other as easily as people from different parts of the world can trade with each other. 

In freelance work, contractors and freelancers of all kinds can safely and securely build their own smart contract conditions for fair transactions. As an added bonus, Zenland's fees are more affordable than most alternatives.

<h2>Zenland Token Fee ($ZENF) Utilities</h2>

Zenland token fee ($ZENF) will use a web3 escrow system that allows buyers and sellers to conduct transactions without relying on a third party—all while ensuring that both parties are protected. A marketplace where people can offer their products and services, or find those they need, will allow them to do so without paying any fees (unless they want to).

A DAO community where users can vote on proposals for improving the platform or sharing profit with token holders (who will receive dividends based on how much $ZENF they own) will make it so Zenland is owned by its users, and token holders will have power over how the platform grows.

Zenland has already launched its beta, where you can take a look at how easy it is to use—all we need now is your support! The best way to show your interest in the project is to buy some ZENF tokens during presale round I. For every $ZENF you buy, you'll get an extra bonus.

<h2>So, grab now $ZENF Presale Round I</h2>

![FoiekipWIAIdj6I.jfif](https://cdn.steemitimages.com/DQmUG3qcfgSNN6YgX8316SbfApvZg4mcgeCKnNGtnx4pM7H/FoiekipWIAIdj6I.jfif)


* 💠 ERC-20 utility token
* 💠 Min amount: $50
* 💠 Presale I price: $0.02
* 💠 Listing price: $0.05

<h3>Be early and join here 👉https://token.zen.land</h3>

<h2>Just visit Zenland website and get learn more for updates at:</h2>

**ZenLand Website: https://zen.land/**
**Telegram Group: https://t.me/zenlandapp**
**Twitter: https://twitter.com/zenland_app**
**Join in Zenland Discord: https://discord.gg/gXdd8bd6Ez**

<h2>Author</h2>

BTT Username: **Emily Barros**
POA Link: https://bitcointalk.org/index.php?topic=5439726.msg61820201#msg61820201
BSC (BEP-20) Wallet Address: 0xB2a7AFc4eFccf242FC5f9FD8726231cEbC83CCd5
· @dropchief ·
Zenland Escrow Ecosystem: A Secure, Fast and Transparent Platform for Online Transactions
![image.png](https://cdn.steemitimages.com/DQmdfhygsuLXveurbBJDazj7eTm1qcopek5jPqQkeGGj7uC/image.png)

[ZENF Token Page](https://token.zen.land/) || [Website](https://zen.land/) || [Whitepaper](https://zen.land/whitepaper.pdf) || [Telegram](https://t.me/zenlandofficial) || [Twitter](https://twitter.com/zenland_app) || [YouTube](https://www.youtube.com/@zenland_app) || [Reddit](https://www.reddit.com/r/ZenLand/) || [Discord](https://discord.com/invite/gXdd8bd6Ez)

In the digital age, the concept of trust has become more critical than ever. Online transactions have become a norm, and people expect fast, secure, and reliable services. With the increase in fraud and scams, users are hesitant to make payments without a sense of security. However, this is where escrow services come in.

An escrow is a financial agreement where a third-party holds and regulates payment of funds until both parties involved are satisfied with the transaction. [Zenland Escrow Ecosystem](https://zen.land/) is a platform that offers a fast, secure, and transparent escrow service, ensuring the safety of buyers and sellers.

## Introducing Zenland Escrow Ecosystem

[Zenland](https://zen.land/) Escrow Ecosystem is a next-generation decentralized platform that aims to revolutionize the world of escrow services. The platform uses blockchain technology to provide a decentralized and transparent escrow service, ensuring that both buyers and sellers are protected from scams, fraud, and disputes. The platform is designed to be user-friendly, and it offers fast transactions with low fees, making it an ideal solution for businesses and individuals who need a reliable escrow service.

![image.png](https://cdn.steemitimages.com/DQmPkKfXtWgxoo32eYiJtnvmEMWW1m5NcFhmGYjisukeDEX/image.png)

The Zenland Escrow Ecosystem was created to address the challenges faced by individuals and businesses when conducting online transactions. The platform offers a secure and reliable way to transact without the need for intermediaries. The platform offers a decentralized system that ensures transparency, and it offers users peace of mind when conducting transactions.

![image.png](https://cdn.steemitimages.com/DQmeWYZXfm2j2PaDhRGKn71uBRkYJuTqLvqyxcAMcarETG8/image.png)

[The platform](https://zen.land/) is designed to be user-friendly, and it offers fast transactions with low fees. The platform uses smart contracts to ensure that all parties involved in a transaction follow the agreed terms. This helps to reduce the likelihood of fraud and disputes, and it ensures that transactions are completed in a timely and efficient manner.

## How Zenland Escrow Ecosystem Work

The [Zenland Escrow Ecosystem](https://zen.land/) works by creating a smart contract between the buyer and the seller. The contract outlines the terms of the transaction, and it includes the details of the item being sold, the agreed price, and the delivery timeline.

![image.png](https://cdn.steemitimages.com/DQmNgqqhp9hzTWvNPtMGYVuogg7mMBC8hRqVu5dUPUHCDeF/image.png)

Once both parties agree to the terms, they deposit the funds into the escrow account. The funds are then held in the account until the item is delivered, and both parties are satisfied with the transaction. If any disputes arise during the transaction, Zenland Escrow Ecosystem acts as a neutral third party to resolve the issue.

![image.png](https://cdn.steemitimages.com/DQmZ3qG1Q8Mf9f5n8FYjxbpAKeXxfZF5F1TCUHYhLwv9kSt/image.png)

The use of smart contracts ensures that all parties involved in the transaction follow the agreed terms. This helps to reduce the likelihood of disputes and fraud, and it ensures that transactions are completed in a timely and efficient manner. The platform's decentralized nature ensures that all transactions are transparent and secure, and it offers users peace of mind when conducting transactions.

## Utilization Cases for Zenland Escrow Ecosystem

The use cases of [Zenland Escrow Ecosystem](https://zen.land/) has numerous benefits, including:

* **Security:** Zenland Escrow Ecosystem uses blockchain technology to provide a secure and transparent escrow service. This ensures that both buyers and sellers are protected from fraud and scams.
* **Speed:** The platform offers fast transactions, which means that buyers can receive their goods quickly, and sellers can receive their payments without delay.
* **Low Fees:** [Zenland Escrow Ecosystem](https://zen.land/) offers low transaction fees, making it an affordable solution for businesses and individuals.
![image.png](https://cdn.steemitimages.com/DQmbtgWpw958oFvJnVVrZKM6BKzuc62NvS5xPQCeCh4Wkb1/image.png)
* **Trust:** The platform's transparent and decentralized nature ensures that all parties involved in the transaction can trust each other, creating a reliable and trustworthy environment.
![image.png](https://cdn.steemitimages.com/DQmVKstDzDAvdjqRWKom4TvprqYBhPMA1ePadqvYv7hfaNC/image.png)
* **Efficiency:** The use of smart contracts ensures that all transactions are completed in a timely and efficient manner. This helps to reduce the likelihood of disputes and fraud, and it ensures that transactions are completed quickly.

## Zenland Token ($ZENF)
[Zenland Token (ZENF)](https://token.zen.land/) is the utility token of the Zenland Escrow Ecosystem. It is designed to provide various benefits to users of the platform, including discounted transaction fees, staking rewards, and more.

![image.png](https://cdn.steemitimages.com/DQmTAt6gPtqhGNKeodgkdTJGcZkhyX2U7yMN5biUD1o6cSc/image.png)

With ZENF, users can access and participate in the ecosystem, and enjoy its numerous benefits. As the platform grows, ZENF is expected to gain more value, making it a valuable asset for those who hold it.

## In Conclusion

[Zenland Escrow Ecosystem](https://zen.land/) is a secure, fast, and transparent platform that aims to provide a reliable escrow service to businesses and individuals. Its use of blockchain technology, low fees, and efficient transactions make it an ideal solution for those looking for a trustworthy escrow service.

By using the Zenland Escrow Ecosystem, you can conduct your online transactions with confidence, knowing that your money and goods are safe and secure. Do follow the official links below for much more into the idea and solution of Zenland Escrow Ecosystem, thanks.

[ZENF Token Page](https://token.zen.land/) || [Website](https://zen.land/) || [Whitepaper](https://zen.land/whitepaper.pdf) || [Telegram](https://t.me/zenlandofficial) || [Twitter](https://twitter.com/zenland_app) || [YouTube](https://www.youtube.com/@zenland_app) || [Reddit](https://www.reddit.com/r/ZenLand/) || [Discord](https://discord.com/invite/gXdd8bd6Ez) || [LinkedIn](https://www.linkedin.com/company/zenland/) || [Medium](https://medium.com/@zenland)

### Published by
Forum user: [thefreethinker](https://bitcointalk.org/index.php?action=profile;u=3393591)
[Proof of Authentication](https://bitcointalk.org/index.php?topic=5439726.msg61763986#msg61763986)
👍  
· @dongocrypto ·
What makes Grn Grid the best?
# *Opening Statement*
''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
As indicated in the company's name, Grid places a strong emphasis on adhering to a long-term, sustainable business plan across all of its activities. The company also places an emphasis on harnessing game-changing Blockchain technology, which is also represented in the company's name. It also has a high degree of compatibility with existing blockchain libraries, and it includes critical components that will allow the transition from previous (de)centralized systems to the blockchain sector much simpler and faster than it was previously possible. During the time of writing this article, Grid was available for free download on the company's official website. Some of the services available on the platform include a payment and escrow system that is integrated, trading pools, and encrypted messaging among others.


![s6.jpg](https://cdn.steemitimages.com/DQmewK8MYpKSvqUnCXSxAQ7A52R82fJYR7XxFXyDknDN3Ee/s6.jpg)

# *What makes Grn Grid the best?*
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
Because [GRNPay](https://grngrid.com/) makes use of the Grid's communication infrastructure, payment requests can be routed and authorized in real-time throughout the entire Grid network. As a result of the use of the Grid's communication infrastructure, payment requests can be routed and authorized throughout the entire Grid network. As previously stated, EnScrypt messages should be sent in conjunction with payment requests whenever possible in order to ensure that payment requests are adequately safeguarded against unauthorized access and interception. Encrypted messages should be sent in conjunction with payment requests whenever possible to ensure that payment requests are adequately safeguarded against unauthorized access and interception. When a payment request is successfully completed by the wallet software, the recipient will be alerted via email as soon as possible after the payment request has been correctly fulfilled.

![s3.jpg](https://cdn.steemitimages.com/DQmQjciCrTGxeuUMVz9BXqJPsyDRPEBEUqLPkwwHy5apbGA/s3.jpg)

Through the wallet application, payment requests can be submitted quickly and efficiently, and the wallet program will immediately notify the recipient of the money's receipt after a payment has been received. The currency conversion on your behalf is required by EXNode in order to ensure that payment requests are completed in the recipient's native currency when the requests are received. EXNode is responsible for doing the currency conversion on your behalf. If the payout request specifies the currency of the payout request during the request process, the payout will be provided in a currency that is completely different from the currency with which the request was initially launched, and the payout will be provided in a currency that is completely different from the currency with which the request was initially launched. It is now feasible to use GRNPay as an escrow service between two or more businesses in order to take benefit of the platform's capabilities, which was before unthinkable. 
# *Final Statement*
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
As long as developers adhere to the permissionless, distributed, and open-source approach that supports all of the services and Grid validator nodes, they are free to build applications on top of any of the services or Grid validator nodes that they choose. In practice, this means that it is no longer essential to get prior authorization from the system administrator before engaging in any action. Through the use of particular security pooling techniques, it is possible to transmit substantial protocol modifications to the chosen receiver in a timely and efficient manner (more participants than normal pools). The job of reviewing and approving requests for protocol amendments that fall within their respective areas of competence has been delegated to a single individual or group of individuals from each of these specialized pools. 

![13.jpg](https://cdn.steemitimages.com/DQmPoZ4N41yLh9HN78ZacaQs4fcNUYhcFaGxoz6eh8Avdnj/13.jpg)

Each member of the special pool receives money in exchange for voting, as well as a penalty if he or she does not vote by a specific date. It should be noted that the consensus technique used for these specific pools is virtually identical to the procedure used for the general consensus mechanism. Because the [GRN Grid](https://grngrid.com/) is being deployed in tandem with the GRN Wallet, the general public will have quicker access to the Grid smart chain as a result of this partnership (Blockchain, carbon neutrality, and financial growth).


![Zskj9C56UonWToSX8tGXNY8jeXKSedJ2aRhGRj6HDecqreox4pSwZnTQUhK7S67NMt2ZeuepHyBQxDw5QoGXQAafACQsh1W3wQWuiPBRijDW3UZVbjfL.png](https://cdn.steemitimages.com/DQmRSdwMzQMK1G8MboDpCE4LPbimRPAmJKnPfsvF3J8Vo7e/Zskj9C56UonWToSX8tGXNY8jeXKSedJ2aRhGRj6HDecqreox4pSwZnTQUhK7S67NMt2ZeuepHyBQxDw5QoGXQAafACQsh1W3wQWuiPBRijDW3UZVbjfL.png)

## Visite for More Information:
Web link: https://grngrid.com
Tеlеgrаm: https://t.me/grncommunity
Twitter Page URL:  https://twitter.com/grngrid
Discord : https://discord.gg/bDPK9Vf24R

![8SzwQc8j2KJZWBXFXnbnQ1FtoZhRqrTWozhqoqWHpGmpmnGcyActjSCpmp6dFbRmqPD9qThnPZhuhr3F3P5VczLz8KveEgpQzMXMp4BxkeemDDYfpVL.png](https://cdn.steemitimages.com/DQmSt8CQJss8prxHzAVSBM8j6bsUNjWZbQ5LCJQWJsK9pxz/8SzwQc8j2KJZWBXFXnbnQ1FtoZhRqrTWozhqoqWHpGmpmnGcyActjSCpmp6dFbRmqPD9qThnPZhuhr3F3P5VczLz8KveEgpQzMXMp4BxkeemDDYfpVL.png)

## #Author:
Forum username: Tappertit
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2111436;sa=summary
TG Username: @Tappertit
Forum Proof Of Authentication: https://bitcointalk.org/index.php?topic=5390302.msg59763514#msg59763514
Ethereum Wallet Address: 0xAF655128e47bf55140493EA9AdbC4354A34745a2
· @cryptovijay ·
$0.03
Escrow API - Payments for your website, mobile app or marketplace!
# Escrow API
Payments for your website, mobile app or marketplace!

---
## Screenshots
<center><img alt="Escrow API.png" src="https://s3-us-west-2.amazonaws.com/steemhunt/production/steemhunt/2021-12-29/a0b2ea73-Escrow API.png"/></center>





---
## Hunter's comment
Receive payments on your website, mobile app or marketplace without any hidden fees

Escrow API is a leading API developed by escrow.com after getting huge success in Escrow Pay.

---
## Link
https://www.escrow.com/api

---
<center><br/>![Steemhunt.com](https://i.imgur.com/jB2axnW.png)<br/>
This is posted on Steemhunt - A place where you can dig products and earn STEEM.
[View on Steemhunt.com](https://steemhunt.com/@cryptovijay/escrow-api-payments-for-your-website-mobile-app-or-marketplace)
</center>
👍  
· @o9c4com ·
Middleman Services (Escrow, Guarantor)
<html>
<p>#O9C4COM | WORLD GROUPS COMMUNITY has launched a <a href="https://www.o9c4.com/midlemanservicesescrowguarantor.html/">Middleman Services</a>. The commission fee will be converted into + COMMUNITY REPUTATION to the transaction participants profiles. These solutions are designed to improve the reliability of the entire ecosystem.<img src="https://content.foto.my.mail.ru/o9c4.ru/konon/_mypagephoto/h-98.jpg"/>#globaltrade</p>
</html>
· @candy49 ·
$0.89
BitBargain - Marketplace to connect buyers and sellers of BTC and LTC
# BitBargain
Marketplace to connect buyers and sellers of BTC and LTC

---
## Screenshots
<center><img alt="bitbargain.jpg" src="https://s3-us-west-2.amazonaws.com/steemhunt/production/steemhunt/2020-10-12/637a47bf-bitbargain.jpg"/></center>





---
## Hunter's comment
This is a safer place to buy coins than localbitcoins in the UK, because BitBargain vets sellers to make sure they won't take your money but not give you any coins - the chances of getting scammed are low.

Bitbargain act as the escrow, holding both fiat and bitcoins and releasing them when both the buyer and seller have transferred them into escrow. 

The buyer doesn't pay any fees, the seller pays for the listing.  

There are various methods of buying coins - they accept direct deposit, faster payment, credit and debit cards

They require both buyers and sellers to verify their identity to complay with money laundering rules.

---
## Link
https://bitbargain.co.uk/

---
<center><br/>![Steemhunt.com](https://i.imgur.com/jB2axnW.png)<br/>
This is posted on Steemhunt - A place where you can dig products and earn STEEM.
[View on Steemhunt.com](https://steemhunt.com/@candy49/bitbargain-marketplace-to-connect-buyers-and-sellers-of-btc-and-ltc)
</center>
👍  , , , , , , , , , ,
2 replies
· @bitcoinexchange · (edited)
Kick-Start Your Bitcoin Exchange Business With Escrow Script
![Kick-Start Bitcoin Exchange Business With Escrow Script.png](https://cdn.steemitimages.com/DQmUhVVQAmze26RWYq1E5yiiUeKBPEQGL4rjp9q87vQiu1f/Kick-Start%20Bitcoin%20Exchange%20Business%20With%20Escrow%20Script.png)


Bitcoin exchange business is a great online business that one should kickstart for making more money in a short period. Currently, many digital transactions are happening every day per second. After the introduction of reliable cryptocurrency into the industry such as bitcoin, ethereum, ripple, and more. Suddenly there is an uncountable number of transactions done by the investors. 

So, when we talk about the transactions, definitely there will be an intermediate involved. That intermediate acts as an Escrow system. Also, it acts as a security system in a decentralized crypto exchange platform. An escrow script actually means a bond of trust between buyers and sellers by acting as intermediate. In this blog, you will have a clear perception of Escrow script and its advantages in the crypto exchange.

<b>“Escrow script” what is that?</b>

An Escrow is actually a financial arrangement. here an intermediate or third party holds and regulates the payment of funds required for the transaction. So this helps to make the crypto or any other transactions more secure by keeping the payment funds in a secure escrow account. For instance, bitcoin is a virtual digital currency, it is very important to handle it safely and with some cautions. Trading of bitcoin often takes place between strangers. So, In such crypto exchange platform escrow systems serves as a mediator and safeguards the transaction in all possible way

Escrow systems are useful in some transactions where a big amount of money is involved. Also, a certain number of terms and conditions need to be completely satisfied before the release of payment. This escrow script makes sure that there is no fault in transactions. The purchaser who is involved in the transaction deposits an amount of money in the escrow system. Also, demands the system to complete the transaction in the negotiated time. Then the seller has the notification of the deal. Also, the period of the transaction needs to be completed. Thus, the seller has the full responsibility for completing the escrow service within that negotiated time. During that transaction period, the intermediate out there will be fully responsible for the security of the money.

Now, let us look at

<b>Why it is Important to use Escrow script in your Bitcoin Exchange Business</b>

Some essential points to consider for using escrow script in your crypto exchange business.

 In escrow script, Contracts come with large transaction values. such as home, vehicles, or more.
The buyer needs to confirm the quality of work before the transaction.
 Moreover, Escrow services can be used for various purposes. Such as Leasing, Personal Property, Purchasing business property, and much more.
 Every Escrow account will be different and unique from other escrow accounts. It is due to the terms and conditions of purchase that differ from others.
 It is completely a decentralized version
 A decentralized escrow script refers to the escrow operations that cannot be controlled by any individual. This service includes transparent transactions, so transactions are visible to anyone.

So by considering these important points, you can use a powerful<a href="https://www.coinsclone.com/blog/bitcoin-escrow-script-kick-off-your-business-to-gather-in-a-copious-amount-of-dividends/"> bitcoin escrow script</a> to start your bitcoin exchange business.

<b>Workings of Escrow Script</b>

Escrow script is launched with the motto of reducing the risks associated with the transactions by acting as a mediator. It actually holds and payouts the funds only when the buyer and seller are completely satisfied. Escrow script involves some process to perform high-end secured transactions in the crypto exchange.
 
Buyers & Sellers agree to terms.
Buyers pay Escrow.
Seller sends merchandise to buyers 
Buyers accept merchandise
Escrow pays the seller.

<b>Benefits of Integrating Escrow Script in your Cryptocurrency Exchange</b>

 It is regardless of services, goods, websites, services, and domain names
 Moreover, Escrow service provides high-end security to all buyers and sellers equally.
 The escrow system makes sure that funds sent by the buyers are kept in the safe ledger.
 The escrow system is a more safe and secure system than a regular banking escrow.
 An escrow service script in the crypto exchange is completely designed in a structured way of paying taxes. Also, for paying insurance in installments rather than once or twice a year.
 When it comes to purchasers, the Escrow system keeps track of merchandise until the funds are delivered. The seller will not pay until it is completely verified and accepted.
 The escrow system confirms with the notification when the buyer receives the money. The seller is allowed to send the crypto-only after the system verifies it.

<b>Where you can buy an Escrow script for your Bitcoin Exchange Business</b>

There are lots and lots of escrow script providers in the marketplace. But only a few offer a trusted and secured escrow script with all customizations. Such a trusted provider in the marketplace is a coinsclone. Coinsclone is one of the trusted and genuine cryptocurrency exchange software providers, they excel in offering all kinds of crypto solutions with the top-notch outcomes. They also provide an ideal <a href="https://www.coinsclone.com/whitelabel-crypto-exchange">white label crypto exchange software </a> with all the desirable features. Also, you can customize according to your business needs. By using their software you can start an escrow system enabled bitcoin exchange business instantly at a reasonable cost.
· @chesatochi ·
$2.48
CC101 - Discover Yearn.finance - A DeFi Aggregator
https://youtu.be/VZORbGGYty0

#yearn.finance #defi #crypto #ethereum

Yearn.finance is a DAPP that helps you to generate a profit in the DeFi trend. Take the time to do your own research prior to using it because is only a smart contract behind it.

**Yearn.finance**: https://yearn.finance/

●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
**Crypto TIP ME & My Social Networks**: https://cointr.ee/chesatochi
**Crypto resources page**: https://chesatochi.com/resources/
**Chesatochi Newsletter**: https://chesatochi.substack.com/ 
**Website**: https://chesatochi.com
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
**PS: I am not a financial adviser, and you need to do your own research.**
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
👍  , , , , , , , , , , and 19 others
· @sharifdiab ·
Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value
Ripple, a leading crypto-payments firm recently unlocked 1 billion in XRP valued at over $280 million from an escrow account—increasing liquidity in the Ripple network.


![54597C4CA617DC49CFC1A505A9A7C7C4E98E4F7FF309D19FCF77C338A92E20EF.jpg](https://cdn.steemitimages.com/DQmPRENJyD2HPfxgVnqBVhYpoR3eNKFq1pei1bKb1rpbJJk/54597C4CA617DC49CFC1A505A9A7C7C4E98E4F7FF309D19FCF77C338A92E20EF.jpg)

Ripple, whose XRP token is the fourth most valuable cryptocurrency by market cap has just created more liquidity in Ripplenet by unlocking 1 billion XRP tokens. Meanwhile, Ripple Labs CEO Brad Garlinghouse believes the US dollars continued debasement will see an increase in the XRP price and the overall crypto market.

XRP Liquidity

According to crypto tracker, Whale Alert, Ripple unlocked its escrow account in two transactions unlocking 500 million XRP each time. The slow-release is part of the Ripple labs strategy that began in 2017 when the company decided it would not sell all its XRP tokens at once, but would lock up over 50 billion XRP in a protected account.

Ripple’s strategy involves releasing 1 billion XRP every month to be sold to facilitate funding for its development and payments platform maintenance and to invest in promising startups. The slow-release of tokens allows investors more access to XRP.

Ripple (XRP) operates as both a cross-border payments platform and as a means of transaction. Ripplenet recently came under some scrutiny when it was revealed that one its major banking partners, Santander would not be leveraging XRP as part of its own payments network due to low adoption.

Heavy XRP Trading as USD is Debased

As August came to a close, Ripple’s token XRP was heavily traded as XRPL Monitor reported that 20 million XRP tokens were moved by a whale account, with Coinbase receiving half of the transaction amount.

The strength of the US Dollar has also come under question as the Federal Reserve has continued to hold near-zero interest rates for the time being. Despite the announcement by the Fed that they will soon let interest rates flexibly rise, the continued push for negative interest rates have the potential to continue to spur investment shift towards better yielding assets and cryptocurrencies such as XRP could be a beneficiary of this factor.

Responding to an article in The Wall Street Journal on the Federal Reserves approved a new strategy of pre-emptively lifting interest rates to head off inflation, Ripple Labs CEO Brad Garlinghouse said in a Tweet:

    The pandemic is throwing so many playbooks out the window... yesterday's action flies in the face of decades of precedent. Signs point to further dollar debasement in the near term (leading to further diversification of assets which will certainly be good for crypto).

The XRP token price sits at 0.29 at the time of writing according to data from CoinGecko. 

Image source: Shutterstock
· @coreychambers ·
Lofts in Escrow
REAL ESTATE NEWS


![1111-s-grand-ave-1004-j.jpg](https://cdn.steemitimages.com/DQmTo1VuxBXc3euz4bfKRA7Q3mCKhFeozpxyL3DqHxiqxex/1111-s-grand-ave-1004-j.jpg)


To really understand what’s happening with L.A.’s real estate market, we need to see what people are handing over their hard-earned money for, what is actually selling, and what has just sold. What are the coolest lofts and condos being bought and sold in Los Angeles right now? Here’s the list of this week’s pending sales, along with other properties that are active under contract at this very moment: #lofts #inescrow

1
416 S SPRING ST #610LOS ANGELES, CA 90013
LP: $425,000DOM: 371Beds Baths  1.00(1F 0T 0H 0Q)780/VNSq Ft$544.87$/Sq FtLot Size: 10,334/VNYear Built: 1914Area: 42 
HOA Fee 1&2: $720.00 (Monthly)  MLS #: 20-564928
Pending

2
645 W 9th ST #221LOS ANGELES, CA 90015
Listing Photo
LP: $430,000DOM: 281Beds Baths  1.00(1F 0T 0H 0Q)672Sq Ft$639.88$/Sq FtLot Size: 74,720Year Built: 2006Area: 42 
HOA Fee 1&2: $693.00 (Monthly)  MLS #: AR20117804MR
Pending

3
939 S BROADWAY #303LOS ANGELES, CA 90015
Listing Photo
LP: $499,000DOM: 721Beds Baths  1.00(1F 0T 0H 0Q)673/DVSq Ft$741.46$/Sq FtLot Size: 15,876/ASYear Built: 1924Area: 42 
HOA Fee 1&2: $412.54 (Monthly)  MLS #: 19-461040
Pending

More at https://www.laloftblog.com/2020/08/12/lofts-in-escrow/





Find out what the home down the street sold for
Get a free list of recently sold lofts, condos and houses in Los Angeles or any area. #sold Fill out the online form:


LOFT & CONDO LISTINGS DOWNTOWN LA [MAP] 

  Lofts For Sale      Map Homes For Sale Los Angeles 

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury 
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking


![416-s-spring-st-610-j.jpg](https://cdn.steemitimages.com/DQmP6dw1iUE4sxRkrkPoosnyr6U2xeHi7BYwJnGEpDRv5XX/416-s-spring-st-610-j.jpg)


Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE 01889449 We are not associated with the homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
👍  
· @ampere ·
$0.04
What you get if you use the LargoCoin Platform
Knowing fully well that the fundamental objective of the Largocoin project is to offer a huge-scale ecosystem that provides protection, balance and simplicity of use in changing marketplace conditions, presenting pace and comfort to investors and supporter; there is a core reason to understand the functionalities that surrounds the platform. 

![1080x360 (1).jpg](https://cdn.steemitimages.com/DQmP1m6XXJ7M2LPGvza8gnb1dCKhcF2xMPj2xsNJbTLbFX4/1080x360%20(1).jpg)

**UNIQUE BENEFITS OF LARGO COIN**

* **Pееr-tо-рееr рауmеntѕ:** Onе оf thе ѕіmрlеѕt саѕеѕ іn thе rеаl wоrld fоr LRG Cоіn іѕ рауmеntѕ bеtwееn іndіvіduаlѕ. Sіnсе а lаrgе роrtіоn оf tоdау’ѕ соmmеrсе іѕ hеld bеtwееn іndіvіduаlѕ аlmоѕt wіthоut аnу іntеrmеdіаrіеѕ vіа wеbѕіtеѕ lіkе сrаіgѕlіѕt оr E-Bау thеrе іѕ а nееd fоr а сhеар аnd ѕесurе рауmеnt tооl. 

LRG іѕ ѕuсh tооl аnd it саn bе uѕеd wоrldwіdе bу іndіvіduаlѕ whеrеvеr thеrе іѕ аn іntеrnеt соnnесtіоn. Thе ѕіmрlісіtу оf LRG іntеrfасеѕ, ѕuсh аѕ LRG Wаllеt mаkеѕ іt еvеn mоrе рrоmіѕіng fоr thіѕ uѕе-саѕе.

* **E-соmmеrсе:** Each уеаr in thе раѕt dесаdе dеmоnѕtrаtеd а соntіnuоuѕ grоwth оf оnlіnе e-соmmеrсе рlаtfоrmѕ аnd ѕtоrеѕ; mоrе аnd mоrе buѕіnеѕѕеѕ mеrgе wіth Intеrnеt trаdіng. Sоmе оf thе mаіn hаndісарѕ thаt роѕѕеѕѕ rіѕkѕ fоr bоth buуеrѕ аnd ѕеllеrѕ оnlіnе аrе quіtе соmmоn іѕѕuеѕ оf сhаrgе-bасk оr dоublе-ѕреndіng — іѕѕuеѕ thаt the blосkсhаіn ѕоlvеѕ duе tо іtѕ ѕресіfіс dеѕіgn. 

Nоw, uѕеrѕ аnd е-соmmеrсе соmраnіеѕ саn mіtіgаtе ѕuсh thrеаtѕ, whісh іn іtѕ turn іnсrеаѕеѕ рrосеѕѕіng еffесtіvеnеѕѕ, сuѕtоmеr lоуаltу аnd rеduсеѕ еxреnѕеѕ fоr аll thе раrtіеѕ іnvоlvеd.

![4i88GgaV8qiFU89taP2MgKXzwntUGAvkoQiKU7VxyD37q9Yws6DAD36p9Npe9oj8Xr34mqkT1GksTRtGYYdotovT6JGrG5fKVAF6L7KThYuP1zh1wkHHMKG6SJ.png](https://cdn.steemitimages.com/DQmdybJ6EsBVnxEwix7zKKouePQ9W1a58rvenmEPPEJG4kv/4i88GgaV8qiFU89taP2MgKXzwntUGAvkoQiKU7VxyD37q9Yws6DAD36p9Npe9oj8Xr34mqkT1GksTRtGYYdotovT6JGrG5fKVAF6L7KThYuP1zh1wkHHMKG6SJ.png)

* **Ease of Payment to support Government & Business:** Anоthеr uѕе саѕе fоr LRG Cоіn іѕ thе рауmеnt оf ѕаlаrіеѕ tо thе еmрlоуееѕ оf аnу buѕіnеѕѕ. LRG Cоіn іѕ vеrу соnvеnіеnt fоr ассоuntіng dераrtmеntѕ оf аnу соmраnу bесаuѕе оf іtѕ ѕіmрlісіtу аnd іѕ bеnеfісіаl fоr thе buѕіnеѕѕ оvеrаll bесаuѕе оf thе vеrу lоw соѕtѕ оf trаnѕасtіоnѕ. 

Sіnсе ѕаlаrіеѕ аrе а rеgulаr thіng thе рrосеѕѕіng соѕtѕ lіnkеd tо thіѕ асtіvіtу аrе сurrеntlу tаkіng а hеаvу tоll оn thе соmраnіеѕ’ bаlаnсе ѕhееtѕ wоrldwіdе. Bесаuѕе оf thеѕе rеаѕоnѕ LRG Cоіn іѕ аn іdеаl ѕоlutіоn fоr ѕuсh асtіvіtіеѕ through its payment platform, **LRG COIN & LRG WALLET.**

* **Aсquіrіng аnd рауmеnt рrосеѕѕіng:** Unlіkе trаdіtіоnаl асquіrіng аnd рrосеѕѕіng ѕуѕtеmѕ оr mоѕt соmmоn blосkсhаіn ѕоlutіоnѕ, ѕuсh аѕ Ethеrеum оr Bіtсоіn, Lаrgо Cоіn рrоmіѕеѕ hіghеr рrісе еffісіеnсу duе tо іtѕ lоw trаnѕасtіоnаl fееѕ. 

LRG аrсhіtесturе соmbіnеѕ а Prооf-оf-Stаkе рrоtосоl wіth а Mаѕtеrnоdе-bаѕеd dеѕіgn whісh dоеѕ nоt rеquіrе hіgh соmрutіng сарасіtіеѕ tо рrосеѕѕ аnd vаlіdаtе а trаnѕасtіоn. Mоrеоvеr, ѕuсh а ѕуѕtеm еnаblеѕ аlmоѕt іmmеdіаtе ѕеttlіng оf саѕh trаnѕfеrѕ.
 
![TZjG7hXReeVoAvXt2X6pMxYAb3q65xMju8wryWxKrsghkMB5AnqGj4i6hU4M76yrpVwtW8t8WXcTcyp4piMwoBU5pZK9WqsonjudMoSHZnnKpwCiBZDipv792tFP1LEkL5SaFHWS48VAy4.jpg](https://cdn.steemitimages.com/DQmXvrvNSwmNcFhF5AaFXME5JFw4sjumPZaSaHFyWBu6fX9/TZjG7hXReeVoAvXt2X6pMxYAb3q65xMju8wryWxKrsghkMB5AnqGj4i6hU4M76yrpVwtW8t8WXcTcyp4piMwoBU5pZK9WqsonjudMoSHZnnKpwCiBZDipv792tFP1LEkL5SaFHWS48VAy4.jpg)

What's more? **LargoCoin** is responsible for checking the legibility of the brand or organization that registers on the platform earlier before conducting any transaction to ensure safety and maintain trust between users. 

**Get Yourself a LargoCoin Wallet**

With the LargoCoin wallet, you are able to send out and receive Largo Coins easily without any stress. The Largo coin is different segments; it could be downloaded through the following ways: 

* **For Laptops or PC:** There is the Windows version, MacOS version depending on the Operating software your laptop or pc works with.

* **For phones:** There is the Largocoin app on the Google playstore for Android, the apple store for IOS devices

* **WEB Version:** This is easily accessible; all you have to do is click 
 
![Screenshot (194).png](https://cdn.steemitimages.com/DQmNSGbCd6TdbapYYGUETPz3Y3PC2zC3Btzt8tn5AjzXauP/Screenshot%20(194).png)

To rather conclude, I will implore my readers to remember that the LargoCoin platform aims to leverage blockchain technology for business deals, insurance and escrow. For further information, the links below come in handy;

Website: https://largocoin.io/
Whitepaper: https://largocoin.io/wp-content/uploads/2019/06/WP-v4-converted.pdf
Youtube: https://largocoin.io/wp-content/uploads/Largo_Coin_en1.mp4
Facebook: https://www.facebook.com/LargoCoinPublic
Twitter: https://twitter.com/largocoin
ANN: https://bitcointalk.org/index.php?topic=5200762
Telegram: https://t.me/largocoin_chat
Medium: https://t.me/largocoin_chat

___________
___________
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Author: Ampere
https://bitcointalk.org/index.php?action=profile;u=111907
👍  ,
· @umuoji ·
LARGO COIN AND ESCROW SERVICE
![Uploading image #1...]()

![JvFFVmatwWHRfvmtd53nmEJ94xpKydwmbSC5H5svBACH7yN1mqvhqquhmN2vsjsdp7X4UeSPpPxfVthGXxMaxpLsk3btFyDYyKxonpEemWsi9mEopPFref1Bntp2TgaAQMzwBZ6JTQ.jpeg](https://cdn.steemitimages.com/DQmTJuS7bN8U2iDiZCo2S9PVnL2e6f1HcjBLj5Y187M8TxU/JvFFVmatwWHRfvmtd53nmEJ94xpKydwmbSC5H5svBACH7yN1mqvhqquhmN2vsjsdp7X4UeSPpPxfVthGXxMaxpLsk3btFyDYyKxonpEemWsi9mEopPFref1Bntp2TgaAQMzwBZ6JTQ.jpeg)


The largo platform has been designed to ensure that every exchange is carried out with the most extreme care. This has been authenticated with the assignment of a validator to every escrow service registered on the platform. The validator has the responsibility of revising the terms of the contract to ensure that the two players have fulfilled their commitments as defined in the contract, before funds are released to the deserving party. 

LARGO COIN AND ESCROW SERVICES 

The largo platform stands apart as the most revered platform for the provision of escrow services to ensure that transactions are conducted safely and timely, protecting the interest of the two players and ensuring that the terms of the contract are adhered to. This would translate to greater fulfillment on the way of both the buyer and the seller. Irrespective of the value or volume involved in the exchange, the largo platform has an efficient system that guarantees that the exchange can be conducted seamlessly. 

**HOW THE ESCROW WORKS**

The two players involved in the transaction are expected to decide and set up an agreement before a greeting is made for the escrow provider. 

The buyer pays for the escrow service alongside the initial cost  for the exchange. This is to be transferred to the Largo Platform and the Escrow provider would inform the seller when the payment has been confirmed. 

After the fund has been secured and the affirmation has been made by the Escrow provider, the seller is expected to satisfy their piece of the commitments as indicated by the registered agreement by sending goods or offering types of assistance to the buyer. The seller is regularly required to provide tracking information to the buyer to monitor the state of delivery or shipment of goods. 

The buyer accepts the services or goods provided or sent by the seller, inspects, and verifies the nature of goods or services complies with the underlying agreement. 

Once the buyer has accepted the goods or services the escrow provider further processes the payment exchange to the seller; in case the buyer refuses to accept the goods or services, the transaction is frozen in the escrow account and may be released once the buyer and seller settle their differences as per their underlying agreement.

Largo Coin wallet has its own dedicated wallet that is very easy to use .It is a suitable medium of exchange because of its high transaction speed , low exchange charges , less volatility and high liquidity cryptocurrency.Majority of the commercial exchange these days are done without intermediaries. Executing with LRG Coin will remove needs of third party an enable effective payment system .LRG network has a user friendly wallets where anyone can receive and send money to anyone irrespective of where there are located on the planet. 


![2FFvzA2zeqoVJ2SVhDmmumdPfnVEcahMce9nMwwksSDdRvSr1LrmBUYYEe8Y5d2ec2wu6Y5P8ZRxodkpcQGGmYVYQccYQZ5LEHa9a5F6YgWNRtQrPY19X8WvthLQv.png](https://cdn.steemitimages.com/DQmUHjCj7Js9WowRCpif54rztdspqGNo3w7Uk7GnehVywcm/2FFvzA2zeqoVJ2SVhDmmumdPfnVEcahMce9nMwwksSDdRvSr1LrmBUYYEe8Y5d2ec2wu6Y5P8ZRxodkpcQGGmYVYQccYQZ5LEHa9a5F6YgWNRtQrPY19X8WvthLQv.png)


E-COMMERCE : LargoCoin network support E-commerce , businesses operating online can implements LargoCOin platform to direct their e-commerce activities. Security and efficiency is guaranteed by the platform. 

BUSINESS INFRASTRUCTURE : LRG Coin can be used seamlessly in different commercial activities. It tends to be used in paying workers wages and salaries . It tends to be used for different commercial purpose since it has higher liquidity and security. The development of Largo coin too depends on the supply and demand of the coin , hence the coin appreciates based on the forces of demand and supply. 

EFFECTIVE PAYMENT INSTRUMENTS : In terms of stability , LargoCoin have less volatility .LRG network is very efficient and higly scalable blockchain network . it implements Proof of Stake Consensus Mechanism and MasterNode hence preventing it from insecurity and requiring high registering capacities and energy unlike Ethereum and Bitcoin network .Transaction processing is instantaneous and the cost is very cheap . The network is built for business and global adoption


![pBMyo3B2Sao2EbuHAFTX1CNWMbam25xJGPs4sKmLS6XL7pUnBu5WdkuDbWUfjGMY7SFL5oaareyo8efZyeHgi7d8EvXqV5E1DmfCb8XKKTCWaDrQmcCC7uLEWZzAoUhXzPMsV4wMs7RuUshRiaf9zBycxLmS4vV8RHYqWAYQenTG6ESr.jpeg](https://cdn.steemitimages.com/DQmbFkDxygcTqNEaqDmxiQE8vR9r8qBm8xZxkYfVP8APRqD/pBMyo3B2Sao2EbuHAFTX1CNWMbam25xJGPs4sKmLS6XL7pUnBu5WdkuDbWUfjGMY7SFL5oaareyo8efZyeHgi7d8EvXqV5E1DmfCb8XKKTCWaDrQmcCC7uLEWZzAoUhXzPMsV4wMs7RuUshRiaf9zBycxLmS4vV8RHYqWAYQenTG6ESr.jpeg)


**USEFUL LINKS**

Website: https://largocoin.io/
Whitepaper: https://largocoin.io/wp-content/uploads/2019/06/WP-v4-converted.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5200762
Telegram: https://t.me/largocoin_chat
Twitter: https://twitter.com/largocoin
Facebook: https://www.facebook.com/LargoCoinPublic
Medium: https://medium.com/@largocoin
Reddit: https://www.reddit.com/r/largocoin/

Written by: Getready2020
Bitcointalk profile URL : https://bitcointalk.org/index.php?action=profile;u=2826274
👍  , , ,
· @emmanuel002 ·
LARGO COIN – BRINGING EFFICIENCY TO ESCROW SERVICES
![largo 5.png](https://cdn.steemitimages.com/DQmRobKekfPPtNcL5jWBvgAaELoRdtFaH5Fv9DUdrWsQXTo/largo%205.png)

An Escrow can be said to be a financial arrangement where a third party holds and regulates payment of funds required for two parties involved in a transaction. The parties have to set out the agreement or procedure to be followed and the escrow provider would only release funds to the receiving party where there is no breach of contract and after verification or confirmation have been given by the paying party. 

Largo coin is a decentralized financial instrument that serves as a legal tender for the Largo Platform in order words, the largo coin serves as the ultimate tool to use for providing and obtaining escrow services to ensure the safety of buyers and seller’s interactions within the Largo Coin Ecosystem.

![larg.jpg](https://cdn.steemitimages.com/DQmPTEfoUdijRsCwfvSy66iKvrDQMz21F3bYnUWcebjhse5/larg.jpg)

HOW DOES THE ESCROW WORK?
Escrow are very useful in the case of a transaction where a large amount of money is involved and a certain number of obligations needs to be fulfilled before a payment is released. Escrow is also very much necessary when transactions are carried out in a location where trust is lacking between the transacting parties and when the buyer and seller process trans-border transactions.

To use the escrow services provided by Largo Platform, buyers need to register in the Platform and provide the necessary information as required by the platform. The buyer is expected to purchase a certain amount of LRG coins on open exchanges which are required to serve as the initial cost for the transaction and also a commission of 15% which is the service charge for the platform. The initial cost is frozen on the platform until the terms of the agreement are fulfilled by the seller.

The largo platform has a committee of assigned validators who oversee the escrow and the seller would be notified ones the necessary amount is credited to the registered account on the platform. The seller is expected to fulfill his part of the obligation and this would be carefully monitored by the validator as the platform has an inbuilt infrastructure that ensures transparency and follows a step by step procedure to monitor the process efficiently.

In a situation where the seller is not following the terms of the agreement, the committee of the assigned validator would carefully look into the issue and proffer a solution to ensure that the interest of the buyer is protected. The buyer has little or nothing to worry about because the platform also insure the buyer from any eventuality which may result in the loss of funds. The LRG coins which were frozen could be unfrozen for the buyer to reduce or eliminate his loss in the event that the seller does not meet up to his obligation. 


![largo 1.png](https://cdn.steemitimages.com/DQmRM6k25CpPpFCBkrFuxM3y9fvH1cMu8jEGPHfGkpnjyyC/largo%201.png)


IMPORTANCE OF THE LARGO PLATFORM
1. Largo Platform bridges the gap in a trust dependent market and ensures that transactions are carried out even when trust is lacking between both parties. 
2. Using LRG as the means of transfer would allow us to minimize cost and maximize the speed of transactions; every deal will be registered within the platform which will make it transparent for every party involved.
3. Applying for an escrow service on the Largo Platform will eliminate the dangers of dealing in a low trust environment, especially when the buyer and seller process trans-border transactions.
4. Largo will provide the functionality necessary to verify the assets of transactions, monitor validity and compliance with registered agreements and hold tracking and shipment information and details within one easy-to-use interface.

LARGO COIN SPECIFICATION

![largo 3.png](https://cdn.steemitimages.com/DQmTPbYUjgUPHdJ5J1sTyYwMLhZiV1gnjqsnLfE3D9rPPcy/largo%203.png)


CONCLUSION
The largo platform is a one-stop-shop for both escrow and insurance services. The platform does not only guarantee a seamless transaction between the transacting parties but also gives the assurance that losses would not be recorded as the buyer can regain access to the funds and sell across several cryptocurrency exchanges.

PROJECT INFORMATION
WEBSITE - https://web.largocoin.io
ANN THREAD - https://bitcointalk.org/index.php?topic=5200762
TWITTER - https://twitter.com/largocoin
FACEBOOK - https://www.facebook.com/LargoCoinPublic
MEDIUM - https://medium.com/@largocoin
REDDIT - https://www.reddit.com/r/largocoin/
TELEGRAM - https://t.me/largocoin_chat

AUTHOR’S INFORMATION
BTT USERNAME - Henrytrust
BTT PROFILE LINK - https://bitcointalk.org/index.php?action=profile;u=2642094
WALLET ADDRESS - DKnqzMfWz33i7p76NFWc2Xk2okUKzzsQVA
· @edicted ·
$3.41
"This is bullshit!": Escrow Smart-Contract Testing
<center>![t1.png](https://files.peakd.com/file/peakd-hive/edicted/lTjM9ysy-t1.png)
</center>


I've been talking about the value of escrow smart-contracts for quite some time now so I figured it was FINALLY time to start testing them out.  I think using these smart contracts I can set up a pseudo-DEX that allows us to easily trade Hive and Steem back and forth, and even connect Graphene-based coins to other networks like Bitcoin without the need of a regulated centralized authority. 

<div class="pull-right">https://files.peakd.com/file/peakd-hive/edicted/uCkIN7ds-t2.png
   </div>

Instead of using a regulated centralized authority like Binance, Coinbase, or Bittrex we can simply use any "agent" account.  An agent is simply an account that approves the escrow operation to move forward.  It could be a friend you know personally on Hive/Steem.  It could be someone that has a reputation for being trustworthy.  It could be anyone.  

I want to use these same contracts to not only implement this pseudo-DEX for under-the-table trades, but also for all of my gambling dapp ideas.  The most basic one will simply be flipping a coin and seeing who wins.  The next idea would be my rock/paper/scissors clone called @Pentaskill.  There really is no limit to the kinds of speculative transactions one can make with these contracts, and no one seems to be using them, which I find quite odd, as there is a built in mechanic to monetize the trust using escrow agent fees. 

-----------







https://files.peakd.com/file/peakd-hive/edicted/7QCrEnnb-bang-head-programming-grind.gif

In any case, I tried to get this started by doing the first transaction of an escrow contract, which is the [EscrowTransferOperation](https://jnordberg.github.io/dsteem/interfaces/escrowtransferoperation.html).  The problem?  It doesn't work with the API that I've been practicing this whole time (dsteem).  It kept telling me I didn't have the proper "active key Authority" which means it said my private active key was wrong.  It wasn't.  I was using the same credentials to move money around, thus the dozens of 0.001 Steem transactions from @edicted to @dexturd with the memo "this is bullshit". 

My Witness team (@rishi556 & @sn0n) tried to help me out a bit, but in the end we realized that dsteem simply does not work and had to use HiveJS.  This is really annoying and very telling about just how bad the documentation and backend api are for this network.  Devs can run into stupid problems like this and literally spend hours trying to solve them when it should only take a few minutes (or in this case should have never happened to begin with).  

Now I'm in a position where I probably have to switch APIs and try to relearn a few things.  It's not that big of a deal, as a lot of the code will look quite familiar, but it is quite annoying and frustrating to be told in the documentation that something is going to work and it just doesn't and that information is nowhere to be found. 

<center>![t1.png](https://files.peakd.com/file/peakd-hive/edicted/w37snjmH-t1.png)
</center>

So I've got it working with HiveJS with a lot of help from @rishi556
       
    <script src="https://cdn.jsdelivr.net/npm/@hiveio/hive-js/dist/hive.min.js"></script>

### Figured out a few things about escrow. 
To start, the second you broadcast the operation your account loses the money and it gets sent to a temporary account in no-man's-land.  No worries, the witnesses won't lose your money.  

* Both the <code>to</code> account and the <code>escrow</code> account must <code>EscrowApproveOperation</code> before the <code>ratification_deadline</code>.  Should that deadline pass everything gets canceled and you get the money back. 
* <code>escrow_id</code> must be a unique number and can not be used twice, but once your active escrow completes or otherwise becomes inactive, you can use the same escrow_id again. 
* If the escrow expires without a dispute either party can send the money to either party. 

# Conclusion
Again, it's really hard to believe that no one is really using these things.  For example, we could make a dapp that allows us to trade Hive for Bitcoin under-the-table.  Simply tell someone to send Bitcoin to X address, and when they do they will receive Hive to X account, guaranteed by the escrow system.  The fee for this transaction is whatever the <code>agent</code> charges, so if we allow anyone to be an agent some people will surely provide this service for a very small fee (lots of competition) or even for free.  It also avoids all the KYC rules because literally any account can be an escrow account and it would impossible to regulate such an operation. 

It's very disappointing that I'll probably need to start learning a new API (HiveJS) but I was never under the illusion that I could use dsteem forever; it's been abandon-ware for quite a while now.  It's just annoying that such an old feature that should work, clearly doesn't and it wasted a bunch of my time.  Whatever, live and learn I guess. 
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· @edicted ·
$2.31
New dapp in the works & more on escrow
<center>![qwiklabsdevelopingapplications.png](https://files.peakd.com/file/peakd-hive/edicted/j4BNwahC-qwiklabs-developing-applications.png)
</center>

# Alright so I've started a new project...
If you're like me you're thinking:
> Maybe you should stop starting new projects and actually finish one! 

# Yeah, Trust Me...
We are on the same page. 

# However, 
This project is more of a subset for one or more of my other projects.  
The code I write on this project will certainly be used more than once. 

# Modular code is the best code. 
So what's the project, you ask? 

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## Well, I've already technically mentioned it. 

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Using the [escrow smart contracts](https://peakd.com/escrow/@edicted/hive-goldmine-looking-at-escrow-services) provided in hardfork 14, I intend to create the most basic peer-to-peer gambling game humanly possible. 

## Flipping a coin and betting on the outcome.

<center>![t1.png](https://files.peakd.com/file/peakd-hive/edicted/ECIDley0-t1.png)
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### Here is some testing I'm doing to see how it works. 
What we are seeing here are blocks being imported and the witness signatures logged in the console.  Under the witness signature I've isolated the last hex digit (shill: vote @hextech witness).  Under that I've created an array that adds +1 to the position that got "rolled" by the witness signature.

<center>![d16dice.jpg](https://files.peakd.com/file/peakd-hive/edicted/9fjGsdNb-d16-dice.jpg)
</center>

# D16 Dice 
What I've essentially done here is turned the witness block signatures into D16 dice so we can use them to determine the winner in our game. I needed to test it a few times to make sure that these "D16 dice rolls" are indeed 'random'.  It looks like they are. 

* 0 was rolled 50 times.
* 1 was rolled 57 times. 
* 2 was rolled 54 times. 
* ...
* D was rolled 56 times.  (D == 14)
* F was rolled 52 times.  (F == 15)

# So far so good. 
Seems pretty random. 
Under this D16 die array we can see another much smaller array of 2. 


<center>![flipyacoin.png](https://files.peakd.com/file/peakd-hive/edicted/Fo9zIW86-flipya-coin.png)
</center>

# This is the consolidated coin flip.
* If the roll was 0-7 we get 'heads'
* If the roll was 8-F we get 'tails' 
* We can see we flipped 415 'heads' and 419 'tails'. 

#### Therefore, this method appears to be perfect for coin flips. 
Granted, it assumes that witnesses will not manipulate their signature (by modifying block info) and cheat at the game to turn a profit.  At the same time, blocks happen so quickly on Hive that creating a block and broadcasting it to the network is a race to make sure your node doesn't miss one.  There isn't a ton of time to mess around with blocks, although the time a server would need to modify the outcome is probably trivial and near instant for this kind of coin flip. 

There are also several other issues at play here as well.  If you're playing against users that you trust (or simply aren't colluding with witnesses) there is no reason why a witness would risk their reputation to mess around with block creation.  Also, if we are talking $1 bets per flip, is that really worth the risk of a witness endangering their position in the top 20 to cheat?  Probably not.  All the more reason to vote @hextech witness so we can guarantee the blocks that we create will have random signatures. 

# Shilling it up
If certain witnesses started not including transactions in their blocks for some reason and this caused certain accounts to win more coin flips than they should have, this would be evidence of corruption and reason to smear campaign the perpetrating witness.  

There's also the issue of some witnesses not really having the technical knowledge or even the ability to modify blocks in this way.  @hextech witness is currently an out-of-the-box Privex node, so this would be an example of a situation where we don't even really have the power to do such a thing. 

### Is the entire witness signature random?
Definitively, no.  It appears that all signatures begin with either '20' or '1F'.  I'll have to look more into it.  However, the witness signature is 130 hex variables long, so it would make sense if the first two numbers were static, because that would leave 128 random hash variables left, and 128 is a classic power-of-two number seen time and time again in computing (2^7).  

# That's 128 D16 dice rolls every 3 seconds!
Imagine what we could be doing with these random numbers, but just aren't!

>#### I don't trust the witnesses, are there other options?
# Indeed!
All POW coins are pumping out random numbers just like this that we could be using for D16 RNG dice rolls. The most secure one is obviously Bitcoin, but other coins like Litecoin are also very secure and produce blocks much faster than Bitcoin (x4).  There are also other POW coins I'm looking at like Dogecoin and DigiByte that crank out blocks much faster than even Litecoin.  However, the faster a POW coin creates blocks, the less expensive it is to hack the RNG. 

# Hacking the RNG of a POW coin. 
This is honestly something that I never expect to happen, but it is possible. Imagine setting up mining equipment (or renting hash power as that is much more likely) and then throwing away good blocks just to hack the RNG of a side project.  Doesn't seem very likely, does it? 

Mining a Bitcoin block is currently worth $120k.  Can you imagine throwing away $120k in the hope that you find a better block that has better RNG for the game you are playing?  It's just not going to happen! 

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# Difficulty + HashPower = Security
It's also important to note that the value of a coin also comes into play in addition to the difficulty level (average time it takes to generate a block).  A long time is more secure, but a higher coin value is also more secure. A higher coin value gives more incentive to mine, which in turn increases the hash power of the network, which in turn makes the difficulty greater.  This loop increases the security of the network and the price one would have to pay to attack it. 

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### The drawback of using POW coins for RNG on Hive. 
We would be forced to use centralized arbiters to tell us what the block information was of other chains.  This is why I've suggested that our witnesses should not only be providing price feeds for the network, but also block hash fees from popular POW networks like Bitcoin and Litecoin. 

### Why not other Bitcoin forks like BCH or BSV? 
These forks of Bitcoin use the same hashing algorithm as Bitcoin.  This makes them less secure because a big Bitcoin miner could turn their hashpower against these networks for very little cost.  They would not be able to do the same against Litecoin because Litecoin uses the Scrypt algorithm and not SHA-256.  

This is one of the reasons I'm interested in DigiByte, because they are the one POW coin I know of that uses 5 different hashing algorithms.  Plus, if there are any others, Digibyte has the highest market cap of them all making it more secure by difficulty level alone. 

<center>![IFRS3Escrowagreementonacquisition.jpg](https://files.peakd.com/file/peakd-hive/edicted/KmDygEBb-IFRS-3-Escrow-agreement-on-acquisition.jpg)
</center>

# Escrow Law. 
https://www.stimmel-law.com/en/articles/basics-law-and-practice-escrow

># Conclusion:
>The underlying purpose of an escrow is to establish a repository for monies or assets that will hold them in safe keeping until events occur as agreed upon by the parties contracting for the escrow. It often involves real estate but is not restricted to that type of transaction nor is it restricted to licensed escrow holders minus state or federal law being involved. <b>Indeed, the simplest escrow is simply asking a friend to hold the stake when two people are betting on the outcome of an event.</b>

I'm still not certain how escrow law applies to this "simplest version" where a friend holds the money while two others bet on the outcome.  However, as a poker player, I do know that home-games are legal if the "house" doesn't take a rake.  This means that poker is 100% legal if there is no centralized entity turning a profit.  I assume the same may be true for an escrow service like the one I'm looking to provide, but I'll need to look into it further. 

# Conclusion
Trusted Hive witnesses are generating 128 random D16 dice rolls every 3 seconds and no one is using that functionality to create frictionless gambling services, or any other type of gaming RNG.  I plan to change that.  

Not only will this be good for Hive, but it will be devastating to the Tron Foundation and perhaps even EOS as well.  All these developers are running around wondering how they can scrape money off the top; asking themselves: "What's in it for me?"  

I plan to show the cryptosphere how this emergent open-source economy actually works: acquire stake in the network and then create value for everyone, instead of just yourself.  Reputation is the new hard currency. 
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