This is great. I had read about the M of N multi-signature support before but from what I understood, it was half baked and not supported at all. I'm glad to hear that it's usable.
Is there built in support for paying the mediator a percent or fixed fee from the transaction or is it expected the buyer or seller would just pay them in a separate transaction?
I paid for an asic bitcoin miner using bitcoins and after 10 months of non-delivery I really wanted to just get my money back but then I realized I couldn't. I had been so accustomed to being protected by credit card chargebacks and bank reversals that I just didn't think about a bitcoin payment as being non reversible.
It actually made me really cautious about paying for ANYTHING on the internet with bitcoin because it is so easy for the seller to rip you off.
Hey, I'm the author of Bitrated. Yes, currently you're expected to pay the arbitrator separately. I'm still thinking how to go about it exactly, and might improve that in the future.
Is there built in support for paying the mediator a percent or fixed fee from the transaction or is it expected the buyer or seller would just pay them in a separate transaction?
I paid for an asic bitcoin miner using bitcoins and after 10 months of non-delivery I really wanted to just get my money back but then I realized I couldn't. I had been so accustomed to being protected by credit card chargebacks and bank reversals that I just didn't think about a bitcoin payment as being non reversible.
It actually made me really cautious about paying for ANYTHING on the internet with bitcoin because it is so easy for the seller to rip you off.