AgoristView on Nostr: That's what multi-sig contracts are for. I can provably lock money into an address in ...
That's what multi-sig contracts are for. I can provably lock money into an address in such a way that the money cannot be moved until you & I both agree to finalize the transaction. It's escrow with no 3rd party. That plus a web of trust network, & other smart contract forms of insurance, & the discipline of constant dealings all have the combined capacity to basically secure all forms of trade. The thing we really need is a way to do 2 party escrow via the lightning network or L2 ecash. It can be done via the base chain & on Liquid, but we really need full retail layer support.
Published at
2025-03-11 14:12:33Event JSON
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"content": "That's what multi-sig contracts are for. I can provably lock money into an address in such a way that the money cannot be moved until you \u0026 I both agree to finalize the transaction. It's escrow with no 3rd party. That plus a web of trust network, \u0026 other smart contract forms of insurance, \u0026 the discipline of constant dealings all have the combined capacity to basically secure all forms of trade. The thing we really need is a way to do 2 party escrow via the lightning network or L2 ecash. It can be done via the base chain \u0026 on Liquid, but we really need full retail layer support.",
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