SteemHalo - Trustless double-deposit-escrow without third party - Can it be done in Steem? - Study
I am trying to recompile all the information I can find in order to check if it is possible to do a really user-friendly SteemHalo which would work similar to BlackHalo.
If there are some Steem-Developers who are knowledgeable in this field I would love to get their input as well below this post for some questions:
- Is it possible to send outputs to a newly defined multisig-address which could have as a definition that the deposit amounts of both parties get refunded if the transaction is canceled by 2 parties (so that no new account for this operation would have to be created??)
- or if completed: the deposit amounts get refunded and the price is paid to the seller
- or if the maximum time for completion or cancellation is exceeded, the transaction is blocked forever.
This is the basic functionality of BlackHalo and does not need a third party. everything can be done by the buyer and the seller directly.
Instead of using BitMessage or an email, I guess one could use the Memo functionality of Steem?
Please, perhaps @xerox could provide some input if this is feasible and perhaps some code ideas/examples in order to get me or anyone else started.
Some links regarding this project:
http://blackhalo.info/
https://steemit.com/piston/@xeroc/piston-how-to-use-it-for-multisignature-accounts
https://github.com/steemit/steem-js/tree/master/doc#multisig
if it is possible then it 'Steemhalo' will be great project and really beneficila for steem..Thanks for sharing your idea with us.
I hope that some guys like @xerox could share some light on this as well...
@mexbit - Sir I don't get much technical knowledge about this project... But sound's interesting... Hope they can make it happen Sir...
+W+ [UpVoted & ReSteemed]
Thanks for resteeming!
Thanks for sharing....
Upvote and Resteemed...
Thanks for resteeming!
Finally you introduced Alphabit currency with a analysis.......
Please no spam...
steem has got lots of thing covered almost and ready to use it on the go
This would be a trillion dollar thing...
After looking in all the video in details this can really be done i am fully optimistic on this one
I can use this post at least in order to refer to this project... but no developer answered any questions... :/
i believe you can make it possible with your effort you are the only one on this platform who can really make it possible to make it happen
I am trying to figure out if it is possible with the account system in Steem, as this was designed for Bitcoin clones... I am not sure if this is possible in the same way.
Steem blockchain really holds the ability to perform such things can it be really implement in real
I am not a 100% sure if the implementation can be done exactly like this...
if anyone could start thinking about this idea it would be really cool
I have tried to call the attention to these Halo projects a few times... it seems not to be something people are very interested in...
Not sure about the message in this one...