Difference between revisions of "BitSeq: Bitcoin Secure Escrow"
(Add caveat, since this just site appeared on the wiki without any other references. Operates without revealing identity of operator.) |
m (Fix wording, this is an escrow, not exchange.) |
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A bitcoin-based secure escrow service. | A bitcoin-based secure escrow service. | ||
| − | <span style="color:red">Caution: Please be careful with your money. When sending funds to an | + | <span style="color:red">Caution: Please be careful with your money. When sending funds to an escrow or other counterparty you are trusting that the operator will not abscond with your bitcoins and that the operator maintains secure systems that protect against theft -- internal or external. It is recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available.</span> |
Essentially, this service allows the payment recipient to know that the payment sender has delivered payment to an independent third party escrow. Funds are held by the escrow service until the payment sender releases the funds to the payment recipient. | Essentially, this service allows the payment recipient to know that the payment sender has delivered payment to an independent third party escrow. Funds are held by the escrow service until the payment sender releases the funds to the payment recipient. | ||
Revision as of 03:06, 19 March 2012
A bitcoin-based secure escrow service.
Caution: Please be careful with your money. When sending funds to an escrow or other counterparty you are trusting that the operator will not abscond with your bitcoins and that the operator maintains secure systems that protect against theft -- internal or external. It is recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available.
Essentially, this service allows the payment recipient to know that the payment sender has delivered payment to an independent third party escrow. Funds are held by the escrow service until the payment sender releases the funds to the payment recipient.
External Links
- BitSeq web site
