Digital tradecraft and the need for escrow in the ... - Shadow Life
Digital tradecraft and the need for escrow in the ... - Shadow Life
Digital tradecraft and the need for escrow in the ... - Shadow Life
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Introduction <strong>Digital</strong> <strong>tradecraft</strong> Escrow Example Conclusion<br />
Protocol: Contract with mediator<br />
problem: two nyms want to enter <strong>in</strong>to a contract <strong>and</strong> <strong>need</strong> a way<br />
of en<strong>for</strong>c<strong>in</strong>g it<br />
solution: <strong>the</strong>y decide on a (high reputation) mediator be<strong>for</strong>eh<strong>and</strong><br />
dispute h<strong>and</strong>l<strong>in</strong>g is decided on be<strong>for</strong>eh<strong>and</strong><br />
if at least one party compla<strong>in</strong>s dispute resolution is started<br />
parties give evidence/<strong>in</strong><strong>for</strong>mation to mediator<br />
mediator arbiters<br />
if one party does not accept arbitration contract might<br />
become public (reputation penalty)<br />
Frank Braun<br />
<strong>Digital</strong> <strong>tradecraft</strong> <strong>and</strong> <strong>the</strong> <strong>need</strong> <strong>for</strong> <strong>escrow</strong> <strong>in</strong> <strong>the</strong> counter-economy