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/biz/ - Business & Finance

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23901902 No.23901902 [Reply] [Original]

Uhhh... Guys? What's this?

>> No.23901938

>>23901902
Oh you thought ETH was immutable?

>> No.23901988

>>23901902
This is a terrible idea it'll be 95% used for scamming and the 5% for people who fuck up

>> No.23902001

>>23901988
Oh I just saw the Israeli part that makes sense

>> No.23902008

>>23901902
Don't worry, the undo button only becomes unlocked if the party you sent ETH to has provably said the n-word in the past 10 years. I know none of my /biz/ bros will be at risk.

>> No.23902037

>>23902008
igger

>> No.23902065

>>23901902
Huh that's not even possible

>> No.23902094

>>23901902
>israeli

>> No.23902115

>>23901902
it's probably just some shitty plugin that only works if both the sender and the receiver both enable it, i.e. shitty vaporware literally nobody will use

>> No.23902124

>>23901902
>no link
>image about something impossible
kys OP

>> No.23902148

>>23901902
WTF is this fud? This isn't even possible
>Israeli
Make sense, never selling my ETH

>> No.23902158

>>23902115
this, seems like a gimick

>> No.23902176

>>23901988
>Paypal

>> No.23902196

>>23901902
> what’s this?
I presume it is a middle man for eth transactions. You send them the eth. They promise to send it to your friend in 3 days. In the meantime, you can hit the “Undo” button and they will send it back to you instead. I’m just guessing here.

>> No.23902489 [DELETED] 

>>23902196
>I presume it is a middle man for eth transactions. You send them the eth. They promise to send it to your friend in 3 days. In the meantime, you can hit the “Undo” button and they will send it back to you instead.

So its like an escrow smart contract essentially, thats not innovative at all. Or you're wrong and they added it as an additional layer on the ethereum blockchain.

>> No.23902516

>>23901902
Its 2nd layer payment network within ETH and it has centralized management.

>> No.23902585

>>23902516
>2nd layer payment network within ETH
Nope its a custodian, kind of.
They offer this service for bitcoin core too.

https://www.kirobo.io/

>> No.23902615

>>23902148
nobody's buying bagholder

>> No.23902626

>>23902615
Average cost per ETH $110 cope more retard

>> No.23902637
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23902637

>>23901902
>israeli
>the main feature is removing immutability

>> No.23902641

I am guessing it is some faggot kike hard fork.

>> No.23902664

At first glance this looks like a scam. On closer inspection, however, its still a scam.
This does bring up an interesting argument for retail payments though. Like for example someone buys from a vendor, product is faulty but vendor needs to be held liable in the transaction for a refund. Too small for kleros

>> No.23902699

>>23902664
This could be achieved on eth with contract with like three lines of code. Someone would act as the authority releasing or reversing the payment after X time, much like paypal with the added benefit that they can't rug the system.

>> No.23902943

>>23902037
300iq post