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RE: Hive Open Market - buy & sell products and services with crypto

in HiveDevs13 days ago

I'm not super familiar with escrow operations. Do these give you all that is needed to build trustless platform on Hive? If I understand it correctly it still requires 3rd party agent for arbitrage.
AFAIK you'd normally build such a platform using smart contracts, but Hive doesn't have them.

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The escrow operation uses a 3rd-party agent but the agent doesn't hold and can't steal the funds. The blockchain itself holds the funds and the agent can release the payment or issue a refund. You can read more here.

So instead of the smart contract holding the funds, with the built-in escrow the chain itself takes care of it.