Currently we have 4 different escrow types.
1. Regular bitcoin escrow where we hold your coins until the buyer tells us to release it or a dispute is filed.
2. Escrow pegged to a fiat value where once the deposit is made we convert the current amount to the select fiat currency and then hold it in escrow. At the time of the escrow being released we convert it back to bitcoins at the current rate.
3.Multi-signature escrow where we hold only one of the keys to a 2 of 3 transaction
4.Multi-signature escrow pegged to a fiat value where we hold only one of the keys to a 2 of 3 transaction. The peg is currently created using nubits, but in the future we will use tether and maybe even bitusd
How many different escrow types are there? Print
Modified on: Sat, 18 Jul, 2015 at 9:29 PM
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