[bisq-network/proposals] Add delayed refund transactions (#303)
jmacxx
notifications at github.com
Tue Feb 2 17:44:34 CET 2021
I interpret the spec as:
- **1-20 days** Trade can be completed amicably (happy path).
- **20-24 days** Either peer can open arbitration.
- **25-29 days** Buyer can txfr multisig to himself.
- **30+ days** Seller can txfr multisig to himself.
I think it would not significantly reduce arbitration cases enough to make it worthwhile implementing.
In trades that go wrong money is on the line; people are nervous and want to quell the anxiety as soon as possible. Mediation & Arbitration solves that.
99% of people would open arbitration as soon as feasible, only 1% would have the balls to skip arbitration, wait it out to pay themselves.
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