When will Ledger add BSV to its list of supported assents? Love it or hate it, it is the 8th biggest crypto based on market cap. Ideally they would split the BCH held in wallets at the fork.
So the gold reserves around the world has now also ventured in the world of crypto if they can already be traded using BTC. Hmmmm this would be the start of great things ahead.
With Vaultoro you can buy gold using BCH via Shapeshift.
Oh...... With Vaultoro you own the gold you buy and it is stored in Swiss Brinks vaults. The difference is the medium of exchange to buy and sell it is Bitcoin instead of FIAT.
Dai collateral is managed in the Ethereum blockchain. Instead of IOUs for dollars that may or may not exist, Dai is backed by Ether locked in smart contracts on the Ethereum blockchain
I am seeing DAI as a good stablecoin, being backed up by MakerDAO. Let me know what you think as well.
I like DAI but the best 'Stablecoin' is physical allocated gold. I use Vaultoro to convert Bitcoin to physical gold and vice versa. Referral: https://www.vaultoro.com/?a=116131
Memo uses atomic transactions. No need for escrow.
I was thinking in terms of allowing users to exchange BCH for other currencies or gift cards similar to what local.bitcoin.com does. A ton of work no doubt.
10k accounts and counting on local.bitcoin.com
Seeing some serious growth over the last couple days. Michael still hammering more features into our p2p trading platform with non custodial escrow. Feels good! 🐸
Its great. I will never use a regular exchange again.
How do you release funds from escrow? Can you give them a release code so you don't need your phone?
The seller presses a button to release the BCH from escrow. Not all sellers ask for cell phone verification. Mine didn't and I will never choose one that does.
If the BCH is escrowed on the blockchain, where is the fiat escrowed?
So the FIAT didn't go into escrow. It went straight to the seller who then releases the BCH from escrow. If the seller does not release it then you can initiate a dispute.