Trustless DarkNet market with NashX transactions

I'm thinking about developing a market software that supports NashX transactions (a mutually assured destruction equilibrium strategy). If properly implemented it should be scam proof, since you won't have to trust neither the market admins nor the seller. At the worst possible scenario you'd lose one transaction's worth of money, and sellers would have nothing to gain by scamming buyers.

Is this a good idea? Is there anything similar already out there?


Comments


[3 Points] Orgonomics:

I think you know this is a good idea. But the implementation and execution are the difficult parts.

The only thing similar to this would be multi-signature escrow that has been implemented by TMPSchultz and his crew over at The Marketplace on the i2p network.

Regardless, I'm sure a lot of people would be interested in trying out your market once you have a workable version running on an .onion/.i2p site.


[2 Points] Gabralkhan:

You should perhaps discuss with /u/darknetsolutions he develop solutions for Vendors here.

He is skilled in these technical aspects of DarkMarkets, transactions, escrow and will perhaps be able to give you interesting thoughts about your idea.

He will probably answer to your post anyway i think, but if you are interested in these matters he could be a very good interlocutor i guess.

he made several posts here and also has his own subreddit so he shouldn't be hard to find, he is very friendly from what i know so don't hesitate to send him a message i think.


[1 Points] shitstormy:

Is asking vendors to put up the cost of the transaction in addition to the product itself and then risking all of it getting 'destroyed' if things dont work out a good idea?