Sourcery Full Encryption Direct Deals - Hide from the Market

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

We wanted to provide an update to tell everyone Sourcery is up and running and we've
encountered no attacks or anything suspicious against our servers.  We have been on
high alert running our security audits and performing other tasks to ensure the 
continuing anonymity of our server until we figure out what is going on.  In the 
meantime we are opened for business.  Out of an abundance of caution we did shut
down after Hansa was found to be compromised.

# Encrypted Direct Deals

Sourcery was originally created to provide escrow for off-market deals (such as direct
deals).  We have a system where you can actually encrypt a contract where Sourcery can't
even read the details.  Only during a dispute would the contract be decrypted so we can
resolve the dispute.  But for any transactions that went according to the contract, the
contract would never be decrypted or readable by Sourcery.  Its a way to protect your
privacy and ensure that nobody, not even the market, can read the terms of the contract.

We have the details outlined here: https://www.reddit.com/r/SourceryMarket/comments/6opr7j/discrete_direct_deals_on_sourcery/

In short terms this is how it works:

* Vendor draws up contract outside of hte market.  Sends this to buyer via the
platform theyare negotiating on.  
* Buyer reviews contract.  Signs it, sends back to vendor.  
* Vendor signs this and encrypts the contract according to the buyer's PGP key.  
* Vendor creates a contract.  Contracts are NOT searchable or indexed.  That's why they 
can be encrypted.  
* Vendor gives contract link to buyer.  
* Buyer opens contract, decrypts it, ensures its the same one and if so, "buys" the
 contract.  
* We provide the escrow.

Now if the deal goes off without complaint, the deal is never decrypted, buyer finalizes
 and funds are released.  

In the event of a dispute, the buyer or vendor would need to decrypt the contract and 
provide this to the market.  They can encrypt with the market's key if desired.  Then 
the market decides the dispute.  

This is just a way to keep the details out of the market's hands as much as possible.  
Most deals go off without a hitch so its rarely necessary to decrypt.  Please let me 
know if you ahve questions.

Sourcery
-----BEGIN PGP SIGNATURE-----
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=d+zh
-----END PGP SIGNATURE-----


Comments


[4 Points] wwantt:

Good

People of this subreddit get more pathetic each day, if you down vote this thread than at least leave a comment why its bad. Valid question/discussion post just get flooded or buried. We all know the group who do nothing but shitpost, down vote, and promote their own agenda. Mods should do something about it but they must be a part of it. I've paged rule enforcement about clear rule breaking but nothing done.


[1 Points] snugglelufugus:

You must be new to the dnm markets if you think most people are willing to do anything more than "send btc to addersss xxxxxxxxxxxxxxx, enter password, click buy". Silkroad was so big because they got it right on the first try, every attempt to use ms has been met with indifference. I think hansa got it right from buyer pov, they didnt have to do anything extra but then we all see now ms did jack shit to protect anyone from market.


[2 Points] Zorill:

As things cool down I will take a look into Sourcery. I do have some questions though. Do I need to know the vendor before hands and HAVE to have a separate means of contact like email or something? And rather than an actual full on market, you are just escrow and customer service basically? But I do believe this market is a good idea for people wanting a bit more security on what is purchased and such.

Cheers.


[2 Points] soT36hsni3B:

"Out of an abundance of caution we did shut down after Hansa was found to be compromised."

Wouldn't call that an abundance of caution. More like goddamned common sense. Dream, on the other hand.........


[2 Points] fa-yeerrr:

Do you accept Monero?


[1 Points] None:

I like it, but very Time consuming for the average users, would work better for bulk where you don't have to do as many contracts.


[1 Points] TheRealRocketship:

Direct deals are good. Multi-sig is better


[1 Points] ice_cream4breakfast:

I like were you guys are going


[0 Points] EnigmaMarket:

Would you be interested in working with us through an API? Our goal is to provide a market where a "bust" can only get an intermediate server.


[-1 Points] ItzNotLuck:

What's up with the 512 key?