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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
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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.