news Undeveloped adopts blockchain and will release tokens

[DNGear]

Undeveloped announced today that they are adopting blockchain technology and will soon release Undeveloped tokens.

Here is the article:

https://onlinedomain.com/2017/10/20...n-will-release-tokens-commission-decreases-9/

 

[campout]

Does this mean that we won't be able to sell names that don't comply with the automated requirements now?

 

[DAN.COM]

Does this mean that we won't be able to sell names that don't comply with the automated requirements now?

Hi Nat,

No not at all. As always, you'd be in charge of how you sell.

Kind regards,
Reza

 

[mvl]

Yes, as I wrote before

https://www.namepros.com/threads/es...ting-buyer-to-pay.1042069/page-2#post-6363825

Blockchain is an irreversible method of payment, or it may be used to transfer most anything intangible, photos, information, etc. In that respect in that it is irreversible it may work as a method of payment into an escrow, but it cannot function as an escrow per se because it cannot be "held up" (reversed), except with a reverse identical transaction.

In other words, yes it may help in situations like this to create absolute trust in forms of payment, but still a sort of escrow will be needed.

Multisig wallets can offer a solution for the escrow problem.

 

[Irene123]

However after this long discussion I have to conclude that undeveloped.com is starting it even for every one or not but its good start.