Yescrow - Official Thread

[yescrow]

Hey NameBros, Yescrow.xyz is an automated escrow for stranger-to-stranger domain sales. Since domain transfer data is publicly available and it updates when domains transfer, the most user-friendly (no account, no ID needed) solution is to simply hold the deal in a cryptographic contract (fully auditable) that is released automatically to the seller once the domain successfully transfers to the buyer.

Best value is to use Yescrow for the domain sales where you can’t exactly trust the other party. Other escrows rip-off the small domain deals, since they are aiming for the big money and don’t want the hassle. Not us, though. We built to accommodate a minimum of $10 per deal. Using voucher “NAMEBROS” will waive any fees (it’s 1% without the voucher). The only favor that I ask of you is that after using the ‘crow you’d leave a review here.

Let me know of any quirks you want improved.

Let's innovate,
Teo

 

[Future Sensors]

Your licenses please?

 

[URL Stream]

Since domain transfer data is publicly available and it updates when domains transfer

 

[Jannes]

Hey NameBros,

 

[yescrow]

Your licenses please?

Fair question. We don't hold a licence, because we never hold your money. The smart contract holds it, and nobody can move it except by the deal's rules, not even me. Yescrow is run by Eastern Vikings OÜ (Estonia, reg. 14194338), all on the About page. The contract is public on Arbiscan, and the security page shows how it was tested. If that's not enough for a $50k deal, totally get it. That's what Escrow.com is for. We're for the deals they don't want, deals where you wouldn't want to go through all their hassle for a simple domain sale.

 

[yescrow]

Good catch, the owner's name is hidden these days. We don't need it, though. The registry's public record still shows which registrar holds the domain. The buyer tells us their registrar, the seller transfers, and when the record flips we take a tamper-proof copy of it and the money releases. For a push at the same registrar we check the nameservers the buyer set. It's all automated, too. If something looks off, the buyer can dispute the result and independent jurors decide.

 

[yescrow]

@Jannes Pun intended.

 

[Jannes]

@Jannes Pun intended.

you mean bun?

 

[URL Stream]

If something looks off, the buyer can dispute the result and independent jurors decide.

Which court​

• Deals up to $2,000 go to a fast court where three AI agents are the jurors.

https://yescrow.xyz/guides/disputes/

For reference: https://www.namepros.com/blog/how-worried-should-we-be.1354178/page-9#comment-9733271

 

[yescrow]

Yes, Kleros.io provides us the jurors - to be cost effective small deals are judged by their independent AI jurors, which are trusted and used for by such names as Thompson Reuters, University of Oxford and even the European Commission.

 

[mumu]

used for by such names as Thompson Reuters, University of Oxford and even the European Commission.

Do these names offer Escrow services?

 

[mumu]

I smell a new “Escrowly”

 

[yescrow]

Do these names offer Escrow services?

No, they use Kleros.io for their court-as-a-service.

 

[mumu]

No, they use Kleros.io for their court-as-a-service.

Therefore, you cannot cite them as an example of how effective or trusted that is, your cases are different from theirs, you are dealing with money, while they are dealing with documents.

 

[yescrow]

I smell a new “Escrowly”

Don't use Escrowly - what they offer is basically unlicensed money holding. The funds in Yescrow's smart contract can't be touched, even if we wanted to. They are released automatically when the nameservers change, unless there is a dispute, in which case independent jurors of Kleros.io settle the case.

 

[yescrow]

Therefore, you cannot cite them as an example of how effective or trusted that is, your cases are different from theirs, you are dealing with money, while they are dealing with documents.

All I am saying is that they are a trusted, reputable decentralized court - and they are integrated into Yescrow.

 

[mumu]

All I am saying is that they are a trusted, reputable decentralized court - and they are integrated into Yescrow.

Are they trusted by any other “Licensed” Escrow services?

 

[yescrow]

Are they trusted by any other “Licensed” Escrow services?

I don't know of a licensed escrow that uses Kleros. Licensed escrows hold your money themselves, so they judge disputes in-house too.

The jurors aren't what keeps your money safe, though. The contract releases on the public transfer record, so most deals never see a court. Kleros is only the backup if the buyer disputes. Their AI court has ruled on 150+ cases so far, and anything over $2k goes to their human jurors.

 

[Future Sensors]

The funds in Yescrow's smart contract can't be touched, even if we wanted to. They are released automatically when the nameservers change

You must be joking? Using a nameserver change as the release trigger is a flawed method. It only shows that someone with registrar access edited DNS settings, which a seller can do without ever giving up the domain. The seller can point the nameservers at the buyer, collect the funds, and revert the change afterward, while a genuine push or transfer that leaves the nameservers alone would never trigger the release.

Avoid this "escrow" service.

 

[mumu]

You must be joking? Using a nameserver change as the release trigger is a flawed method. It only shows that someone with registrar access edited DNS settings, which a seller can do without ever giving up the domain. The seller can point the nameservers at the buyer, collect the funds, and revert the change afterward, while a genuine push or transfer that leaves the nameservers alone would never trigger the release.

Avoid this "escrow" service.

Man I was literally writing the same on that part when I saw u already replied on it, well done, exactly the point.