⚠️🍑
As of today, Peach will work **without** being involved in the escrow.
Only very high reputation sellers with PoW over the past 4 years or existing KYC sellers will be allowed to create sell offers.
In-app dispute will still be available but Peach won’t be able to settle in favor of the buyer anymore.
🍑 Important to note: over the past year, dispute settlement in favor of the buyer using our single signature - 4320 blocks after the escrow being funded - accounted for 0.03% of the total trades!!! 🍑
This new architecture is an experiment. A test to adapt to our latest regulatory context.
Read more in the article below and in our telegram group.
t.me/+CLPTyHpUmrU1Y…
As of today, Peach will work **without** being involved in the escrow.
Only very high reputation sellers with PoW over the past 4 years or existing KYC sellers will be allowed to create sell offers.
In-app dispute will still be available but Peach won’t be able to settle in favor of the buyer anymore.
🍑 Important to note: over the past year, dispute settlement in favor of the buyer using our single signature - 4320 blocks after the escrow being funded - accounted for 0.03% of the total trades!!! 🍑
This new architecture is an experiment. A test to adapt to our latest regulatory context.
Read more in the article below and in our telegram group.
t.me/+CLPTyHpUmrU1Y…
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