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Smart contracts for handling the exchange of ~anything~ between two parties. Both parties lock up funds. The seller locks funds worth the value of the item and the buyer locks double the value of the item being exchanged. Funds are only unlocked when the buyer reveals that they have received the item. Funds become unlocked and the seller profits.
escottalexander/collateralized-exchange
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Smart contracts for handling the exchange of ~anything~ between two parties. Both parties lock up funds. The seller locks funds worth the value of the item and the buyer locks double the value of the item being exchanged. Funds are only unlocked when the buyer reveals that they have received the item. Funds become unlocked and the seller profits.
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