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File: 11 KB, 400x400, Payfair.jpg [View same] [iqdb] [saucenao] [google]
6861023 No.6861023 [Reply] [Original]

Decentralized Escrow Service
25m mk
Binance owns a shitload of coins, potential listing soon
Is this a good buy?

>> No.6861107

proof binance owns coins?

>> No.6861163

>>6861107
https://etherscan.io/address/0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be

Look under the drop down list "Token Tracker" to see the coins Binance holds.

>> No.6861243

>>6861023
Yes, stop asking now.

>> No.6861255

How to they provide decentralised escrow?
Who resolves disputes without a central authority?

>> No.6861294

>>6861255
https://payfair.io/whitepapers/full_PF.pdf

>> No.6861321

>>6861163
>Send a bunch of shitcoins to Binance

"G-guys, Binance owns this shitcoin hence they're going to list it!"

>> No.6861325

>>6861107
>send sizable portion of currently worthless tokens to Binance wallet
>"Binance is accumulating guys!"
>dump on the FOMO

>> No.6861388

>>6861294
>whitepaper
>0 technical details
>size 20 font

>> No.6861428

>>6861321
>>6861325
>what is the crowdsale that binance bought in on

>> No.6861520

>>6861325
This

>> No.6861536

>>6861325
>currently worthless tokens
That stack in binance's wallet is currently worth $150k

>> No.6861590

>>6861255
there are nodes which serve as escrow where you set conditions with another party. one party deposits coins to the node. once both parties agree that their obligations have been fulfilled, the node then releases the funds to the payee

this is automatic without the need for a human being, although the node owner can also serve as an arbitration person and the funds will be released when the arbiter, the payer, and payee all agree that the terms of an agreement have been fulfilled. if there is a dispute then the payer/payee can move onto another node and leave a shitty rating for the node so nobody uses them again

>> No.6861845
File: 26 KB, 640x477, keikaku.jpg [View same] [iqdb] [saucenao] [google]
6861845

>>6861536
>compile token contract
>you have all the tokens
>tokens are worth $0
>send portion of that $0 to Binance
>people notice and pump your token
>the tokens you still have are now valuable

>> No.6861898

>>6861845
why didn't binance just sell their tokens and get get a couple teslas then

>> No.6861954
File: 110 KB, 657x539, 1514804931682.png [View same] [iqdb] [saucenao] [google]
6861954

>>6861845
>compile token contract
>token contract
>compiled

>> No.6862075
File: 113 KB, 2380x372, Screen Shot 2018-01-23 at 8.38.16 PM.png [View same] [iqdb] [saucenao] [google]
6862075

>>6861898
I doubt Binance has even noticed. Literally anyone can make and send random ERC20 shittokens to anyone else, including Binance's hotwallet. It would just cost them money to deal with every random token sent their way
>>6861954
Pic related straight from Ethereum's website you mong. Contracts are compiled into EVM bytecode.

>> No.6862106

>>6862075
>some binance guy isn't gonna notice that he has 150k just sitting in a wallet

you are a brainlet

>> No.6862266

>>6862106
>He thinks Binance employees are paying attention to every unrelated balance in the hotwallet
They have automated systems to manage the balances that are relevant to operations. It's perfectly plausible that they wouldn't notice some shittoken balance from an ERC20 contract that none of their systems are configured to monitor.

>> No.6862279

>>6862266
ITT a brainlet pretends to work at binance

>> No.6862398
File: 88 KB, 645x729, 1516759167980.jpg [View same] [iqdb] [saucenao] [google]
6862398

>>6862279
ITT a brainlet pretends to know how token contracts work. Have you ever actually transferred ERC20 tokens outside of an exchange? Your idiocy is understandable if you've only ever dealt with tokens in an environment where all of the actual inner workings are abstracted away and represented as values a traditional centralized database.

>> No.6862445
File: 187 KB, 1834x867, Capture.jpg [View same] [iqdb] [saucenao] [google]
6862445

CEO Has 40 friends on Linkedin and no activity. prepare to get JOOSTed

>> No.6862617

>>6862445
>btc
>CEO dissappeared
Nice FUD, pajeet

>> No.6863429

>>6861325
They are not accumulating you have to pay to get listed Mr. Wizard.

>> No.6863596

>>6862445
The FUD gets weaker every thread

>> No.6863608

>>6862398
ITT brainlet doubles down and thinks that a private entity is leaving potentially millions of dollars on the table because they couldn't hire some chinese teenager for 2 dollars an hour to check this data

>> No.6863632

>>6863596
it's actually good they're fud'ing stuff like this and not the actual product itself, which is actually needed in the crypto economy and fills a huge gap

>> No.6863665

>>6862398
>Have you ever actually transferred ERC20 tokens outside of an exchange?

>he doesn't know that you can only get this token by transferring tokens off EtherDelta

you're getting nutted on left and right ITT famalam. maybe a chainlink thread is more up your alley

>> No.6863830

>>6862445
linkedin is/was(?) banned in russia