Why Nostr? What is Njump?
2025-06-04 12:51:19
in reply to

Marc26z on Nostr: I've been tinkering with BitKey. Something like this, but with seeds companies could ...

I've been tinkering with BitKey. Something like this, but with seeds companies could fully verify, would be perfect for this.

What if

The customer holds key 1
Company A holds key 2
Company B holds Key 3

If customer ≠ deadbeat, customer gets sats back.

If customer = deadbeat, customer loses sats.

Now the customer is the proof of liability.

Company A says, this dude is a deadbeat.

Company B acts as an arbitrator and makes a decision based on the evidence.

If keys are lost, Bitkey can do some Bitkey stuff. ( Full Disclosure: I haven't verified how this works yet)

Risk can be mitigated further by using Anchorwatch because of insurance.



Author Public Key
npub1marc26z8nh3xkj5rcx7ufkatvx6ueqhp5vfw9v5teq26z254renshtf3g0