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Rigorous
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October 23, 2017, 02:01:57 PM |
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Alice sells the private key of her Ethereum wallet to Bob. Bob pays through UTRUST. Alice is notified that the money is in escrow and sends the private key to Bob. Bob claims the key does not work. Alice opens a dispute.
Tell me how the UTRUST Mediator resolves this transaction.
I think this situation is impossible. No one buys private key of Ethereum wallet from others. Because the key cannot be changed. How can they use this wallet if the old owner still has private key? Proving the point that whoever is saying escrow will ensure safe transactions is underestimating the complexity of transactions. That is why I am surprised that the UTRUST whitepaper contains so few details about their distinguishing features, the escrow and arbitration mechanism. It is not only about the code and tech, UTRUST need to teach their mediators protocols to solve difficult situations. And the most difficult of them all, the unsolvable situation.
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alphashotgun
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October 23, 2017, 02:03:02 PM |
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i think UTRUST will allow us to pay on different platform with different crypto currencies. Its really a need for crypto users. if it come true ,will change real our life.
this is really nice yeah but by now only 10 different currencies are supported i think
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Elkmar
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October 23, 2017, 02:22:09 PM |
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10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.
They already raised some money on pre-ico. So development already started? That would be logic. But ICO takes time to prepare too.
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matjas
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October 23, 2017, 02:29:24 PM |
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I think a secured and reliable payment platform is the missing link for the cryptocurrency mass adoption. Just imagine if people can pay and accept payments in cryptocurrencies. Your Doge can be accepted to buy goods without needing to be converted in Bitcoin. That would be the dream. It is the beginning of a truly borderless and cashless payments. But I wonder, which cryptocurrencies will be part of the Utrust platform after it’s release?
I think everyone who is participating in this topic agrees with you. Crypto payment are still to rare in outside world, we need platforms like Utrust to share the word and make crypto more attractive to outsider.
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cantdecide
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October 23, 2017, 02:47:47 PM |
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Yes UTRUST will simplify the way we use our crypto money, not so much people send it into bank account, and UTRUST will allow us to pay on different platform with different crypto currencies. Its really a need for crypto users.
I would not wonder if someday, financial institutions such as banks would have a partnership with UTRUST. It is not impossible.  Note my words, the day will come, when we dont even need to use banks any more! Free from slavery with crypto! Well that time will come, the question is when it will come ... not in the next 2 years probably, also not in the next 5 years as I think.
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the_donald
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October 23, 2017, 02:50:55 PM |
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Yes UTRUST will simplify the way we use our crypto money, not so much people send it into bank account, and UTRUST will allow us to pay on different platform with different crypto currencies. Its really a need for crypto users.
I would not wonder if someday, financial institutions such as banks would have a partnership with UTRUST. It is not impossible.  Note my words, the day will come, when we dont even need to use banks any more! Free from slavery with crypto! Well that time will come, the question is when it will come ... not in the next 2 years probably, also not in the next 5 years as I think. neah, it's gonna take a lot longer than that. banks will get in on the action to be sure. the problem isn't banks, but governments. money is power and they control money for now. if crypto replaces money,well...it's going to get interesting.
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Ganerch
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October 23, 2017, 02:52:13 PM |
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I like the project and the concept of this UTRUST! This future online payment made easier for me!!! I want to know more about Utrust.  check out their whitepaper. This is nice project and team is active Thanks! I downloaded and checked out their whitepaper and I'm empowered by their vision. I will definitely use Utrust and invest on it. They got what's missing in the online payment market especially their customer payment protection. This will protect my physical and visual purchases! thumbs up for that!! I also think that payment protection is the most important part of their whole project. Many people appreciate having one. Yeah, we all now that customers needs protection! It's great to know that UTRUST have it all, FLATFORM, COINS, PROTECTION, low buyer purchase risk! I can wait to use this UTRUST and experience their promise.
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Fredrosam
Jr. Member
Offline
Activity: 350
Merit: 4
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October 23, 2017, 02:56:51 PM |
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Looks promising, will read ur WP more closely
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Ganerch
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October 23, 2017, 03:06:18 PM |
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10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.
This is good news I searched their website and it says there that UTRUST ICO starts on November 2, 2017, 2pm UTC. Can't wait to participate at Utrust ICO crowedsale. As of now they will only accept ETH/BTC wallet.  (reference from their website)
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FIEX
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October 23, 2017, 03:07:50 PM |
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10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.
This is good news I searched their website and it says there that UTRUST ICO starts on November 2, 2017, 2pm UTC. Can't wait to participate at Utrust ICO crowedsale. As of now they will only accept ETH/BTC wallet.  (reference from their website) ICO is getting really close now  I've been following this project for a long time now and I'm so excited its only 10 days away for the ICO  This will be a huge success.
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pynetx
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October 23, 2017, 03:24:28 PM |
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10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.
This is good news I searched their website and it says there that UTRUST ICO starts on November 2, 2017, 2pm UTC. Can't wait to participate at Utrust ICO crowedsale. As of now they will only accept ETH/BTC wallet.  (reference from their website) As far as the tech goes Utrust have all the chances of selling out before the ICO ends.
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o48o
Legendary
Offline
Activity: 3472
Merit: 1260
Leading Crypto Sports Betting & Casino Platform
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October 23, 2017, 03:29:50 PM |
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10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.
This is good news I searched their website and it says there that UTRUST ICO starts on November 2, 2017, 2pm UTC. Can't wait to participate at Utrust ICO crowedsale. As of now they will only accept ETH/BTC wallet.  (reference from their website) As far as the tech goes Utrust have all the chances of selling out before the ICO ends. Maximum Crowdsale Cap 49M USD, even though this is a top notch product, i am skeptic about hitting the hard cap. While ago it would been a no brainer, but people seem to be investing less and less on icos, and more to pre icos.
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Sozialtourist
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October 23, 2017, 03:33:55 PM |
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10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.
This is good news I searched their website and it says there that UTRUST ICO starts on November 2, 2017, 2pm UTC. Can't wait to participate at Utrust ICO crowedsale. As of now they will only accept ETH/BTC wallet.  (reference from their website) As far as the tech goes Utrust have all the chances of selling out before the ICO ends. Maximum Crowdsale Cap 49M USD, even though this is a top notch product, i am skeptic about hitting the hard cap. While ago it would been a no brainer, but people seem to be investing less and less on icos, and more to pre icos. I am still confident that UTrust will be sold out during the 7 days of the ICO but you are right. People seem to only invest hesitantly in the last time. And that a lot of tokens are below their ICO price atm doesn't help at all.
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belechau
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October 23, 2017, 03:36:17 PM |
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10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.
This is good news I searched their website and it says there that UTRUST ICO starts on November 2, 2017, 2pm UTC. Can't wait to participate at Utrust ICO crowedsale. As of now they will only accept ETH/BTC wallet.  (reference from their website) As far as the tech goes Utrust have all the chances of selling out before the ICO ends. Maximum Crowdsale Cap 49M USD, even though this is a top notch product, i am skeptic about hitting the hard cap. While ago it would been a no brainer, but people seem to be investing less and less on icos, and more to pre icos. I agree in the interest of many people in Pre-Ico, but I prefer to do the opposite, projects like Utrust have already given us much more confidence and credibility, besides the solidity and an excellent script, we know that we will not have losses as in some Pre-Ico that do not go any further.
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warr1979
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October 23, 2017, 03:46:05 PM |
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Yes UTRUST will simplify the way we use our crypto money, not so much people send it into bank account, and UTRUST will allow us to pay on different platform with different crypto currencies. Its really a need for crypto users.
I would not wonder if someday, financial institutions such as banks would have a partnership with UTRUST. It is not impossible.  Note my words, the day will come, when we dont even need to use banks any more! Free from slavery with crypto! Well that time will come, the question is when it will come ... not in the next 2 years probably, also not in the next 5 years as I think. neah, it's gonna take a lot longer than that. banks will get in on the action to be sure. the problem isn't banks, but governments. money is power and they control money for now. if crypto replaces money,well...it's going to get interesting. The banking system and the government are the same system, you have to know those who control the national banking system are the government. Therefore, if Utrust or any cryptocurrency threatened the growth and profitable of the banks, I do not think it is good. We should cooperate with them, it will be good for both.
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vaughn125
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October 23, 2017, 04:12:02 PM |
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They already closed bounty campaign. But there are many people already joined. I joined to late, but hope I ll receive some rewards too  ANd also Ill invest some money here  Well at least, you still had the chance to participate and will have a chance to get a hold of this very awesome coin. Plus you have money to invest. You're pretty lucky if you ask me, because surely, this project will be a huge success and be better with every passing day. I just hope i earn enough dough before the ICO starts.
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cryptohome
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October 23, 2017, 04:15:26 PM |
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Been waiting for this ICO for quite sometime now, but the no limit on Buying and No whitelist does make this coin more Whale friendly, again this is just my opinion after watching some other ICo's like Monetha and others.
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haxllega
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October 23, 2017, 04:57:22 PM |
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10 more days to go for the UTRUST crowdsale , hope we can finish the ico early so UTRUST can proceed with the next developments for UTRUST.
This is good news I searched their website and it says there that UTRUST ICO starts on November 2, 2017, 2pm UTC. Can't wait to participate at Utrust ICO crowedsale. As of now they will only accept ETH/BTC wallet.  (reference from their website) As far as the tech goes Utrust have all the chances of selling out before the ICO ends. Maximum Crowdsale Cap 49M USD, even though this is a top notch product, i am skeptic about hitting the hard cap. While ago it would been a no brainer, but people seem to be investing less and less on icos, and more to pre icos. I am still confident that UTrust will be sold out during the 7 days of the ICO but you are right. People seem to only invest hesitantly in the last time. And that a lot of tokens are below their ICO price atm doesn't help at all. All altcoins are under pressure right now. I hope URTRUST ICO will be although successful. Whole market will regenerate soon.
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telegdyd
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October 23, 2017, 05:04:56 PM |
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it's good that utrust will start its ico after hardfork bitcoin. This will give him a chance at a successful ico
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matjas
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October 23, 2017, 05:05:23 PM |
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Been waiting for this ICO for quite sometime now, but the no limit on Buying and No whitelist does make this coin more Whale friendly, again this is just my opinion after watching some other ICo's like Monetha and others.
Looks like lately there are not so many whales active as before so i think Utrust tactics is good one since few whales are always welcomed because right now, we are in a big altcoin crisis.
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