why not just do 2of2 multisig? just as safe for everyone, 0 hassle for buyers

Biggest complaint about multisig is its alot of work/learning for buyer but little benefit since they only risk cash between placing an order and it being shipped, so like a day. If a market did 2of2 then vendors can still keep market from stealing so 0 chance of market theft and less likely for market to disappear, so chances of funds being locked in 2of2 are small. In 3of2 its expected that buyers are going to try to find vendor offsite and manually process multisig to release payment to them, how many buyers dont even bother to log back in to finalize??? It doesnt make any sense to do 3of2, its not how things work here, someone do 2of2 on a market this would solve allooot of problems without making new ones


Comments


[6 Points] None:

2of3 makes it possible for buyers and sellers to be sure that nobody scams them.

2of2 does the same but makes it impossible to solve problems. if both parties are not able to find a solution that fits both the funds will stay tied up forever. that is the reason why a third party which both buyer and seller trust is needed as a moderator.

2of2 is only a good idea for off market stuff.


[4 Points] BadWeatherVane:

No, this would not solve "alloooooot" of problems. A better educated user base would.

But keep on beating that drum anyway.