Yes I’m still working on that haha. You could use KYC, or maybe this could be added to something like Robosats for extra security.

Also, the numbers are arbitrary and people can choose their own risk. I’m thinking of something but it’s kind of complicated, so I’ll let you know when I update.

Okay it’s been updated. I would not use this without collateral because there is no protection. In that case, you are better off trusting a third party or paying cash to a friend.

However, I added a way to use less collateral. It increases the risk, but the seller can still be punished severely for lying.

Thought about it some more and realized it’s gotta be all or nothing for the seller, so they are not incentived to steal. The risk would still be relatively small though, but would probably require a premium.