Escrow on Zano's Execution Layer
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With the Execution Layer coming Id like to build a kick ass escrow
The shape would be..... buyer locks payment in the contract, seller locks collateral, work or goods get delivered, funds release. If there's a disagreement it goes to a small panel of staked arbitrators who vote, and the arbitrators never touch the disputed money, they only earn a separate dispute fee, so they have no reason to rule either way.
Nobody can win by going silent either, if the buyer stalls the seller claims after a timeout, if the arbitrators stall anyone can void it and both sides take their own funds back.What I'd picture it used for here, paying someone for work without trusting them first, P2P trades where one leg is off chain, marketplace deals between strangers. The private L1 stays the money layer, funds bridge in, settle, bridge out.
For context, I've built and run this exact system on another chain, it's live on mainnet with all the dispute paths proven with real funds.
im putting this out there as id really like to see if theres an interest for it to happen on ZanoSo would you use an escrow like this?
And if yes, what would you actually use it for?
That's the part I really want to hear.
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