Escrow on Zano's Execution Layer

[htzano]

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 Zano

So 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.

[Ruroni99]

Sounds like a good concept. Would it operate like retoswap? Who is the validator? Also, what chain have you built this on previously?

[htzano]

@Ruroni99
Yeah similar spirit to RetoSwap but different mechanics.

Here the escrow would be a contract, and the arbitrators never have any path to the money at all.
They hold no keys, they only vote on the outcome and earn a separate dispute fee, and the contract itself pays out based on the vote.

It's also general purpose digital escrow (paying for work, AI agent tasks, P2P trades where one leg is off chain) rather than being built around fiat to crypto swaps specifically.

There's no special validator, arbitrators are just people who register by posting a stake, and a small panel of them votes if a dispute happens.
If they go silent, anyone can void the deal after a timeout and both sides take their own funds back, so nobody is trusted to stay online.
On ZEL the chain's own validators would play no special role beyond running the chain.

Previous build is on Beam. It's a shader contract live on their mainnet with a dapp in the Beam dapp store, so the ZEL version would be a Solidity port of a design that already runs, not a from scratch experiment.
seems AI agents are using escrows a fair amount lately, so it be cool to build one for Zano