About
PayFair.io is a decentralized Escrow platform and is designed to allow its customers a safe, private and decentralized trading environment, providing reliable experience. Think localbitcoin without restrictions only for bitcoins to trade! Trade goes through a wide selection of Crypto for FIAT-pairs. Visit us here https://payfair.io/ .
PayFair.io is a decentralized Escrow platform and is designed to allow its customers a safe, private and decentralized trading environment, providing reliable experience. Think localbitcoin without restrictions only for bitcoins to trade! Trade goes through a wide selection of Crypto for FIAT-pairs. Visit us here https://payfair.io/ .
PayFair.io Payments
Each payment on the PAYFAIR platform will be distributed as follows:
Each payment on the PAYFAIR platform will be distributed as follows:
Transaction without escrow (without disputes)
1%, excluding the contractor’s rating
1%, excluding the contractor’s rating
Target node - 80%
Marketing, ecosystem support - 20%
Transaction deal (dispute arose)
1.5%, excluding the contractor’s rating
Marketing, ecosystem support - 20%
Transaction deal (dispute arose)
1.5%, excluding the contractor’s rating
Target node - 1%
Escort node that made the decision - 99%
Tokens and PFR nodes PFR
points are an integral part of the ecosystem. Tokens create Escrow nodes to provide a decentralized escrow system for resolving disputes and trust points to support the price of the token, which makes it stable and resistant to drastic changes.
Escort node that made the decision - 99%
Tokens and PFR nodes PFR
points are an integral part of the ecosystem. Tokens create Escrow nodes to provide a decentralized escrow system for resolving disputes and trust points to support the price of the token, which makes it stable and resistant to drastic changes.
What is Trust Nodes?
Target nodes are awarded for their passive participation in the system. They receive a commission for each successful trade, on the platform of which is paid in the currency in which each transaction was completed.
Target nodes are awarded for their passive participation in the system. They receive a commission for each successful trade, on the platform of which is paid in the currency in which each transaction was completed.
The trust node is a critical element within the network and performs the important work of maintaining, updating, and ensuring the security of the PayFair ecosystem. Target nodes support the price of the token, making it stable and resistant to sudden changes.
To set up a trusted host, you will need a minimum of 10,000 PFR. Target nodes are weighted, which means that an additional PFR of more than 10,000 multiplies the payout value. For example: 17,000 PFR = 1.7x payout.
The advantage of Trust Nodes over other leading nodes is that there is no hardware requirement or 24/7 online time. You simply use the signature function in myetherwallet to link your PFR wallet with the PayFair platform, and then sit back and enjoy your passive income.
80% from 1% The fee received from the Non-Escrow transaction is distributed back to the holders of the Trust Node.
40% of the 3% Escrow transaction fee is distributed back to Trust Node holders.
What are Escrow nodes?
Escort nodes are rewarded for their active participation in the system. They receive a commission for each successful trade in which they participated, in which they are paid in the currency in which the trade was completed.
40% of the 3% Escrow transaction fee is distributed back to Trust Node holders.
What are Escrow nodes?
Escort nodes are rewarded for their active participation in the system. They receive a commission for each successful trade in which they participated, in which they are paid in the currency in which the trade was completed.
Escrow nodes ensure the integrity of trade between the parties (the buyer and the seller). Escrow (or Guarantor) nodes are protected by PFR markers, which means that every decision in an ecosystem is provided with a cost and is executed by a real person. When combined with Escrow's rating system, it also supports its ability to rid the platform of bad players.
Modern master systems do not allow participants to connect in any meaningful way from person to person. PayFair's Smart Wallet technology will allow Escrow owners to easily connect and interact with other Escrow holders (if they don’t want to remain anonymous). This new type of network gives the PFR token a distinct advantage over similar coins, because owners of Escrow nodes can more easily organize themselves because they know each other.
Escrow nodes are a fixed PFR cost of $ 250, to work with the Escrow node, active participation in the platform is required. This participation consists in resolving disputes between buyers and the seller based on the information provided.
After the escrow node receives a notice to resolve the dispute, it must review the trade logs. After consideration it may be clear who the honest party is based on the information provided. However, if more information or evidence is required; the escrow node may request this information before making a final decision. To achieve the result, 3 identical sequential solutions are needed.
After the escrow node receives a notice to resolve the dispute, it must review the trade logs. After consideration it may be clear who the honest party is based on the information provided. However, if more information or evidence is required; the escrow node may request this information before making a final decision. To achieve the result, 3 identical sequential solutions are needed.
One of them identified the escrow nodes that will be rated by users. The higher the rating, the more likely it is that further cases of dispute resolution will be considered in the future; which leads to an increase in income for the holder of the target deposit.
INFORMATION:
Authors: YarisRiyadi1st
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1756824;sa=summary
My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
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