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Suppose I want to create a domain escrow service. How can I escrow a domain transfer, eliminating all possibility of fraud? Suppose I know A and B. A wants to sell DDD.com and B wants to buy it.
The naive solution is
* I take B's money
* I ask A to change contact info and nameservers to B's indicated preferences
* A changes contact info
* when A confirms, I ask B to transfer the domain to their own registrar
* B transfers domain to his own registrar
* I pay A
But I see the following opportunity for fraud:
* A changes contact info and confirms
* I tell B
* before B gets a chance to act, A reverts the changes in his cPanel, and then transfers domain to X (which is an associate/alter-ego of A).
* now B claims he never had control of the domain; A claims that he is innocent, and that X is in fact an associate of B.
The escrow can't tell who commited fraud. What's the solution?
-- Dan
The naive solution is
* I take B's money
* I ask A to change contact info and nameservers to B's indicated preferences
* A changes contact info
* when A confirms, I ask B to transfer the domain to their own registrar
* B transfers domain to his own registrar
* I pay A
But I see the following opportunity for fraud:
* A changes contact info and confirms
* I tell B
* before B gets a chance to act, A reverts the changes in his cPanel, and then transfers domain to X (which is an associate/alter-ego of A).
* now B claims he never had control of the domain; A claims that he is innocent, and that X is in fact an associate of B.
The escrow can't tell who commited fraud. What's the solution?
-- Dan