#web3 based dispute resolution platform

[miaarley]

Settling Scores in the Blockchain Age: Web3 Arbitration & Mediation Explained

Introduction

Web3, a blockchain-based decentralized internet, has recently emerged, revealing many new possibilities. From play-to-earn games and virtual land ownership in the metaverse to the flourishing NFT market, Web3 is a digital frontier filled with possibility. Nevertheless, arguments are bound to arise due to venturing into uncharted territory.

As in the real world, disagreements might emerge in the Web3 environment. Finding your way through disputes involving stolen NFTs, virtual land purchases that don't work, or play-to-earn games that break the contract can be overwhelming. Fortunately, conventional legal action isn't your sole choice. Web3 arbitration and mediation are two of the creative dispute resolution options offered by Web3.

Extending Beyond the Jury System

In Web3 mediation and arbitration, the previous rules are null and void. Envision a system that encourages openness, immutability (the ability to not alter records), and community involvement. That's the essence of Web3 conflict resolution. Here's what sets it apart:

Smart Contract Law

Gone are the days of lengthy contracts. In Web3, the terms of agreements can be encoded within smart contracts – self-executing algorithms on the blockchain. These contracts can automate certain aspects of conflict resolution, like commencing mediation or releasing monies held in escrow upon a settlement.

Decentralized Arbitrators

Ditch the expensive judicial battles and exorbitant lawyer expenses. Web3 arbitration leverages a pool of validated community members or even AI-powered algorithms to act as arbitrators. This assures a neutral and maybe faster resolution compared to regular courts.

Tokenized Incentives

Web3 thrives on a collaborative spirit. Participation in the arbitration process might be motivated via crypto tokens, rewarding people who contribute to fair and efficient dispute settlements.

The Benefits of Web3 Dispute Resolution

Web3 arbitration offers a variety of advantages over older methods:

Cost-Effective

Web3 arbitration is supposed to be a more cheap approach to resolving conflicts. By taking out intermediaries like lawyers and court expenses, the procedure becomes much cheaper.

Faster Resolutions

No more waiting years for a court date. Web3 arbitration can expedite the process, offering swifter solutions. Disputes might be resolved in weeks or even days.

Transparency and Immutability

The entire arbitration procedure is recorded on the blockchain, a tamper-proof public ledger. This promotes transparency for all parties involved and removes the danger of records being manipulated.

Community-Driven

Web3 arbitration uses the power of the metaverse community to resolve conflicts fairly. Disputes are decided by individuals familiar with the special protocols and conventions of the Web3 area.

Web3 Mediation

While arbitration entails a binding decision given by an arbiter, Web3 mediation offers a more collaborative approach. A neutral third party, the mediator, encourages conversation between the opposing parties, directing them toward a mutually accepted conclusion. This strategy can be particularly effective for preserving relationships among the close-knit Web3 groups.

The Future of Web3 Dispute Resolution

Web3 dispute resolution is still in its fledgling phases, but it holds great promise for the future of the decentralized web. As Web3 continues to improve, we can expect to see significant advancements in:

Standardization of Rules

Developing clear and defined rules for Web3 arbitration and mediation will create a more predictable and efficient framework for dispute resolution.

Integration with DAOs

Decentralized Autonomous Organizations (DAOs) – community-run entities on the blockchain – can significantly develop and implement dispute resolution procedures within their ecosystems.

Development of Specialized Platforms

Dedicated web3 online arbitration and mediation systems are emerging, offering faster processes and user-friendly interfaces for settling disputes inside the Web3 environment.

Conclusion

Web3 dispute resolution promises a paradigm shift from the existing judicial system. With its focus on speed, affordability, transparency, and community involvement, it gives a compelling alternative for settling scores in the blockchain age. As Web3 continues to expand, web3 online arbitration and mediation services are positioned to become the go-to solutions for resolving conflicts within this fascinating new frontier.

[cryptotechnews24]

PayPal On and Off Ramps: Cryptocurrency Revolution in the US

In a significant development for the world of online payments, PayPal, the global industry giant, has unveiled a game-changing feature known as "PayPal On and Off Ramps." This innovative integration with PayPal's existing services opens up new horizons for Web3 merchants, allowing them to readily accept cryptocurrency payments from their customers in the United States. Let's delve deeper into this groundbreaking offering and explore how it can transform the landscape of digital transactions.

The Power of PayPal On and Off Ramps

PayPal On and Off Ramps serve as a bridge between the world of traditional finance and the burgeoning Web3 ecosystem. This integration extends the capability of PayPal's existing service, which already permits US consumers to purchase and sell cryptocurrencies backed by PayPal. Now, it empowers wallets, decentralized applications (dApps), and NFT marketplaces to seamlessly integrate with PayPal's robust payment platform.

Enhancing the Customer Experience

One of the key advantages of PayPal On and Off Ramps is the unparalleled convenience it offers to users. Customers can now swiftly buy and sell cryptocurrencies within the United States, all while benefiting from PayPal's robust fraud management, chargeback protections, and dispute resolution tools. This added layer of security ensures a safe and worry-free transaction experience for both buyers and sellers.

Unlocking Opportunities for Web3 Merchants

Web3 merchants are poised to reap substantial benefits from this innovative feature. By integrating with PayPal, they gain access to a reliable payment ecosystem that has garnered trust among millions of users worldwide. This partnership opens the doors to an expanded user base, as customers can seamlessly use their PayPal accounts to engage with Web3 platforms.

Seamless Crypto-to-USD Conversion

In addition to empowering Web3 merchants, PayPal On and Off Ramps also cater to crypto wallet users in the United States. These users can now convert their cryptocurrency holdings into US dollars directly from their wallet to their PayPal balance. This flexibility enables them to shop, send money, save, or transfer funds to their bank or debit card with ease.

PayPal's Perspective

PayPal has expressed its enthusiasm for this groundbreaking feature, emphasizing its commitment to facilitating cryptocurrency adoption and usage: "By adding Off Ramps, crypto wallet users in the US can convert their crypto into USD directly from their wallet to their PayPal balance so they can shop, send money, save, or transfer to their debit or debit card."

Accessible on MetaMask

To make this feature readily available to users, PayPal On and Off Ramps can be accessed through MetaMask, one of the most popular crypto wallets and browser extensions. This integration with MetaMask enhances accessibility and ensures that a broad user base can leverage the benefits of cryptocurrency transactions with ease.

Conclusion

In conclusion, PayPal On and Off Ramps represents a significant milestone in the evolution of digital payments and the adoption of cryptocurrencies. It empowers Web3 merchants, crypto wallet users, and the broader online community to embrace the potential of digital assets securely and conveniently. As this feature continues to gain traction, it paves the way for a future where cryptocurrency payments become as commonplace as traditional methods. Please note that this article provides information and does not constitute investment advice. For more articles visit: Cryptotechnews24  Source: en.bitcoinsistemi.com

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[weekinethereum]

January 18, 2019

Ethereum News and Links

Constantinople postponed

The day before the scheduled Constantinople upgrade fork, ChainSecurity found that EIP1283 potentially allowed deployed contracts to be vulnerable to a re-entrancy attack. There was no bug in the EIP per se, but it broke an implied invariant for a small but then-indeterminate amount of deployed code. Hence, out of an abundance of caution but with limited time for the community to come to consensus, Constantinople was successfully postponed.

A full post-action report by Trail of Bits, ChainSecurity, and Eveem. They proffer a different alternative to 1283 - refund difference of intended cost of writes. Magicians thread on 1283 alternatives and thread on invariants.

New ConstantiNOPE client releases by which the fork was avoided (update if you haven’t): Geth, Parity (stable) and beta, Trinity, Nethermind, Pantheon, Ethereum on ARM

Constantinople is set for block 7280000, around Feb 27. EIP1283 is not included.

Layer 1

[eth1] Ethereum State Rent Proof of Concept

[eth2] Ben Edgington: exploring Eth2.0 design goals

[eth2]  James Prestwich: An engineer’s guide to eth2. See also Vitalik’s annotations.

[eth2] Latest Eth2.0 implementers call. agenda to follow along

[eth2] What’s New in Eth2

[eth2] Prysmatic dev update

[eth2] Lighthouse dev update

[eth2] Lodestar dev update

[eth2] Dean Eigenmann and Eric Tu are implementing the Beacon Chain in Swift

[eth2.x] What CBCifying the beacon chain would look like

[eth2.x] Bitwise LMD GHOST: an efficient CBC Casper fork choice rule

Swarm v0.3.9

Layer 2

OmiseGo Plasma update

Encumberments as a common mechanism in sharding and L2

Plasma snapp-1-bit

Aragon’s Voting Relay Protocol for optimistic vote counting

Connext dev update

Loredana Cirstea on building CryptoBotWars on Raiden

Stuff for developers

0x dev tools suite: compiler, tracer, code coverage measurer, and gas profiler

Trail of Bits’ Slither v0.5.0 static analyzer

Panvala’s first token grant applications

A flow chart analyzing the potential EIP1283 attack

Using the Truebit file system

Rust bindings for the Solidity compiler

Python REST api for JSON-RPC Infura calls

On efficient Eth addresses to eek out gas savings

Automatic authentication signatures for web3

Mintable’s SDK to generate ERC-721s

Piñata on IPFS economics. And an SDK for pinning on IPFS with Piñata

Web3 yeet wraps most common web3js operations for one line use

draft of code for ENS permanent registrar

Live on mainnet

Augur interface Veil launches on mainnet

STK payment channels live on mainnet

Urbit Address Space live on mainnet. You may find the Urbit Primer useful

Ecosystem

The Year in Ethereum 2018. #longreads

Andrew Keys’ 2019 predictions

New ENS manager

Parity Fether v0.2 beta light-client based wallet

Austin Griffith: onboarding new users with Burner Wallet point of sale

New Etherscan beta site

Enterprise

Quorum v2.2.1 and Tessera v0.8

Oaken Innovations’ toll road transactions pilot

Governance and Standards

Latest core devs call. Agenda to follow along.

List of Aragon proposals up for a vote on the 24th.

2019: the year of the DAO?

Kristy-Leigh Minehan on ProgPoW tradeoffs between Nvidia and AMD

ERC1710: URL format for web3 browsers

ERC1700: non-exhaustible token

ERC1702: generalized account versioningscheme

ERC1707: version byte prefix for account versioning

Application layer

0x roadmap: ZEIPs. Also a new look 0xTracker.

Understanding the risk/reward of providing Uniswap liquidity

Ari Juels on Chainlink and TownCrier

Brave’s opt-in ads paying 70% to user are live in their dev release. I tried it - slightly unexpected, but I like it.

Monetha’s decentralized reputation framework

Ryan Yi on Augur’s dispute resolution mechanism and US Congressional elections

Gnosis to prime the liquidity pump for DutchX with some DAI/ETH orders

Althea beta release “to dynamically route, buy, and sell bandwidth” with Eth

Maker to completely rebuild Oasis and will remove OasisDex and Oasis.direct frontends on Jan31

Interviews, Podcasts, Videos, Talks

Multiparty Computations episode of Zero Knowledge

Andrew Keys talks ConsenSys 2.0 on Decentralize This

Decentralized Data Now call. Formerly open source block explorers

Andy Bromberg on the Smartest Contract

Settle’s Scott Lewis on Into the Ether

Tokens / Business / Regulation

Status app store curation mechanism

Brooklyn Project: the state of regulation in 2019

Continuous Organizations 1.0

de la Rouviere: Moloch DAO and collapsing the firm

General

Implementing secp256k1 on Secure Scuttlebutt (SSB) to create cross-platform Ethereum-Scuttlebutt applications

Ex-BitTorrent employee Simon Morris on lessons for crypto from BitTorrent (link to part 1 of 4)

CBInsights: how blockchain could disrupt insurance

Shapeshift on 2018 law enforcement requests

Profile of DuckDuckGo and founder Gabe Weinberg

Gitcoin planning on experimenting with Liberal Radicalism with its grants

Dates of Note

Upcoming dates of note (new in bold):

Jan 23 - Infura Project ID prioritization

Jan 24 - List of things for Aragon vote, including on funding original AragonOne team

Jan 25 - Graph Day (San Francisco)

Jan 29-30 - AraCon (Berlin)

Jan 30 - Feb 1 - Stanford Blockchain Conference

Jan 31 - GörliCon (Berlin)

Jan 31 - Maker to remove OasisDEX and Oasis.direct frontends

Feb 7-8 - Melonport’s M1 conf (Zug)

Feb 7 - 0x and Coinlist virtual hackathon ends

Feb 15-17 - ETHDenver hackathon (ETHGlobal)

Feb 27 - Constantinople (block 7280000)

Mar 4 - Ethereum Magicians (Paris)

Mar 5-7 - EthCC (Paris)

Mar 8-10 - ETHParis (ETHGlobal)

Mar 8-10 - EthUToronto

Mar 22 - Zero Knowledge Summit 0x03 (Berlin)

Mar 27 - Infura end of legacy key support

April 8-14 - Edcon hackathon and conference (Sydney)

Apr 19-21 - ETHCapetown (ETHGlobal)

May 10-11 - Ethereal (NYC)

May 17 - Deadline to accept proposals for Instanbul upgrade fork

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[miaarley]

web3 online arbitration and mediation

Navigate the future of fairness with Law Blocks, the Web3 pioneer in online arbitration and mediation. Experience dispute resolution with transparency, efficiency, and the power of decentralization.

[weekinethereum]

November 24, 2018

News and Links

Layer 1

[Eth 2.0] What's New in Eth2

[Eth 2.0] Notes from last Eth 2.0 implementer call

[Eth 2.0] Beacon chain explainer

[Eth 1.x] Casey Detrio: a half-backed Ethereum 1.x roadmap. See also Martin Köppelmann’s tweetstorm if you prefer a quicker but not as thorough version.

[ewasm] Latest ewasm call with walkthrough of testnet setup and deploying code

[wasm] Fransham: why WASM vs EVM

“The bomb” will be different than last time. We’ll start seeing a spike in block time in mid-Jan if the fork hasn’t been implemented

Layer 2

This map of Plasma is very cool, so is the associated writeup

Short RSA exclusion proofs for Plasma Prime

Game channels from DAO Casinos: state channels with randomness paper, a la FunFair’s Fate Channels

Raiden v0.17

POANetwork’s ERC20 to ERC20 bridge.

BLS DAG sidechain idea

Kauri’s dive into how to use sidechains

SNARK based Side-Chain for ERC20 tokens

Stuff for developers

Waffle: a testing framework based on ethers.js and mocha

Meadow: dev and testing framework written in cross-platform C# with .NET Core

web3 React: build single-page dapps in React with hooks

More on Parity’s light.js for building dapps on a light client

CryptoZombies lesson #9: ERC721x

Yakindu Solidity language server - all the IDEs

Kyber trading API

Kyokan’s chaind: caching layer in front of any Ethereum JSON-RPC endpoint

OneClickDapp: “instantly build a dApp with a simple URL to bookmark or share with a friend.”

Austin Griffith’s sandbox for playing with MolochDAO

How to query Ether supply in BigQuery and plot the number of Ethereum addresses

Getting started with Eventeum

Truffle v5.0.0-beta.2 - Solidity v0.5, Vyper support, and update to Web3.js 1.0.0-beta.36

Samuel Furter: my first 3 months maintaining web3.js

How to use Mythril Classic to find bugs

LevelK discovers a potential exploit of exchanges if they were not using best practices. If exchanges fail to put a gas limit on contract calls, then that enables an attacker to drain an exchange’s hot wallet, or potentially use GasToken to profit.

Panvala’s token grants for making Ethereum safer will start in the next 2 months.

AirSwap’s Keyspace: e2e encrypted messages with Ethereum and IPFS

Palladino: the transparent proxy pattern in Zeppelin

Ecosystem

MetaMask’s Mustekala light client that also shares pieces of the chain over libp2p

VIPNode releases a demo to incentivize full nodes serving light clients.

An overview of the Gnosis Safe’s features

Security considerations for Shamir’s secret sharing in Dark Crystals

A working proposal for permanent ENS register and why there will not be Harberger taxes in ENS

Safe zero confirmation payments in Ethereum (by using a bond)

The mission and practices of Ethereum Magicians

Stureby POW testnet to test Constantinople changes and how to help test.

Görli testnet explorer and their bounties initiative

Client-related

Pantheon v0.8.2

Trinity v0.1.0-alpha.17

EthereumJS VM v2.5.0: Constantinople fork ready, full consensus, StateManager

Enterprise

Pantheon video tutorial: start a private blockchain in Java with Docker

Governance and Standards

Latest core devs call. Here are the notes.

Also, the notes from the Devcon meetings that were discussed on the core devs call. Sometimes there are private meetings, Parity CTO Fred Harrysson summed it up well.

Ethereum Dispute Resolution Alliance, joint work on research and standards by Bounties Network, Aragon, and ENS

ERC820 pseudo-introspection registry in last call

ERC875 better NFTs to last call

ERC1592: Address and ERC20-compliant transfer rules

ERC1616: Attribute registry standard

ERC1621: Referral interface

ERC1620: Money streaming continuous payments over time

EIP1601: only full blocks get full mining reward

Project Updates

Golem graphene-ng demo and how to make SGX usable in decentralized scenarios

Aragon: the future of organizations and their first governance proposal passed with 99.97%

Status v0.9.31 - includes eip1102 for better privacy

AXA's Fizzy flight delay insurance expands to cover 80% of all flights

Melon supply: burning 248k now, may do another competition with ~70k already minted. 300k to be printed annually, but fees paid in Eth will buy and burn Melon.

Interviews, Podcasts, Videos, Talks

Maker’s Martin Lundfall on Smartest Contract

Prysmatic’s Preston Van Loon on Penn Blockchain podcast

Latest Open Block Explorers community call

DeFi Summit videos in Prague

First Görli testnet contributors call

Scuttlebutt’s Dominic Tarr with Arthur Falls

I missed this from web3summit: Jeff Burdges and Robert Kiel on mixnet instead of Whisper

Vlad and Gav debate governance on Zero Knowledge

Tokens / Business / Regulation

Neufund is doing their equity token offering on December 8th (whitelisting opens Nov 27th) but regulators forced them to raise the minimum to 100k euros. Interesting tweetstorm commentary.

Personal Token Economics with your own bonding curve

A bonding curve to decentralize how apps get listed in Status

Automatically roll one-week long/short contracts from Daxia (formerly DDA) using SetProtocol

[Between Apple, Facebook, Nasdaq, Ethereum and Bitcoin], “Ethereum feels like the easiest one to make a bull case for right now." - Fred Wilson

Fundamental questions to ask yourself about blockchain investing. I wrote this.

General

You can now buy Mastering Ethereum by Andreas Antonopoulos and Gavin Wood

Newsweek does an Ethereum profile

Bakkt moves launch data target to Jan 24th

EOS: an architectural and economic analysis. Apparently under real world conditions, EOS doesn’t do more transactions per second than Ethereum despite a large compromise on decentralization

There were widespread reports that a game with tradeable Ethereum NFTs had passed Sony review for the PS4, but I’m skeptical of anything I only find in crypto media.

IMF paper on central bank digital currencies

Overstock said it would sell the retail business to focus on blockchain/TZero security token exchange. The stock went up ~25%.

Dates of Note

Upcoming dates of note (new additions in bold):

Dec 7-9 - ETHSingapore hackathon (ETHGlobal)

Jan 10 - Mobi Grand Challenge hackathon ends

Jan 29-30 - AraCon (Berlin)

Feb 7-8 - Melonport’s M1 conf (Zug)

Feb 15-17 - ETHDenver hackathon (ETHGlobal)

Feb 23-25 - EthAustin hackathon (EthUniversal)

Mar 5-7 - EthCC (Paris)

Mar 27 - Infura end of legacy key support (Jan 23 begins Project ID prioritization)

If you appreciate this newsletter, thank ConsenSys

This newsletter is made possible by ConsenSys, which is perpetually hiring if you’re interested.

I own Week In Ethereum. As such, editorial control has always been 100% me.  If you're unhappy with editorial decisions or anything that I have written in this issue, feel free to tweet at me.

Housekeeping and shilling

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I set a goal to grow the subscriber base of this newsletter to 10000 by the end of the year. It’s at 7900 now. That goal might’ve been ambitious. Need more people to double subscribe with Stoop so I can hit my vanity metric.

Link:  http://www.weekinethereum.com/post/180462051998/november-24-2018

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