Maybe I am not explaining the concept correctly or do not understand the existing payment process.
lets set a senario…
“B” is the buyer and “S” is the Seller/
B has EGC and wants to buy a product/item.
B goes to checkout and fills the Billing Details and any Additional Information.
The selects cointopay and sends them the amount in EGC.
How dose the seller get the amount in his wallet?
As a seller i have to set a price in USD and cointopay can change it at any rate they please (just like paypal in fiat situation) which meses up the hole concept of cryptocurrency.
at the moment https://evergreencoin.org has the price ratio at 0.00980281 while a certain alt market has it 0.06 and thats quite a spread!
I would love to sell a item for 11 egc and get that amount.
I believe that EGC have a future and thats why i am attempting to suggest a more transparent Payment process.
BTW I want the webpage to “monitor” the transactions in the favor of transparency I never suggested under the counter payments.
This reply was modified 8 years, 6 months ago by egc4vape.
Donations are tax deductible in the USA and greatly appreciated from everywhere!
Putting economics to work for our ecosystem
By possessing EverGreenCoin you become the backing of EverGreenCoin. Your support in doing so helps all of our initiatives. By mining (aka 'Staking') you help even more and are rewarded for your computational work. Participants and donors are free to trade or sell EGC on the secondary markets. EverGreenCoin Foundation, Inc. does not receive any profits or financial benefits from these or any sale or trade of EGC on the secondary markets.