Initiation & Mediation

In the protocol’s original design, the platform’s interaction with the SCEA was via a mediator attribute, granted permission by the owner to initiate transactions by locking funds in escrow, and also confirm transactions in the event of a dispute.

However, having a single entity responsible for both order initiation and mediation introduced risks of overexposure and overdependence on a single point of failure.

​

Separation of Concerns

To enhance the system’s security and decentralization, two separate entities, each with different private keys, are now responsible for initiation and mediation respectively.

​

Initiator

• The initiator is now solely responsible for order initiation and locking funds in escrow.
• Users grant the initiator permission to initiate transactions and lock their funds in escrow.
• This separation ensures that the initiator’s actions are limited to the transaction initiation phase, reducing the risk of overexposure.

​

Mediator

• The mediator handles order confirmation and the resolution of disputes.
• In cases of disputes, the mediator confirms the orders and transfers the tokens to the appropriate party (buyer or seller).
• The mediator operates with a separate private key, ensuring a clear distinction and independence from the initiator.