Both Parties Could Trick Each other In Absence Of Arbiter.
As It is mentioned that presence of Arbiter
is optional.
Let say Buyer and Seller agree on absence of an arbiter
Then Escrow contract created with no Arbiter
Seller provides his report
As Buyer Not satisfied with report, some sort of disagree occur in both parties
As Arbiter not present so dispute()
will not available.
Here 2 things happen,
- Buyer stays in his argue and didn't call confirmRecepient()
, so his fund remain locked in contract and seller gets
nothing.
- Or Buyer calls confirmRecepient()
and believe that he pays Excess to Buyer for his unstatisfied works
Manual review
Should re-consider the whole system working
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