you think it is easy to make bitcoin core ? how will your transaction will be carried out ? can you explain us ?
bitgo takes 0.25% for ONLY internal=>external wallet transactions. no matter the anount. in your case how you will figure out ?
Great ! now tell me please how much will you pay for withdrawing btc from your own node to an external one ? imagine that you have a website and it is integrated with your own node. one of your customer bought a btc from you. so he has 100$ btc in his wallet in your node. now he wants to send this amount to any website (buying something with btc) , so in this case how much transaction fee you will pay ?
Great ! now tell me please how much will you pay for withdrawing btc from your own node to an external one ? imagine that you have a website and it is integrated with your own node. one of your customer bought a btc from you. so he has 100$ btc in his wallet in your node. now he wants to send this amount to any website (buying something with btc) , so in this case how much transaction fee you will pay ?
let me explain this also. First of all in the crypterion script as you can see there is escrow system and once buyer and seller doesnt confirm the payment the amount is freezed in the website. This is because there is not many wallets. There is actually one wallet (admin wallet) and the rest of all are only shared wallets. So the full control is in admin (website owner). How your vendor will fraud you think ? impossible to fraud in this case. if your seller did not get payment fully then moderator enters and solves the issue. Another point is yes you can freeze the wallet , I mean you can edit the balance of any user from Datebase just in any case.
So as you see the 0.25% fee is not so big deal in compared with another's. As I told before it is quite low percentage in the market (0.25%) and it is beneficial for us I think.
Regarding with frauding vendors, I think you are not right again
you are not paying to bitgo per deal MATE
