dkarbservs0

Deciding what should be included in the terms is up to you, but here are some common things you should consider including:

Identifying information. To verify your identity, you can also publish your public key in other profiles you own (like Reddit, Twitter, Facebook, bitcointalk, bitcoin-otc, etc) and include links to those messages in the terms. Contact information (phone number, email/bitmessage address, etc). Your fees: This could be either a fixed amount, or as a percentage of the transaction. You can choose to charge for all transactions (usually a smaller fee), only for disputed transactions (usually an higher fee), or a combination of both. When and how you’re expecting to be paid: If you’re charging fees for all transactions, you should be paid in advance when the transaction begins and ask the parties to contact you for the payment arrangements prior to starting the transaction. If you’re charging fees for disputed transactions only, you can be paid from the multisig balance when you’re first contacted about the dispute. The party approaching you could sign a transaction paying you your fees, and return the rest of the funds to the multisig as change. Make sure not to investigate the case or give your ruling prior to being paid. Whether you should be contacted prior to making a transaction with you as the arbitrator. Expected response time. How do you handle cases where one party isn’t responsive (e.g. if one party does not respond to your inquiries within 2 weeks, the funds would be sent to the other party). If you’re offering multiple tiers of service, describe each of them and provide names for the tiers, so that the parties could easily mention that in their terms. Any other information about your dispute resolution process.