Permissionless - the protocol is public infrastructure for commerce which
anyone can use.
Simple - the protocol is simple enough for end users and understandable
enough for developers.
Reliable and available - in order to be used as ubiquitous commerce
infrastructure, the protocol is built natively in the Web3 ecosystem.
Open and fair - the protocol has been designed and built to enable
progressive decentralization. As a result all early design decisions have
taken decentralization into account.
Efficient -the protocol minimizes the cost and number of on-chain
transactions.
Optimistic - the protocol makes optimistic assumptions that the happy path
will be followed.
Automated - the main dispute resolution payload is handled by the Mutual
Resolution game theoretic mechanism, with escalation to a semi-trusted third
party (sTTP) Dispute Resolver by exception only.
Trust-minimized - involves, for escalated disputes only, an Escalated
Dispute Resolver (EDR) who is a commoditized service provider with minimal
market power.
Cost-mutualized - the cost of the escalated disputes is mutualized across
multiple Seller transactions to reduce the cost impact, especially on low
value transactions