Rejected payments shouldn't mean lost funds. Now, with the latest Unyt release, your funds automatically get reclaimed when a transaction is rejected.
This reclaim feature was incorporated into all three of the newly streamlined transaction workflows: Pay, Request and Trade. Combined with enhanced UI automation that handles single-choice steps for you, these workflows deliver smoother, faster peer-to-peer transactions across multiple currencies.
Agent-Centric Foundation
Traditional payment systems rely on centralized intermediaries to coordinate transactions.
Unyt takes a fundamentally different approach. Each participant maintains their own transaction record and validates their own actions. When you commit a payment, you're recording that action to your own chain of transactions. When your counterparty accepts, they record their acceptance to their chain. The network validates that both parties are following the rules, but there's no central coordinator deciding what happens.
This agent-centric architecture is what enables Unyt's unique capabilities:
- Multi-currency atomic transactions work because each agent validates their side independently, without needing a global consensus mechanism
- Asynchronous operation works because actions are recorded locally first, then synchronized peer-to-peer when other parties are available
- Automatic reclamation works because your agent can independently record the recovery of rejected funds without waiting for permission
Let's see how this plays out in the three transaction workflows.
Payments: Now You Can Reclaim Rejected Funds
Pay is the simplest workflow: send a payment to someone in a single transaction. Unlike blockchain systems that require separate transactions or liquidity pools for each currency pair, Unyt can handle multiple currencies atomically in one payment.
When you commit a payment, funds are immediately debited from your account. The recipient sees the incoming payment and can accept or reject it. If they reject it, your device automatically reclaims the funds and adds them back to your account.
If accepted: Funds are credited to the recipient's account and the payment completes.
If rejected: Your funds are automatically reclaimed. Previous versions had no way to recover funds from rejected transactions, making this one of the most requested features from the Unyt community.
Request: Ask for Payment
Request flips the script: you propose what you want to receive, and the other party decides whether to commit funds. This is perfect for invoicing, requesting payment for services, or asking someone to contribute to a shared expense.
When you create a request, no funds move yet. You're simply proposing a transaction. If the other party agrees, they commit their funds (debited from their account). Using your request as an indicator of your intention, your app can automatically accept on your behalf, crediting the funds to your account.
If instead, they reject the request, you simply receive a notification. There's nothing to reclaim since no funds were committed.
Trade: Negotiate Complex Multi-Currency Exchanges
Trade is the most powerful workflow, enabling you to exchange multiple currencies in both directions. Want to trade 10 HoloFuel + 50 Spore for 100 TFT? Trade handles it.
The Trade workflow has more steps due to its negotiation capability:
What makes Trade special is the ability to negotiate. After the initial proposal, either party can counter-propose with different amounts or currencies. This back-and-forth continues until you reach an agreement — or one party walks away.
Once acceptable terms are proposed, either party can commit their funds first. Any committed debits are immediately deducted from the committing agent's balances. If the other party accepts, the trade completes atomically: all debits and credits are applied, and both parties automatically receive their receipts. If the other party rejects, committed funds are automatically reclaimed.
This many-to-many atomic swap capability is unique. You're not limited by liquidity pools or trading pairs. You're negotiating directly, peer-to-peer, with the flexibility to offer and request whatever currencies make sense for your transaction.
Why This Matters
Atomic Guarantees: Every transaction is all-or-nothing. Either the complete exchange happens, or nothing does. No partial transfers, no manual cleanup.
Automatic Safety: Rejection triggers automatic reclamation. Recovery happens automatically without any additional action from you.
Peer-to-Peer Flexibility: No need for centralized exchanges or liquidity pools. You and your counterparty negotiate directly, propose terms, and execute when you're both satisfied.
Asynchronous Operation: Participants don't need to be online simultaneously. You can commit funds and go offline; the recipient responds when they're available. Coordination happens peer-to-peer, with your agent handling the synchronization.
Getting Started
All three transaction types are available now in Unyt v0.48. Access them through the transaction dropdown in the Unyt interface:
- Pay for straightforward transfers
- Request for invoicing and payment requests
- Trade for negotiated exchanges
Each transaction type supports multiple currencies in a single atomic transaction. The workflows handle the complexity; you just specify what you're offering and what you want.
Start with Pay to get familiar with the commit-accept-reclaim pattern. Move to Request when you need to invoice someone. Explore Trade when you're ready for multi-currency negotiation.
Ready to try smoother, safer transactions? Download Unyt v0.48 and experience automatic fund reclamation, multi-currency atomic swaps, and peer-to-peer flexibility firsthand.
