[bisq-network/bisq] Hide security deposit option in create offer screen by default (#1783)

Chris Beams notifications at github.com
Wed Oct 31 14:34:16 UTC 2018


> So the arbitrator receives only the trading fees?

Correct.

> What is his motivation to resolve the issue then

Avoiding reputational damage both for himself and for Bisq as a project.

> and even more importantly, what is the penalty of being wrong?

Again, reputational damage is the answer. When arbitrators make mistakes, traders are quick to report it, usually via the forum, and arbitrators tend to be very quick to make amends. If Bisq were to get even the slightest reputation of having corrupt, lazy or incompetent arbitrators, it would mean possibly irreparable damage for the project. This is one of the reasons why arbitration is such a high-trust (and therefore will be such a high-bond) role.

Remember that users have the ability to blacklist arbitrators that they believe have acted unjustly. This is actually going away in 0.9.0 for security-related reasons, and I don't know how important that mechanism has been to date, but it's one I always liked, as it puts power in the users' hands to choose who they're willing to do business with.

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