[bisq-network/proposals] Arbitration-free trading (#84)

Mats-Erik Pistol notifications at github.com
Mon May 27 09:49:01 UTC 2019


This is a minimal change proposal so the BTC of the seller is locked as usual. 
I doubt blackmail will be a problem in practise, and if it starts to arise the sellers will require a higher security deposit of the buyers. A sufficiently high security deposit for the buyer will make it worse to be a buyer (buyer pays, seller starts to blackmail for more fiat before releasing). 
It is thus so helpful if the takers could see, at least roughly, how high the maker-buyers security deposit is. Maybe with a some type of quantitative indicator or a set of stars. This indicates the degree of commitment of the buyer.

I don't think the DAO community realises how fragile the arbitration system is. There are now two arbitrators. If they quit, who will find the next trusted arbitrators?





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