[bisq-network/proposals] Bisq v2 (#118)

FĂ©lix notifications at github.com
Mon Sep 16 11:37:27 UTC 2019


My concern about bonding and DAO confication of the bonds is that it is not very scalable. Imagine having 1 million users and 0.1% of them being scammers... 1000 scammers could create 1000s of conflicts a month... would we need a DAO confiscation vote for each? It culd easily turn into a DDOS attack vector.

With a pure Mutually-Assured-Destruction 2-of-2 multisig protocol you could have bonds (in BSQ or BTC) without the need for the DAO to intervene. 

I believe that with:

-2-of-2 multisig security deposit (up to 110% of trade amount)
-Mediation
-Web-of-trust (identity-less reputation)
-Account age filters

You could have a safer, more scalable system which also requires less radical changes to Bisq... 

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