[bisq-network/proposals] Automatic renewal of taken offers (#242)

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Wed Jul 29 20:24:40 UTC 2020


> _This is a Bisq Network proposal. Please familiarize yourself with the [submission and review process](https://docs.bisq.network/proposals.html)._

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There are now proposals to automatically confirm receipt of XMR (#239, in development by chimp1984 and wiz) as well as of atomic swaps BTC-BSQ (in development by sqrrm) which will speed up the trading. There may in the future be implementations to automatically confirm receipt of other altcoins also.
It would be very helpful in these cases for traders to have an option of automatic renewal of their offers in case one is taken. This will make trading almost automatic and fulfil most of the wishes of market makers. The increase in trading speed will be very large and probably increase the trading volume on Bisq. This proposal will not eliminate the need for an API, but will complement it.

I thus propose that autoconfirm-enabled offers can automatically be renewed in case it has been taken. A userdefined limit of the number of renewals should exist.

The implementation should be fairly straightforward since no communication with peers is required.

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