[bisq-network/proposals] Proposal to increase trade deposit to 30% (#233)

chimp1984 notifications at github.com
Mon Jun 29 14:59:21 UTC 2020


> It also combines well with higher (voluntary) security deposits. It can be done with pre-signed txs so no need to change trade protocol or 2-of-2 multisig.
> 
> AND it does not require funds to flow through the donation address. So no centralized honeypot to hack, refunds to make or decisions for the DAO.


I dont understand how that could work from a technical and security point of view. If you refer to the closed proposal with SSSS, that got considered as unsafe and was closed after I posted my concerns. In short: pre-signed payout txs cannot be held by traders as that would incentivise them to try to execute the best outcome for themselves. If it is sent to a 3rd party we have a TTP problem and are back to old arbitration system but just with a more complicated implementation.
The only way it could work would be if there would be trustless oracles and altcoin transfer could be validated in a secure way. But even there might be reasonable good solutions out there they might not be  good enough when higher amounts are at stake. As well we don't have dev and research resources to go that direction.


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