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

[Félix]

> 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.

@chimp1984 

Sure, I meant that given that we do still have arbitrators, giving them signed txs, like we already do to send funds to the donation address, could open the door to more automated resolution and thus reduce workload for existing arbitrators which was the problem that this proposal brought up.

If the options are very clearly defined and based on objective parameters (eg: buyer/seller does not respond) it would allow the arbitrator to just click on a box and spend only a few seconds to resolve (once time runs out).

What's more this "multiple choice" conflict resolution would eventually open the door to automated arbitration once the API is up and running.

If the Trusted Third Party is an open source algorithm that would be very easy to scale.

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/proposals/issues/233#issuecomment-651711394
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20200630/ce9a6bd2/attachment.html>