[bisq-network/proposals] Promote @huey735 to full support agent (#183)

huey735 notifications at github.com
Tue Mar 10 13:42:19 UTC 2020


It can be summed up as the following

## At present every trader needs to trust the holder of the Bisq donation address:

### Why?
With the current trade protocol, like the previous one, every btc trading fee goes directly to that address at the make and take offer stage. But also the security deposit and btc trade amount may go there if the amount locked in the 2-of-2 multisig isn't released in a amicable manner by the two traders. After 10 days for altcoins and 20 for national currencies trades, either of the traders can request arbitration and in doing so send the funds to the Donation Address and losing custody of their funds. I'm not sure this is clear to traders.

Firstly, the traders are trusting the Donation Address Holder to not run away with their security deposit and or trade amount in case of an arbitration. Secondly, and more importantly, the traders are trusting the Donation Address Holder to not make/take offers and simply wait till the funds are deposited in their address.

Plus we need and can to expect the Bisq Software to behave inappropriately and cause the trades to not go as intended. So there may always be fees, security deposits and trade amounts that must be reimbursed to traders.

### These isn'tt new criticism

Previous discussions:

- [New trade protocol](https://github.com/bisq-network/proposals/issues/52)
- [Bisq donation address huge risk?](https://bisq.community/t/bisq-donation-address-huge-risk/8618)
- [https://github.com/bisq-network/proposals/issues/135](https://github.com/bisq-network/proposals/issues/135)

After coming back, in the beginning of this year, and trying to better understand the new protocol and contrasting it to the previous one, the trust requirement became apparent to me. And putting myself in the position of a new trader coming to Bisq, the answer to the following questions didn't satisfy me:

* Do I need to trust anybody with my funds?
**Yes**

* Am I at the risk of losing custody of my btc during the trade process?
**Yes**

### Conclusion
We need to:
1. make clear to traders the risk they're incurring;
2. polish in the current protocol for more transparency, redundancy and monitoring;
3. come up with something better.

I'll be happy to continue contributing as I can in general. But uncomfortable holding the Support Agent role, being compensated for it and being associated with it. 

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