[bisq-network/proposals] Replace the role of Refund Agent with a new team of Arbitrators that can together publish one of several pre-signed 2 of 2 multisig timelocked payout transactions as proposed by a Mediator (#220)

Félix notifications at github.com
Fri Nov 13 12:21:06 CET 2020


Bisq _will_ come under attack by regulators as soon as volumes become significant. That could happen as early as 2021. When that happens any person that touches funds or has any kind of control of user funds (ie: the 3rd signature) will have legal responsability and can be accused under AML regulations at least in the EU, US.

Any TTP will be a central point of attack. Even devs will come under attack, but at least as open source software Bisq should be fairly resilient to devs having to quit over those concerns.

We need to come up with solutions that remove those vulnerabilities for good.

For some alts atomic swaps should work (especially BSQ).

For fiat-BTC maybe a combination of 0.01 BTC MAD 2-of-2 trades + instant payment method + API could create a kind of payment channel...


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