[bisq-network/proposals] Using PoW for the P2P network messages as dos protection (#268)
chimp1984
notifications at github.com
Sun Nov 15 20:25:17 CET 2020
Yes the idea for some sort of "trusted sellers" might be an idea. They can be bonded. But buyer who is lazy and takes an offer but never sends fiat has nothing to lose... if seller has not locked up btc beside the trade amount he would have a bit less risk, but still not sure if its worth it. But trying out some experience where users can get some extra previlege by locking up BSQ mitght be interesting and a path to something which can later be used more general.
E.g. might lead to the off chain trade protocol or a new idea in that direction.
With the new idea in #279 the requirement to have locked up funds would vanish, so that would change quite a bit.
But we have to take care not to design a system which lead to having a few big market makers who act as kind of sub-exchange and would be a problem for privacy (if many traders trade with them, they become a honeypot) and they would risk regulatory issues if they operate as professional traders/company. Shutting them down then would hurt Bisq as well as a large part of liquidy would disappear then.
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