[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)

initCCG notifications at github.com
Tue Oct 27 02:33:37 UTC 2020


One of my associates brought up some data he thinks useful to support the case I tried to make that Bisq arbitrators are not under any imminent threat of attack. So, the arbitration protocol could be returned to the previous 2 of 3, until radically better idea appear.

To the cryptosphere, Bisq's main bread is XMR, which is 60% of the trade volume:
https://coinmarketcap.com/exchanges/bisq/
However, as a % of the overall XMR trade, XMR volume on Bisq is 0.00%.
https://coinmarketcap.com/currencies/monero/markets/
Have to go to 76th ranking on market cap to find!

Let's say that's wrong, and it's far more - several %! That's still insignificant for most traders to even participate, as we well know, much less for legal and illegal criminals to attack Bisq contributors.

Furthermore, behold the current report from the most organized of criminals regarding "INTERNET ORGANISED CRIME THREAT ASSESSMENT":
https://www.europol.europa.eu/activities-services/main-reports/internet-organised-crime-threat-assessment-iocta-2020

OpenBazaar is going out of business, is centralized around the OB1 corporation, appeared around the time Bisq did, and was mentioned in the report.
Particl appeared only a couple years ago, and mentioned in this report.

Bisq is not even mentioned!!! AFTER 4 YEARS! It is so insignificant, that these gangsters didn't even care to mention it as a false boogyman!

The point is that until Bisq starts to get single digit volume at least on XMR, and appears on the radar of at least such organized, well-funded thugs, its founders and operators need not hide or decentralize.
DAO needed for funding? OK, great! These other decentralization initiatives are so far solutions without a problem, until Bisq is actually in at least as much demand in the crypto markets as its lamest competitors above. 



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