[bisq-network/bisq] Investigations for a new trade protocol (#5430)

[stopfeds]

I think that the current Mempool situation is just temporary and we'll have "normal" fees in 2-3 weeks but yeah, this is definitely a great possibility to start this discussion. The same as fee markets are the best phases to think about (off-chain) scaling solutions. Right now, there is nothing comparable to Bisq out there but as soon as the current trade protocol gets useless, there will be alternatives. 
The last few days clearly showed that Bisq needs to innovate, otherwise we'll fail sooner or later and Bisq will loose its position as best decentralized FIAT/BTC exchange.

Referring to Liquid and AMM, I just wanted to bring up a thought. Your doubts are justified but as you say, they are continously working on Liquid and as far as I know, the current way to convert L-BTC to BTC is not the final solution. I'd be happy if someone corrects me but I am quiet sure that there are plans to make this conversion more decentralised through your own node (or Bisq's nodes) - as you also move your BTC to Liquid.

I think it can also make sense to bring up USDT on Liquid to discussion. Maybe it can be useful for an AMM solution too or maybe it can be used as a fast "FIAT alternative".  BTC gets traded against USDT and not bank wires or Transferwise transactions. The only thing that really gets traded against FIAT is USDT on Liquid.

Gonna share this thread around, maybe some brainy individuals will help out.



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