[bisq-network/proposals] Bisq 2.0 - A simplified DEX (working title Sisq) (#331)

chimp1984 notifications at github.com
Tue Apr 27 00:43:41 CEST 2021


@flix1 

If I understand your proposal right it would only work between 2 traders who use a BTC/BSQ trade to lock up the deposit, then use that lockup funds as security for other out of band trades like LN-fiat. Once a trade is done they can re-use the already locked up deposit for another trade. 
But that limits it to 2 users who want to repeat traded which I assume is a minor use case. 
To re-use the bond for other trade would have the problems of the old off-chain trade protocol idea.

Btw. How can a transfer in LN be verified? As its not on-chain I assume there is no equivalent to a block-explorer, but only the 2 wallets show the transactions which would not be a strong evidence for a mediator. 

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