[bisq-network/projects] Message board for multi-protocol project (working title Misq) (#51)

[chimp1984]

@pazza83 

> I am a little confused with what aspect this project is looking to test with the creation of a message board. Is it the social trading aspect? or both the social trading aspect and the collateral aspect (if taken to Bisq)?

Not really the social aspect, rather to bring the keybase OTC model into Bisq and further develop it to see if the no/low security model has sufficient demand and if it can work in a little broader context as in keybase. 
Beside that it comes with the UX challenges how to deal with many multiple types of trades and multiple secruity models. So it will help us to figure out early if that can work or there are massive problems.
And further its an option to bootstrap the new P2P network without serious risks. 

> Would traders build up reputation on a burner account?

They could use that to share then their real account but not have exposed their real account to the public but only selectively after one requests to trade.

> If the message board became popular...

Yes I agree it will likely become problematic as soon its larger. But its intended only as a first cheap test, as soon the P2P network is there we have already better tools to deal with spam/scammers. As @ripcurlx posted to add access control via coupons shared to friends might be an approach and would introduce some social aspect. 
I assume there are quite large Telegram OTC trade channels which work even in the present of scammers. But I am not experienced with that as well... so it will require more investigations and learning.
Another approach can be to have friends networks, which are by default private publish/subsriber channels and you need to get an invite from a friend. That will automatically build up some sort of web of trust and that help to avoid abuse. Those coupons could be derived from Bisq security metrics like account age witness.
But I think its too early to try to solve all potential problems now. We can declare it clearly as experiment which might get stopped any time if we see its not working, similar as we did with the keybase OTC channel.

> I have experienced this a few times in trader chat when someone asks for an offer to be posted only for them not to accept.

I think that use case might be a bit out of scope for the base experiment. Lets focus on the more straight use cases where people post offers. More complex interactions/contracts can be added over time if the simple stuff works good enough.

> In your comment here bisq-network/proposals#330 (comment) it suggests a trade fee be made when making / taking an offer. I think this would be a great way to negate the issue above, but it does not sound like this would be available in the MVP?

Ah sorry that was not meant that concrete. How a fee model can be applied is still an open question. For this project here I consider like in keybase that there is no fee. I think as soon security is provided a fee is justified and as security is mostly connected to a blockchain transaction the model to take a part of the trade might be replicated. But maybe there are other new ideas like burning BSQ for reputation which can serve then as revenue model as well as (limited) security model. I have some rough ideas around identity and it could help to mitigate many problems (scam, spam,...) and I think it can be done in a way where the privacy of the user is preserved. But thats for another proposal ;-). 

> However I might have misunderstood how the collateral aspect would work?

Maybe we mixed up too much with the ideas @flix1 posted in his proposal. I still don' understand exaclty how BSQ bonds could create real security for multiple trades/traders. I doubt its possible. Then there is a weaker form of security which can be derived from BSQ bonds and that might be useful (e.g. user locks up 10000 BSQ is unlikely to scam one for 100 EUR).
But maybe lets keep new security models out for the first step to limit the scope. No strong opinon here though....
What will be quickly requires is some good guidance for the user, what to take care of (risks), limitations, recommendations, and explainations for different models.

This UX challenge we can use as starting point to work on the overall biggest challenge of the Bisq 2.0 idea. 
I think the weakness here could be turned into a strength if we use the opportunity that people need to learn more about it as chance for providing education or enable social relationships. It likely happend in trader chats or key base that some confused newbie got help from an experienced Bitcoiner/Bisq user and created a positive social experience which you will never get a Uniswap or Coinbase. So thats what I mean with truning the weak point (that it requires more knowledge) to a strength.


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