[bisq-network/proposals] Off-chain trading using a lightning network of BTC & tainted BSQ (#312)

[chimp1984]

Another idea:
Delegate the bond functionality to Monero and getting best privacy and cheap miner fees [1]. Use a 2of2 MAD style bond tx for each trade. The trade itself would be completely blockchain-agnostic, can be off-chain, LN or anything. Trade violation lead to arbitration with mutually selected arbitrator and if no cooperative outcome is found the bond stays locked forever. There are some issues with MAD (blackmail risk), but I think those can be mitigated (e.g. if one gets blackmailed and can proof it 100% clearly he can get reimbursed by the DAO, causing a loss for the DAO but removes that blackmail risk unsuccessful and makes the MAD protocol safe.

I am not familiar with the details of Monero multisig, but I assume that should not cause problems. How to integrate it so that users dont need to run a full Monero node is an open challenge, but once the XMR-BTC atomic swap is implemented (probably in the next 3-6 months) there might be more options. 

[1] If that data is correct miner fees seem to be unfairly cheap on XMR: https://bitinfocharts.com/comparison/monero-transactionfees.html#3m

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