[bisq-network/proposals] Reduce maximum trade size for unsigned payment accounts (#322)

m52go notifications at github.com
Sun Mar 21 23:58:51 CET 2021


Another option, as mentioned in the opening post of this proposal in the "Workarounds" section, is to keep the limit high and make it extra-clear to sellers that offers in the 0.0025 - 0.01 range carry more risk. Ideally this would be accompanied by an option for sellers to specify that their offers only be take-able by signed buyers.

With the above solution, the signing trade amount could be removed entirely, leaving it up to the selling peer to determine how much risk they want to take on.

The problem is -- such a solution, and any other proposal deviating from the fundamental way things are currently done, would require time to develop and test and roll out (in addition to determining consensus for the concept in the first place).

Does the network have this time? Bisq releases tend to be monthly, so we're talking about 1 to 3+ months which means 9,000 to 12,000+ trades that will take place until a better mechanism is put in place. So until then, we leave the status quo? While BTC price continues to moon? Is this smart? I'm not sure.

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