[bisq-network/bisq] Utilizing taproot to mask Bisq on-chain transactions (#5468)

viperperidot notifications at github.com
Tue May 4 23:46:44 CEST 2021


I am creating this as a placemark for further discussion on this topic. From what I understand, taproot will enable the ability for multi-sig transactions to appear as normal transactions. Currently the on-chain trade protocol for bisq is quite obvious to any third party observation. I am not a developer so I do not know what it would take to implement this, but I do think that it should be a high priority to improve privacy for the bisq trade protocol. If a bisq trade appeared like any other transaction on the blockchain, I think that would be an enormous win and remove the possibility for outside observers trying and link bisq users onions IDs or someone who starts trading on bisq with KYC coins, it would give the possibility to interpret the on-chain activity in many more ways rather than being obvious that someone it purchasing or selling on bisq. Although I do not know exactly how it will look on-chain with the taproot enhancements, from what I have heard it seems to be a great improvement and some developers i'm sure could speak more about this. I also don't know if this would be as large an undertaking as the segwit integration either. Any thoughts or insights on this would be appreciated, this is meant to be a discussion until an issue gets created if this idea is considered to be a good one. 

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