[bisq-network/proposals] Bisq 2.0 - Social Trading Expansion Proposal (#332)

Félix notifications at github.com
Wed May 5 14:15:17 CEST 2021


I'm still not sure about the risks of using identity... even if it is voluntary and replaceable. Rather than having reputation tied to user identity I prefer tying it to "payment account" which has to be diclosed between parties anyway to make a transaction. We already use a type of this via payment account age and payment account signing. Why not build on top of that?

Personally the data point that I would value the most as reputation would be **number of trades completed**. A payment account that had completed 100+ trades is one that cares about return business. 

To make this into a reputation system you could use the same mechanism currently used for **account signing**. The privacy risks can be mitigated by the fact that one user can have many accounts both for fiat and altcoins. But the traders that care about reputation are normally not the same ones that care about privacy... 

What I see used in P2P markets like Paxful, Localbitcoins, etc... is pretty simple: 
1. Number of trades
2. Positive/negative feedback from other traders (thumbs up/down)
3. Report button for scammers

I don't see why Bisq could not do all 3, not for users or identity, but for payment accounts.



-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/proposals/issues/332#issuecomment-832639688
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20210505/a344f756/attachment.htm>


More information about the bisq-github mailing list