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

pazza notifications at github.com
Sat May 15 01:48:15 CEST 2021


Hi @Mentors4EDU 

Thanks for the comments

> Features such as adding a description and website to your profiles aren't mandatory for the user to fill and the core of the application is still privacy focused. If people don't want others to not know their site, they simply don't fill their site URL, as simple as that.

Understood. I would still have concerns about trading privately on a platform where there multiple users that chose to make their information public. Maybe it is just me but I feel like it has to do with a network only being as strong as it's weakest link. Multiple. I would be concerned the more people with connected real life identities the less private the network is.   

> Following a trader means copying a trader's strategy or trades

This might be good in situations where there is maximal liquidity but not sure how it would work on a P2P network with lower volumes, unique payment methods, and variable miner fees.

> A high ranking means that people have better ROIs or performance. It is simply a way to rank users anonymously in regards to how they show up on the feed.

Not sure how this is beneficial? For instance if I was a buyer of BTC would I want to trade with a trader with a high ROI or a low ROI, or am I not bothered and just want to trade with someone selling BTC using a payment method I have, for the amount I want, for the lowest price?

> Social trading as an expansion to Bisq can be a really promising application. It mixes Bisq's technology and privacy while giving people many of the features they want that are on centralized networks.

I agree, I think it would be good to expand on some of the following whilst maintaining privacy:

- Trader chat (option to keep channels open with frequent buyers, maybe internal messaging system for people you have previously traded with, or ability to comment on their offers)
- Ability to rate a buyer / seller within local Bisq instance
- Chat channels / rooms (similar to Keybase but within the app)
- Users to choose own Avatar
- Maybe feedback system for buyers / sellers limited to last 3 trades




 


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