nihilist

joined 6 months ago
[–] [email protected] 1 points 5 months ago* (last edited 5 months ago)

created this issue to address the buyers that start with 0 XMR https://github.com/haveno-dex/haveno/issues/963 but keep in mind that a reputation system might not lead anywhere here, thats why there is the security deposit system instead.

And the buyer has to register a name and physical address? I realize these can be faked but I don’t think I like that being stored digitally as opposed to just being written on the return address of an anonymously printed shipping label as it was with local monero.

yea the proper documentation for each trade protocol has yet to be written, so this might change in the future

[–] [email protected] 0 points 5 months ago (5 children)

haveno might copy bisq to help users get that initial monero initially in a matrix chatroom, but thats still in discussion

[–] [email protected] 3 points 5 months ago* (last edited 5 months ago) (2 children)

i like the intention, but simple encryption is not going to cut it, you need to be able to deny the existance of the encrypted volume: https://blog.nihilism.network/servers/encryption/index.html what you're looking for is plausible deniability. in short, hide your mnemonic seed into a veracrypt hidden volume

[–] [email protected] 12 points 6 months ago (1 children)

probably meant "monero is what bitcoin was meant to be"

[–] [email protected] 2 points 6 months ago* (last edited 6 months ago) (1 children)

yea as mentionned, there are a ton of difficult possible arbitration scenarios, i think there is a clear need to :

  1. list the payment options (like bisq did on this page here https://bisq.wiki/Payment_methods)
  2. detail each payment option with the correct trade protocol (which includes the precautions to PROVE that you conducted the trade correctly for the arbitrators (see localmonero's tips on cash by mail for example https://localmonero.co/cash-by-mail-tips )), the risks of the trade going wrong, and what to do in each case.

I opened up https://github.com/haveno-dex/haveno/issues/944 just now for the same

[–] [email protected] 3 points 6 months ago (2 children)

yea but if all the arbitrators are corrupt on the network side, no matter how many you put on the arbitration the outcome wouldnt really change right ?

[–] [email protected] 1 points 6 months ago* (last edited 6 months ago) (2 children)

to that i would reply, that the arbitrators better be honest and behave correctly because the reputation of their network (ex:reto) is at stake, and yea definitely could be a good idea to have an external rating service, so that over time the scammy haveno networks are called out, and people avoid them

[–] [email protected] 2 points 6 months ago

thanks for linking my tutorial in there ;)

[–] [email protected] 1 points 6 months ago

It's on my todolist yes, i'll try to showcase a dispute with abitrator resolution, a SEPA instant transaction, and also the popular cash in mail

[–] [email protected] 3 points 6 months ago

yeah that's the chicken in egg problem that got ported over from bisq. Thing is that initial monero is required to make sure there's an incentive to not scam the other peer and same from their end.

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