gnilma on Nostr: 1. Think of it like a deposit you make when entering into a trade with stranger ...
1. Think of it like a deposit you make when entering into a trade with stranger having no trusted third party. The deposit gets returned to you if you don’t cheat or break pre-listed trading rules, and all or a portion of the deposit gets taken away if you cheat or break trading rules. Bisq had been using fidelity bonds in its trades for many years. The model had proven to work.
2. Correct me if I’m wrong, but from what I read, it seems the protocol wants to exist on top of the nostr layer without requiring NIPs or big changes to nostr protocol. Like how http or ftp is built on top of tcp/ip.
Published at
2023-04-16 03:25:25Event JSON
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