Replying to 894c61fd...

You may find this surprising, but just two days after the hack, I successfully open sourced the first decentralized peer-to-peer platform fully operational on NOSTR. This new repository represents the pioneering P2P Monero exchange featuring a decentralized reputation system and a federated order book. It incorporates all the functionalities typically found on openmonero.com, excluding self-destructing messages. Importantly, anyone can run their own instance, as the backend code is entirely open-source. The implementation is straightforward to audit, lightweight (only 4,500 lines of code) and genuinely decentralized, leveraging an open protocol like NOSTR that requires no additional software.

Frontend: http://rf5cqoxqlitdx4umuce5dgihjzabql4hs3zjkvs3em7xzjfa5yyhkeqd.onion/om/openmonero-dex

Backend: http://rf5cqoxqlitdx4umuce5dgihjzabql4hs3zjkvs3em7xzjfa5yyhkeqd.onion/om/openmonero-dex-api

Demo: http://ek72x7tysgkrr754ce4np4e6ce5rtwtxphxibzmesnsbuyco5onlc5id.onion/

Regarding the recent security incident, there is no evidence to suggest that openmonero.com has been completely compromised. Only funds have been stolen; trade chats and MongoDB are hosted on separate servers from the monero-wallet-rpc, indicating that the core infrastructure remains intact.

The primary objective is not to achieve absolute prevention of hacks, since no system can be 100% secure, but to minimize potential damage from the outset, similar to the principles of Qubes OS. This incident demonstrates that openmonero.com remains one of the most secure platforms available, capable of handling significant volume while maintaining minimal funds at risk, thus limiting potential losses in the event of a breach.

To date, approximately USD 20,000 worth of user funds have been stolen, along with USD 3,000 in arbiter funds, despite a monthly trading volume approaching half a million dollars. Had I employed a setup similar to Haveno, I estimate that losses could have exceeded USD 2 million making recovery efforts challenging.

#Privacy #Markets #HiddenService #News #Work #Monero #Crypto #Hacking #HarmReduction #Guides #Bisq #cakewallet #haveno #retoswap #trading #p2p #escrow #localmonero #dex #cex #moneroju #xmrbaazar #security #agorism #cypherphunk #bitcoin #btc #decentralized #nostr

Any reviews on the code already?

Looks interesting

nostr:nevent1qqszdygpc6gyvujc07tx63prxfz54lw8d7lcgeputnvvqxzvpkju7pqppemhxue69uhkummn9ekx7mp0qgsgjnrpl4zl8pxa4j2gfjfv0gzqk3gfs503pt4mra0kk5s0w23jznqrqsqqqqqpfuvw8v

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