After many discussions and a lot of trial and error, we finally have a simple and efficient way to allow an admin to intervene in dispute resolution.
I just uploaded a repository explaining how Mostro clients handle chat between users. We use a Diffie-Hellman shared key between the two parties as a master key, which either party can voluntarily share with the solver in case of a dispute. This way, the solver can verify who is lying.
For the curious, the repository technically explains how it works and includes sample code. I’m currently implementing it in mostro-cli, and I hope to add it to Mostro’s official documentation today. nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyrd7pvdahcffecudkafad2vhu63fu6f6l5p258glnvq9lfecdewzvsc3u36 client builders can now implement user chat without worrying about changes—this will be the scheme we’ll stick to.
https://github.com/grunch/mostro-mediator
This is great... but I can't wait until we get some kind of atomic swap that makes mediation unnecessary.
I know it's hard with BTC-fiat... but as fiat becomes more digital it should become easier.
For example atomic swaps should be possible between bitcoin and a bitcoin based stablecoin (omni-USDT?).
Maybe with e-CNY?
The achilles heel of CBDCs will be how easy they are to exchange for Bitcoin 😉
You know what is even more easy to exchange? Bitcoin for Monero used in everyday commerce!
Of course. I agree. Earning and spending bitcoin is better than having to exchange... but that requires network effects. We are not there yet. Exchanges still play a very useful role.
BTC-XMR atomic swaps would be very cool!
There were some teams working on it... but I have not seen any results. Let me know if there is some working exchange that uses them.
it is possible in some countries but it requires link with banks and KYC 😵💫
