Bisq is a bit crazy expensive right now. I just paid 0.002BTC or $86 in mining fees. It only made sense as the maker was offering a very good price.
Requiring 4 on-chain transactions per trade will kill bisq quickly.
Bisq is a bit crazy expensive right now. I just paid 0.002BTC or $86 in mining fees. It only made sense as the maker was offering a very good price.
Requiring 4 on-chain transactions per trade will kill bisq quickly.
I can only understand using it for very very big trades. Otherwise it's death by a thousand paper cuts.
what's bisq?
A privacy focused decentralized exchange.
Could they replace the escrow holds with lightning?
They already have the bisq tokens, but that seems little cumbersome if you're not a frequent user.
Ln deposits could also improve the privacy from chainanal creepy eyes, no?
Bisq supports slower transactions that take days. I heard that hold invoices are already a problem on lightning as they lock up resources allowing dos attacks.
The bisq token is on the Bitcoin chain, so it's just equally expensive to transact.