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.

Reply to this note

Please Login to reply.

Discussion

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.

https://bisq.network/

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.

I see...

Liquid would have the dos vulnerability as well?

Liquid is custodial. Apparently Bisq 2.0 will support it though.