Post
Topic
Board Service Announcements
Re: [ANN] Joinmarket - Coinjoin that people will actually use
by
coinchip
on 28/06/2015, 17:17:28 UTC
On other topics

  • The rates in the orderbook are really low now. Maybe this is where the market will end up but I also suspect some people are offering really low rates because they believe in Joinmarket and want to provide early-on liquidity. This is counterproductive though because it discourages investors from joining. When a prospective investor sees that there is 140 BTC at 0.03% there is no reason for them to offer 100 BTC at a higher (normal?) rate.

  • In order to have a functioning marketplace there needs to be more transparency in the offers from makers and takers. This includes a list of accepted/processed offers. If it isn't possible now to tell which offers were accepted then the software should be changed to broadcast whenever it is involved in a transaction. To prevent fake reports maybe all of the participants can sign a "receipt" that verifies that the transaction took place and what the amount and rate were. If privacy is a concern the amount could be rounded off or put into a range. And if all of the participants signing creates privacy issues then only have a few randomly selected ones do the signing. Whatever the details are there needs to be some type of reporting of transactions or otherwise the market participants are just guessing at what the rates should be.

  • TOR support needs to be completely built in. The target audience of takers are using Joinmarket for privacy after all.