@TierNolan

What do you think about anonymint's idea of having a user settable coin age requirement for the feetx? The idea is to slow down the annoyance attacks.

Maybe a specific order of fee payment, ie make the initiator pay the fee first to prevent a proactive attacker from waiting for the other side to pay a fee and bail out.

With contingency plan of just issuing refunds for unused fees due to other side disconnecting, and future reputation systems, I dont see this as a big issue, but if there was a technical bullet that just knocks it out completely it would offer a better user experience.

So far when it is all debugged, I dont see any way either side can lose funds. The worst seems to be having some of your funds tied of for a few hours (I am thinking setting the max transaction time of 2 to 3 hours, with a max expiration time of around 8 hours. That way even if papercut attacker locks you up for the maxtime, there is still plenty of time to complete the trade with someone else.

The two places where blockchain confirmations are needed, I have made it adaptive on the bitcoin side as of smaller tx of 0.1 BTC or less it seems that as soon as it is confirmed that is good enoough and for larger ones 1 + sqrt(BTC value) confirms, so 1 BTC is 2 confirms, 4 BTC is 3 confirms, 9 BTC is 4 confirms, etc.

The altcoin side is so variable, I cant think of any better way than having the user specify it on a per coin basis, or even per trade basis.

If some wealthy vandal actually starts doing nuisance attacks, I think we can always institute a non-gameable reputation system or even a real insurance system

Anyway, first things first. Need to get it doing trades using a simple form as input.

James