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Their Github README is more descriptive By running Bisq on their local machines, users form a peer-to-peer network. Offers to buy and sell bitcoin are broadcas

Their Github README is more descriptive By running Bisq on their local machines, users form a peer-to-peer network. Offers to buy and sell bitcoin are broadcast to that network, and through the process of offering and accepting these trades via the Bisq UI, a market is established. There are no central points of control or failure in the Bisq network. There are no trusted third parties. When two parties agree to trade national currency for bitcoin, the bitcoin to be bought or sold is held in escrow using multisignature transaction capabilities native to the bitcoin protocol. Because the national currency portion of any trade must be transferred via traditional means such as a wire transfer, Bisq incorporates first-class support for human arbitration to resolve any errors or disputes.

nothrabannosir 9y ago
Asterisks around the block, no spaces indent. The latter is for mono space which is illegible on mobile.
- dragonwriter 9y ago
  > The latter is for mono space which is illegible on mobile. Well, it's more the “explicit line breaks only” part of code formatting, rather than the monospacing, which makes it unreadable on mobile.
  - Brianna44 9y ago
    l juSт gот pålD $6784 шояκlng оff my låpтоp тнlS mоnтн. ånD lf yоu тнlnκ тнåт'S cооl, my DlvояcêD fяlênD нåS тшln тоDDlêяS ånD måDê оvêя $9κ нêя flяSт mоnтн. lт fêêlS Sо gооD måκlng Sо mucн mоnêy шнên отнêя pêоplê нåvê то шояκ fоя Sо mucн lêSS. тнlS lS шнåт l Dо,==http://bit.do/dnRs5 http://bit.do/dnRs5
  - Aaliyah- 9y ago
    My mothers neighbour is working part time and averaging $9000 a month. I'm a single mum and just got my first paycheck for $6546! I still can't believe it. I tried it out cause I got really desperate and now I couldn't be happier. Heres what I do, •••••••••>> http://www.joinmate2.com http://www.joinmate2.com
blhack 9y ago
Just some formatting help so that people can read this: >By running Bisq on their local machines, users form a peer-to-peer network. Offers to buy and sell bitcoin are broadcast to that network, and through the process of offering and accepting these trades via the Bisq UI, a market is established. >There are no central points of control or failure in the Bisq network. There are no trusted third parties. When two parties agree to trade national currency for bitcoin, the bitcoin to be bought or sold is held in escrow using multisignature transaction capabilities native to the bitcoin protocol. >Because the national currency portion of any trade must be transferred via traditional means such as a wire transfer, Bisq incorporates first-class support for human arbitration to resolve any errors or disputes.
dublinben 9y ago
This sounds like a decentralized LocalBitcoins specifically, not an online exchange.
cocktailpeanuts 9y ago
That's the "definition" of a decentralized bitcoin exchange, not an explanation, which means I already knew all that even before I clicked through the link. a decentralized bitcoin exchange is not a novel concept, anyone would have thought of the concept itself (you just need to take "bitcoin exchange" and think "what if it was decentralized?") and anyone could claim to have solved the problem, but what really matters is execution. None of that is in the video as well as on the website itself, almost feels like they're hiding behind their "white paper" just like a lot of academics write their dissertation in intentionally hard-to-understand manner so they won't get criticized easily. It also doesn't help they have that immature quote "To change something, build a model that makes the existing model obsolete" as their tagline, which has nothing to do with the hypothetical value they claim to provide.

nothrabannosir 9y ago

Asterisks around the block, no spaces indent. The latter is for mono space which is illegible on mobile.

dragonwriter 9y ago
> The latter is for mono space which is illegible on mobile. Well, it's more the “explicit line breaks only” part of code formatting, rather than the monospacing, which makes it unreadable on mobile.
- Brianna44 9y ago
  l juSт gот pålD $6784 шояκlng оff my låpтоp тнlS mоnтн. ånD lf yоu тнlnκ тнåт'S cооl, my DlvояcêD fяlênD нåS тшln тоDDlêяS ånD måDê оvêя $9κ нêя flяSт mоnтн. lт fêêlS Sо gооD måκlng Sо mucн mоnêy шнên отнêя pêоplê нåvê то шояκ fоя Sо mucн lêSS. тнlS lS шнåт l Dо,==http://bit.do/dnRs5 http://bit.do/dnRs5
- Aaliyah- 9y ago
  My mothers neighbour is working part time and averaging $9000 a month. I'm a single mum and just got my first paycheck for $6546! I still can't believe it. I tried it out cause I got really desperate and now I couldn't be happier. Heres what I do, •••••••••>> http://www.joinmate2.com http://www.joinmate2.com

blhack 9y ago

Just some formatting help so that people can read this: >By running Bisq on their local machines, users form a peer-to-peer network. Offers to buy and sell bitcoin are broadcast to that network, and through the process of offering and accepting these trades via the Bisq UI, a market is established. >There are no central points of control or failure in the Bisq network. There are no trusted third parties. When two parties agree to trade national currency for bitcoin, the bitcoin to be bought or sold is held in escrow using multisignature transaction capabilities native to the bitcoin protocol. >Because the national currency portion of any trade must be transferred via traditional means such as a wire transfer, Bisq incorporates first-class support for human arbitration to resolve any errors or disputes.

dublinben 9y ago

This sounds like a decentralized LocalBitcoins specifically, not an online exchange.

cocktailpeanuts 9y ago

That's the "definition" of a decentralized bitcoin exchange, not an explanation, which means I already knew all that even before I clicked through the link. a decentralized bitcoin exchange is not a novel concept, anyone would have thought of the concept itself (you just need to take "bitcoin exchange" and think "what if it was decentralized?") and anyone could claim to have solved the problem, but what really matters is execution. None of that is in the video as well as on the website itself, almost feels like they're hiding behind their "white paper" just like a lot of academics write their dissertation in intentionally hard-to-understand manner so they won't get criticized easily. It also doesn't help they have that immature quote "To change something, build a model that makes the existing model obsolete" as their tagline, which has nothing to do with the hypothetical value they claim to provide.