new Bisq 2 (P2P BTC Exchange System) is out!

[satscraper]

I don't like Bisq Easy system. It's hard or almost impossible to become a reputable seller because why would someone risk trading with someone with low rating?

I trade on both bisq and bisq2, the latter involves reputation scheme you have mentioned.

Year ago my first trading on bisq2 was the selling by BTC to reputable trader who had the high reputation score while my score ^{at that time} was zero.

He agreed to trade with me because I gave guaranteed to send him my BTC first ^{it was contrary to the rules of Bisq Easy system}. I did it and got to my Wise account EUR he sent me in return.

I risked nothing because knew that had he refused to send me EUR he would lose his reputation which costs thousands of bucks.

[Synchronice]

I don't like Bisq Easy system. It's hard or almost impossible to become a reputable seller because why would someone risk trading with someone with low rating?

I trade on both bisq and bisq2, the latter  involves reputation scheme  you have mentioned.

Year ago my first trading on  bisq2 was the selling by BTC to reputable  trader who had the  high reputation score while my score ^{at that time} was zero.

He agreed to trade with me because I gave guaranteed to send him my BTC first ^{it was contrary to the rules of Bisq Easy system}.  I did it and got to my Wise account EUR he sent me in return.

I risked nothing because knew that had he refused to send me EUR  he would lose his reputation which costs thousands of bucks.

Imagine that we start BISQ from scratch and there are no reputable traders right now. How do we evolve? Does everyone start with very small trades that they can afford to lose? And then build a reputation if they are lucky and get small trades at first with honest traders who will also leave a real feedback? I'm simply curious about that.
I prefer security deposit. I do not want to only trade with reputable traders because I think that they are collecting too much information about other individuals since they are reputable and everyone wants to trade with them and secondly, I feel like receiving transaction from someone who also fills hundreds of transactions every day, exposes me a little bit in a sense that I received a transaction from a guy who also regularly sends money to thousands of other guys. It's already clear that I traded on a BISQ. I might be wrong, so correct me.

I think that security deposits were much better.

[NotATether]

Imagine that we start BISQ from scratch and there are no reputable traders right now. How do we evolve? Does everyone start with very small trades that they can afford to lose? And then build a reputation if they are lucky and get small trades at first with honest traders who will also leave a real feedback? I'm simply curious about that.

The same way they did after Bitcoin was built. Initially, only real Bitcoin users are interested in a trade and there are no scammers (since nobody wants to steal what is considered a "worthless currency"), so two these people would find each other, link up and perform a trade.

By the time the scammers started rolling in, there was already a bunch of people who could be considered trusted sellers based on their trading history.

[satscraper]

I don't like Bisq Easy system. It's hard or almost impossible to become a reputable seller because why would someone risk trading with someone with low rating?

I trade on both bisq and bisq2, the latter  involves reputation scheme  you have mentioned.

Year ago my first trading on  bisq2 was the selling by BTC to reputable  trader who had the  high reputation score while my score ^{at that time} was zero.

He agreed to trade with me because I gave guaranteed to send him my BTC first ^{it was contrary to the rules of Bisq Easy system}.  I did it and got to my Wise account EUR he sent me in return.

I risked nothing because knew that had he refused to send me EUR  he would lose his reputation which costs thousands of bucks.

Imagine that we start BISQ from scratch and there are no reputable traders right now. How do we evolve? Does everyone start with very small trades that they can afford to lose?

I prefer to live in the real world, not the imaginary one, and act according to the conditions of the real world in which I live.

And then build a reputation if they are lucky and get small trades at first with honest traders who will also leave a real feedback? I'm simply curious about that.

Traders build their reputation in different way. In Bisq2, they earn reputation by burning their BSQ tokens rather than through the number of successful trades, whether small or large. This approach helps prevent reputation manipulation, such as trading with oneself to artificially inflate one's score.

I think that security deposits were much better.

Then use bisq rather than bisq2. These are different p2p networks. Trading on bisq is based on collateral but not on reputation.

[NotATether]

Then use bisq rather than bisq2. These are different p2p networks. Trading on bisq is based on collateral but not on reputation.

I have a question about Bisq 2 as I have never used it before.

Does it have a section where you can view the most trusted buyers and sellers for a particular currency? (i.e. traders for a particular pair.)

Is it similar to Bitcointalk's trust system with positive, neutral and negative trust? That would be quite familiar even for people who have never used such a system before.

[satscraper]

Then use bisq rather than bisq2. These are different p2p networks. Trading on bisq is based on collateral but not on reputation.

I have a question about Bisq 2 as I have never used it before.

Does it have a section where you can view the most trusted buyers and sellers for a particular currency? (i.e. traders for a particular pair.)

Offer book for each currency lists traders with their reputation score marked by the stars.Traders with the highest scores have 5 green stars. Placing the pointer on the given profile you may learn about the exact number of his points. Below is the picture which says that stayorigin profile has ~ 74 000 score points and the ranking of 4.

You may even go further and see in what way the ranking of the given profile was achieved. To do this you should go to User options then click Reputation and then click Show details

As you may see "Hey" got his reputation score via burning 300 + 1445 his BSQ tokens in different times (100 points per BSQ burned ).

Is it similar to Bitcointalk's trust system with positive, neutral and negative trust? That would be quite familiar even for people who have never used such a system before.

Nope, the two are quite different. Bitcointalk's trust system is largely based on subjective views while Bisq2 adopts a more objective approach, where traders pay their own money to earn their reputation scores. This system ensures that no one would risk scamming others for just a few hundred bucks ^{(typical size of single trade on Bisq2),} especially when their reputation ^{which can be worth thousands} is at stake.

The current sell price for 1 BSQ ranges from 1510 to 1782 sats. ^{Tokens are traded in bulk[ on Bisq /sup].}

[F2b]

I prefer security deposit. I do not want to only trade with reputable traders because I think that they are collecting too much information about other individuals since they are reputable and everyone wants to trade with them and secondly, I feel like receiving transaction from someone who also fills hundreds of transactions every day, exposes me a little bit in a sense that I received a transaction from a guy who also regularly sends money to thousands of other guys. It's already clear that I traded on a BISQ. I might be wrong, so correct me.

I think that security deposits were much better.

That's a valid point and I generally agree with this.
But let's not mix Bisq 2 and Bisq Easy. The latter is only a subset of the former: Bisq 2 will have several trading protocols, among which there will be Bisq Easy and Bisq MuSig. Bisq MuSig is not available yet, but it will work like Bisq 1, with a security deposit.
Bisq Easy is the only option right now because it was probably the easiest to implement (I'm not part of the Bisq team, so that's just an assumption) but it was never meant to replace the multisig / security deposit approach.
The problem Bisq Easy is trying to solve is: how to give users who don't already have bitcoins a way to buy their first non-KYC coins. You (and I, and many others) are just not the target population of this new feature.

[cygan]

few days ago the new 2.1.10 version was released
in addition to improvements and bug fixes, it also has the following new features:

• trade history is now available
• qr-based pairing for Bisq connect
• tls support for clearnet connections when using Bisq connect

behind the scenes, work is also underway on a musig trade protocol...
you can find the complete changelog here: https://github.com/bisq-network/bisq2/releases/tag/v2.1.10

[satscraper]

Three days ago Bisq2 was updated to version 2.1.11.

As the long‑time user of this platform ^{for whom security always matters} I appreciate the security enhancements introduced in this release.

It worth also to mention that this update has made Bisq2 relevant flows safer, clearer, and less error‑prone for user. In particular, creating invalid or unsafe offer amounts  has now become far less possible for traders.

 A big update, so to speak.

[satscraper]

Bisq 2 release  was elevated to v.2.1.12.

This is "must have" release which  came out of security audit, so update to keep trading.

[satscraper]

New  Bisq 2 release, namely v2.1.13.

It updates binary relevant to TOR the aim being  to fix the security issue, so everyone needs to update to keep trading.

On macOS there is  small bug where Intel users might get the wrong installer through the in-app updater, so Intel Mac users should grab the correct build manually from the release page instead.

[NotATether]

New  Bisq 2 release, namely v2.1.13.

It updates binary relevant to TOR the aim being  to fix the security issue, so everyone needs to update to keep trading.

On macOS there is  small bug where Intel users might get the wrong installer through the in-app updater, so Intel Mac users should grab the correct build manually from the release page instead.

Correct me if I'm wrong, but Tor had made another update previously which also made older versions of Tor stop working.

Does this mean older versions of Bisq older than this version will also stop working for this reason?

[BlackHatCoiner]

Does this mean older versions of Bisq older than this version will also stop working for this reason?

Yes, and you should absolutely update your wallets regardless.

[satscraper]

Latest  Bisq 2 release, namely 2.1.14.

It is  mandatory security update because it includes the newest Tor as well as patches holes found in their recent audit. Therefore nodes that don’t update before November 25^th will lose connectivity because the network will start requiring the new storage signatures.

[cygan]

just like with bisq1, a release for v2 was also published today, which is required if you want to continue trading on this platform!
the new 2.1.15 version comes with a security update that adds a sandbox to isolate the tor process.
it also includes the latest tor and java security updates

full changelog: https://github.com/bisq-network/bisq2/releases/tag/v2.1.15