Yesterday first time for more than 3 months more than 25,000 tx a day! (bitinfocharts.com)

submitted 11 months ago by janowitz@monero.town to c/monero@monero.town

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Has something relevant been released or happened explaining the spike? Or is adoption finally incoming?

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[-] monerobull@monero.town 4 points 11 months ago

Tor2door exit scammed recently and Monero has risen a bit in price, i'd say these two events are mainly responsible for the uptick. Still great to see so many transactions this deep into a bearmarket.

[-] janowitz@monero.town 1 points 11 months ago

Was Tor2door a significant player? I really don't understand why nowadays markets without payments "per order" and multisig escrow still are a thing.

[-] monerobull@monero.town 1 points 11 months ago

It has been around for a decent amount of time and from what I could tell had a decent reputation. It might have even been per order escrow but the market can still steal the money in escrow.

Something like the particl marketplace would be great for repeat small time buyers but for everyone else the collateral requirements are either too annoying for infrequent buys or too expensive for large deals.

Can't do 2-2 without collateral since the buyer has no incentive to release funds once they received their merchandise and even non malicious buyers would often just forget about it.