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In this tutorial we're going to cover how the Haveno DEX handles trade disputes, which can happen as, after all it's decentralised, and anonymous by default.
https://blog.nihilism.network/servers/haveno-arbitrator/index.html
feel free to let me know if i should improve something in this one :)
@nihilist @monero Consider the following situations:
- Bob and Arbitrator are colluding against Alice
- Bob and Arbitrator are the same person
I think this system needs a higher authority to function properly. And there's a simple non-technical solution to this problem. If you don't agree with Arbitrator's ruling, you make the case public and provide proofs. As a result, Arbitrator's reputation is destroyed.
Someone can even create a rating service similar to @kycnotme that will list arbitrators with good reputation
to that i would reply, that the arbitrators better be honest and behave correctly because the reputation of their network (ex:reto) is at stake, and yea definitely could be a good idea to have an external rating service, so that over time the scammy haveno networks are called out, and people avoid them
exactly. haveno can be a cash cow for the arbitrators if they keep it running. The more they scam, especially on high value disputes, the higher the chance traders will just create their own network, killing the cow in the process.