A federated localmonero (lemmy.dbzer0.com)

submitted 3 months ago by aldalire@lemmy.dbzer0.com to c/monero@monero.town

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With localmonero shutting down, what would be the challenges of creating a federated version of localmonero? Traders and buyers can have accounts at different servers but still be able to trade each other and see each others' listings.

The pros i can see are: It would be harder to stop without a single point of failure, and brave server maintainers can host their services in different jurisdictions to prevent legal troubles. And it would be very difficult to prosecute server admins, as they aren't the creator but merely hosting a site.

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[-] aldalire@lemmy.dbzer0.com 1 points 3 months ago

I was thinking that the federated structure of the fediverse is perfect for something like localmonero. No single point of failure, and naturally server admins will host their sites in jurisdictions more lax "money transmitter" laws

I do not have a browser obsession FYI. I'm thinking more of the normies. Localmonero was the perfect place to get some non-KYC monero & fiat. We gotta stop gatekeeping in monero land and think about the normies lol. We're doing this for them.