bisq-network / proposals

@bisq-network improvement proposals
https://bisq.wiki/Proposals
44 stars 16 forks source link

Update "Penalties table" page on Wiki #360

Closed w0000000t closed 2 years ago

w0000000t commented 2 years ago

This is a Bisq Network proposal. Please familiarize yourself with the submission and review process.

During the first support meeting call of 2022, the idea of a new approach to penalties, and a new format of the "Table of penalties" wiki article, has been discussed.

Following this, me and @MwithM collaborated to prepare a new version of the table that is shorter, easier to read and understand, and also allows partial judgment to the mediator, in order to evaluate the severity of each situation and choose a penalty percentage according to that, "up to" the defined percentages.

The proposed new version of the article can be found here, please share your opinion.

MwithM commented 2 years ago

The main idea for this update was to simplify the penalties by creating a document that can fit most of the cases, instead of a document where all possible cases are included.

I find that we need to add the following:

pazza83 commented 2 years ago

Mentioning that traders can reach an agreement on the payout. Although this could be added at the mediation section of the wiki.

Yes I think this is good practice. If more traders start doing this then it will facilitate a scenario where traders can sign the payout transactions themselves (with agreed compensation), therefore, avoiding mediation and speeding up trades.

pazza83 commented 2 years ago

Thanks @w0000000t and @MwithM for updating this. It looks much improved.

w0000000t commented 2 years ago

Mentioning that traders can reach an agreement on the payout. Although this could be added at the mediation section of the wiki.

Yes I think this is good practice. If more traders start doing this then it will facilitate a scenario where traders can sign the payout transactions themselves (with agreed compensation), therefore, avoiding mediation and speeding up trades.

This might be out of the scope of the Penalties article, and be more appropriately added in the trading rules section, at least in my opinion; then the Penalties could briefly reference this

pazza83 commented 2 years ago

I think traders discussing and agreeing penalties / compensation between them is within the scope of the article.

The article should be used as a guideline but if traders agree between them something different that is fine and even preferred.

w0000000t commented 2 years ago

I'll make some edits to reflect that, so we can discuss about wording and placement

w0000000t commented 2 years ago

Closing as implemented