If anyone is interested in sharing about current trading methods, asking/answering questions about p2p XMR trading, and other pertinent topics. The Simplex group link is shareable to others as well if you know other sellers/buyers you’d like to invite.
Keep in mind that Haveno has launched and is going to be better than doing direct deals because you still have an arbitrator involved and multi-signature wallets. The Haveno reto network already has over 100 Monero worth of offers at almost all times and is growing rather rapidly. It was only launched less than a week ago.
What does it not do? Perhaps that’s functionality that can be added into the software.
It’s not capital-efficient for high volume crypto-fiat sales because every coin can only be listed/earmarked with a single payment method. Meaning I can’t list all my XMR at once with every payment method I take as an option, just one. I was told if I make a custom listing with all my payment methods then I’d basically be fucked in arbitration. So I can tie up all my available coin with one payment method in one listing, or pick a few payment methods and split my coin among a few listings. None of those options are efficient for crypto-fiat.
Ways I’d currently use haveno-reto:
- coordinating a planned large sale with a buyer offsite and completing it through haveno-reto for arb/escrow purposes
- crypto-crypto instant sales. I have listings up to test that out.
But the way it’s set up for fiat is too limiting for my business model.
Because it’s completely decentralized and there is no centralized server to shut down. Absolutely everything runs over the tor network. The only thing that needs to happen is that there needs to be a number of seed nodes in different countries. Once there is enough of those, the network can literally never be taken down. Well, without shutting off the whole internet, that is.
Also looks like the community has chosen Simplex for instant messaging.
Great to see it being used this way.
This group is insane, it’s hard to keep up.
I see there is an Appimage available for Linux. Does it work with Tor?
