Ecosystem/haveno
Ecosystem/haveno
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Updated FAQ (markdown)

erciccione 2021-07-08 10:21:58 +02:00
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FAQ.md

@ -19,11 +19,14 @@ But Haveno brings several improvements over Bisq:
### Haveno is privacy-focused
Bisq doesn't offer strong privacy to its users and have had multiple problems, which resulted in their user's privacy being compromise.
- Because of Bitcoin's lack of [fungibility](https://www.getmonero.org/resources/moneropedia/fungibility.html) and privacy proprieties, every transaction and address on the BTC blockchain are easily traceable. Anybody can check who a BTC user transacted to and the amount of the transaction. This design flaw has allowed and empowered blockchain surveillance companies, which make Bitcoin's blockchain a surveillance paradise and a privacy nightmare.
- It's trivial to identify on the Bitcoin blockchain which transactions come from a Bisq exchange. This compromises the privacy of Bisq's traders.
- The BSQ token is a huge privacy concern, when used to pay transaction fees on Bisq, it makes possible to link a transaction with a specific Bisq user.
- A [recent paper](https://arxiv.org/pdf/2007.07048.pdf) demonstrated that it's possible to track Bisq contributors participating to the DAO and deanonymize them.
- Bisq's [trade history is public](https://bisq.network/markets/) and it's posted along details like dates and traded amounts.
- [We found and disclosed a very bad vulnerability in Bisq](https://twitter.com/HavenoDEX/status/1412782658887766016), which until its discovery had allowed malicious actors to harvest payment info like bank accounts, names and potentially home addresses of Bisq users.
Haveno has no token and it's based on Monero, thus taking advantage of its privacy-preserving technologies, resolving the problems mentioned above simply by design or by choice. We think the privacy of our users is the priority.