Bitsquare (rename to Bisq) is the only decentralized exchange in the Bitcoin universe and is about to introduce a DAO (Decentralized Autonomous Organization) handling the future development of the platform and the accompanied payment.
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BCHGraz - Meetup #11 - Bitsquare DAO by Manfred Karrer
1.
2. ❏ Desktop application
❏ P2P network over Tor
❏ Never hold users funds or data
❏ No registration required
❏ Open source (AGPL)
❏ Not a startup but a DAO
Bitsquare
3. ❏ 2 of 3 MultiSig
❏ Security deposit
❏ Decentralized arbitration system
Security
10. 1. Genesis distribution
2. Decentralized issuance and voting
3. Decentralized arbitration system
4. Reputation
5. Further governance improvements
DAO Roadmap
11. ❏ BSQ token as Bitcoin based colored coin
❏ Contributors request compensation in BSQ
❏ BSQ stakeholders vote on it
❏ Accepted contributors issues new BSQ
❏ BSQ can be traded
❏ Traders can use BSQ for discounted trade fee
DAO Concept