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The Bisq DAO is decentralizing revenue distribution and decision-making to make Bisq self-sustaining and censorship-resistant.
Why? Bisq trading is currently decentralized, but its revenue distribution and decision-making are not. It is critical that Bisq be resistant to censorship, and the trade protocol and P2P network achieve this—for traders. What about Bisq’s developers? Project decision-making and revenue distribution are still centralized, and this creates vulnerabilities.
What Is The Bisq DAO? The Bisq DAO enables value transfer from traders to contributors. The BSQ token makes this possible in a decentralized way. Trading fees are distributed to contributors without the confines of a corporation or other legal entity, keeping Bisq stateless & sovereign.
Bisq is an open-source, peer-to-peer application that allows you to buy and sell cryptocurrencies in exchange for national currencies. No registration required.
Check out Ricardo’s Blog focused on Bitcoin, not Shitcoins. Reporting on the Bitcoin revolution from the front lines
Read the article here https://www.coincache.net/2019/03/25/the-bisq-dao-an-interview-with-steve-jain/?v=920d0c66f3d2
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