A federated localmonero (lemmy.dbzer0.com)

submitted 2 months ago by aldalire@lemmy.dbzer0.com to c/monero@monero.town

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With localmonero shutting down, what would be the challenges of creating a federated version of localmonero? Traders and buyers can have accounts at different servers but still be able to trade each other and see each others' listings.

The pros i can see are: It would be harder to stop without a single point of failure, and brave server maintainers can host their services in different jurisdictions to prevent legal troubles. And it would be very difficult to prosecute server admins, as they aren't the creator but merely hosting a site.

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[-] aldalire@lemmy.dbzer0.com -1 points 2 months ago

Something that i can access on my browser, like lemmy

[-] Krugtron9000@monero.town 5 points 2 months ago

Anything that you "can access on your browser" can and will be shut down.

Browsers and WebPKI are designed to guarantee this.

You're gonna have to let go of your browser obsession. Or just not get what you want. One or the other.

[-] aldalire@lemmy.dbzer0.com 1 points 2 months ago

I was thinking that the federated structure of the fediverse is perfect for something like localmonero. No single point of failure, and naturally server admins will host their sites in jurisdictions more lax "money transmitter" laws

I do not have a browser obsession FYI. I'm thinking more of the normies. Localmonero was the perfect place to get some non-KYC monero & fiat. We gotta stop gatekeeping in monero land and think about the normies lol. We're doing this for them.

[-] Findmysec@infosec.pub 1 points 2 months ago

Bisq and then change to XMR on other DEXes

[-] admin@monero.town 3 points 2 months ago

Just use Haveno to buy XMR directly, way cheaper and quicker than dealing with bisq and BTC transactions.

[-] Findmysec@infosec.pub 1 points 2 months ago

He wants a DEX which is easier to set up

[-] admin@monero.town 1 points 2 months ago

Haveno is literally just a .exe you run. Looks like he wants a DEX with NO setup.

[-] Findmysec@infosec.pub 1 points 2 months ago

I guess. LocalMonero was an online account

[-] admin@monero.town 2 points 2 months ago

And what is easier to take down, a website or a decentralized network of nodes?

[-] Findmysec@infosec.pub 1 points 2 months ago

I didn't ask the question lol. I'm just waiting for reto to be more mature before I step in. I wish Bisq would do XMR. Do you know of DEXes which would p2p swap bitcoin <-> XMR?

[-] admin@monero.town 1 points 2 months ago

Reto has been working pretty well for me. Sure, startup can take a while but I've heard they are migrating all the seednodes to tor pow which should help with the ddos attacks.