RetoSwap.com is a peer-to-peer decentralized exchange program that you download on your computer and you can trade with other users using any supported payment method such as cash-by-mail, ACH bank transfer, wire transfer, PayPal, CashApp, Zelle, etc.
I notice that the website has a "Powered by Tor & Haveno" button at the top. What's the relationship between RetoSwap and Haveno, exactly? Is RetoSwap a fork of Haveno?
A bit of an off topic thing to ask, but as long as it's not a crime to buy it, why do you care if it's anonymous or not? It's like withdrawing cash in a bank. Yes, the bank may know that you withdrew cash, but what happens with that cash and where you spent it is entirely up to you and it's very hard to track it.
Never buy and spend with the same address and it should be private enough just by design.
"the bank may know that you withdrew cash, but what happens with that cash and where you spent it is entirely up to you and it's very hard to track it."
20 year US banking veteran here, in the US an insane amount of time and effort is put into cold tracing cash supply movements. Like, violent stalker ex pinning down your every movement, going through your garbage, zero potential return on investment kinda effort.
What's the point? Most of it probably switches over 10 hands through all the cash registers in shops or exchanges between people directly before it ends up in the ATM again.
It's commonly used in drug cases. But any benefit is dwarfed by the cost of maintaining all the required infrastructure. And, yes, the system is extremely vulnerable to data poisoning
19 Comments
catdog@lemmy.ml · 49 pts · 76d
Welcome to Lemmy, Donald
Zachi103@feddit.org · 6 pts · 76d
My bad
shortwavesurfer@lemmy.zip · 14 pts · 76d
RetoSwap.com is a peer-to-peer decentralized exchange program that you download on your computer and you can trade with other users using any supported payment method such as cash-by-mail, ACH bank transfer, wire transfer, PayPal, CashApp, Zelle, etc.
Gulliver@lemmy.zip · 1 pts · 75d
I nevers heard of it before is it better than bisq?
shortwavesurfer@lemmy.zip · 2 pts · 75d
Yes.
Bisq uses bitcoin which means everything is on a transparent blockchain
RetoSwap uses Haveno ...which uses Monero, and means that everything is on a private blockchain.
onlooker@lemmy.ml · 1 pts · 76d
I notice that the website has a "Powered by Tor & Haveno" button at the top. What's the relationship between RetoSwap and Haveno, exactly? Is RetoSwap a fork of Haveno?
communism@lemmy.ml · 1 pts · 76d
It's a Haveno network. Haveno is the platform; RetoSwap provides a network for the Haveno platform.
onlooker@lemmy.ml · 1 pts · 75d
Thanks for the explanation!
shortwavesurfer@lemmy.zip · -1 pts · 76d
This
ButteredBread@sh.itjust.works · 4 pts · 76d
communism@lemmy.ml · 3 pts · 76d
I use bisq and retoswap.
prole@sh.itjust.works · 1 pts · 75d
Godex.io
TwilightKiddy@programming.dev · 0 pts · 76d
A bit of an off topic thing to ask, but as long as it's not a crime to buy it, why do you care if it's anonymous or not? It's like withdrawing cash in a bank. Yes, the bank may know that you withdrew cash, but what happens with that cash and where you spent it is entirely up to you and it's very hard to track it.
Never buy and spend with the same address and it should be private enough just by design.
greawogh@midwest.social · 6 pts · 76d
"the bank may know that you withdrew cash, but what happens with that cash and where you spent it is entirely up to you and it's very hard to track it."
20 year US banking veteran here, in the US an insane amount of time and effort is put into cold tracing cash supply movements. Like, violent stalker ex pinning down your every movement, going through your garbage, zero potential return on investment kinda effort.
TwilightKiddy@programming.dev · 3 pts · 76d
What's the point? Most of it probably switches over 10 hands through all the cash registers in shops or exchanges between people directly before it ends up in the ATM again.
Are there any cases of it being somehow useful?
greawogh@midwest.social · 2 pts · 75d
It's commonly used in drug cases. But any benefit is dwarfed by the cost of maintaining all the required infrastructure. And, yes, the system is extremely vulnerable to data poisoning
TrippinMallard@lemmy.ml · 1 pts · 76d
Hopefully not to feed all the data into a dystopian AI that predicts future crimes and prematurely arrests people it sees as high risk potential.
uxellodunum@lemmy.ml · 6 pts · 76d
Because it may not be illegal today, but may become tomorrow. Even if not, it still becomes linked to your PII.
nymnympseudonym@piefed.social · -1 pts · 76d
https://haveno.exchange/
onlooker@lemmy.ml · 0 pts · 76d
Still in development, I'm afraid. Not yet ready for regular use.