Has something relevant been released or happened explaining the spike? Or is adoption finally incoming?

    • monerobull@monero.town
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      Tor2door exit scammed recently and Monero has risen a bit in price, i’d say these two events are mainly responsible for the uptick. Still great to see so many transactions this deep into a bearmarket.

      • janowitz@monero.townOP
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        Was Tor2door a significant player? I really don’t understand why nowadays markets without payments “per order” and multisig escrow still are a thing.

        • monerobull@monero.town
          link
          fedilink
          arrow-up
          1
          ·
          1 year ago

          It has been around for a decent amount of time and from what I could tell had a decent reputation. It might have even been per order escrow but the market can still steal the money in escrow.

          Something like the particl marketplace would be great for repeat small time buyers but for everyone else the collateral requirements are either too annoying for infrequent buys or too expensive for large deals.

          Can’t do 2-2 without collateral since the buyer has no incentive to release funds once they received their merchandise and even non malicious buyers would often just forget about it.