# Can a "Ring of Trust" scale the fiat-to-crypto protocol?

**URL:** <https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695>\
**Category:** Development\
**Created:** [November 10, 2019, 7:47pm UTC](https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695 "2019-11-10T19:47:33Z")\
**Posts on this page:** 7\
**Page:** 1

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**Author:** ![Aurca](https://bisq.community/letter_avatar/aurca/32/6_22734026db12803ebb3e059622ac3534.png) [@Aurca](https://bisq.community/u/Aurca)\
**Post date:** [November 10, 2019, 7:47pm UTC](https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695/1 "2019-11-10T19:47:33Z")

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If we can assume a staking asset is evenly distributed between staking participants, can this “ring of trust” be used to secure fiat finality?

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**Author:** ![ZeroTax](https://bisq.community/letter_avatar/zerotax/32/6_22734026db12803ebb3e059622ac3534.png) [@ZeroTax](https://bisq.community/u/ZeroTax)\
**Post date:** [November 10, 2019, 11:23pm UTC](https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695/2 "2019-11-10T23:23:46Z")

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Soon you’ll need a big BSQ stack to trade that’s when BSQ falls to zero.

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**Author:** ![Aurca](https://bisq.community/letter_avatar/aurca/32/6_22734026db12803ebb3e059622ac3534.png) [@Aurca](https://bisq.community/u/Aurca)\
**Post date:** [November 11, 2019, 5:13pm UTC](https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695/3 "2019-11-11T17:13:05Z")

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Why do you say that? is that currently how the protocol works? it requires significant stake?

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**Author:** ![ZeroTax](https://bisq.community/letter_avatar/zerotax/32/6_22734026db12803ebb3e059622ac3534.png) [@ZeroTax](https://bisq.community/u/ZeroTax)\
**Post date:** [November 11, 2019, 5:20pm UTC](https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695/4 "2019-11-11T17:20:45Z")

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@Aurca  
At least not in version 1. Don’t worry…

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**Author:** ![m52go](https://bisq.community/letter_avatar/m52go/32/6_22734026db12803ebb3e059622ac3534.png) [@m52go](https://bisq.community/u/m52go)\
**Post date:** [November 13, 2019, 5:00pm UTC](https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695/5 "2019-11-13T17:00:55Z")

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@ZeroTax why the paranoia? Very little is known about BIsq v2 right now, and a solid conception and implementation is a long way off.

With that said…@Aurca it seems like you’re thinking along the lines of BSQ bonding, which is an important component of the ideas currently at play for Bisq v2. You can see more about it [in this proposal](https://github.com/bisq-network/proposals/issues/118) or [in this video](https://www.youtube.com/watch?v=YnTA3p-5v00).

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**Author:** ![Aurca](https://bisq.community/letter_avatar/aurca/32/6_22734026db12803ebb3e059622ac3534.png) [@Aurca](https://bisq.community/u/Aurca)\
**Post date:** [November 13, 2019, 6:41pm UTC](https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695/6 "2019-11-13T18:41:09Z")

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Thank you. This is very insightful

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**Author:** ![ZeroTax](https://bisq.community/letter_avatar/zerotax/32/6_22734026db12803ebb3e059622ac3534.png) [@ZeroTax](https://bisq.community/u/ZeroTax)\
**Post date:** [November 13, 2019, 10:21pm UTC](https://bisq.community/t/can-a-ring-of-trust-scale-the-fiat-to-crypto-protocol/8695/7 "2019-11-13T22:21:46Z")

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@m52go  
Eh… Don’t you in the first place agree that an anonymous p2p exchange is of a paranoid nature? With both identity and money put on risk.