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peachbitcoin
Member since: 2023-02-13
peachbitcoin
peachbitcoin 7d

πŸ‘Public Service Announcement for the peaches who waited too long for their sats this weekend πŸ‘ GroupHug, our transaction batching system, was skipping transactions that couldn't match the current fee rate at batch time. Problem: fees spike, your tx gets left out, waits 24h, fees spike again, repeat. Very unlucky. Some of you waited up to 5 days. Not acceptable. Sorry. Fix applied: we stop skipping, and include all PSBTs. When fees drop back, your tx confirms. If they don't come back down for too long, we'll CPFP it.πŸ‘¨β€πŸ‘¦β€πŸ‘¦ Your sats were never at risk. We just need GroupHug to actually hug everyone.πŸ€—πŸ‘ Happy stacking yall

peachbitcoin
peachbitcoin 21d

NEW FEATURE : EXPERIENCE LEVEL One of the latest features that was shipped at Peach could use a small clarification. We call it experience level.πŸ‘‡πŸ‘ tldr; you can now create offers that are specifically meant for new users, or solely for experienced traders. How well a trade proceeds mostly depends on your trade counterpart behavior. Answering fast ? Good Speaking clearly ? Good Staying predictable ? Great ! Now while these traits are not particularly difficult to adopt, new users may need a little bit of practice to integrate these. Therefore the trade is more likely to be prolonged, or not go through at all. Its more risky! Which means trading with a new user may require a different kind of approach. Typically : - lower amounts - higher premiums - an adjusted level of patience Quite different that what one would set with the expectations of "good" behavior from experienced counterparts. For arbitrageurs, it would be easier to clearly separate the two kinds of offers. This why we're introducing the possibility to craft offers only for specific experience levels. This will allow three things : - arbitrageurs can organize their offers more thoroughly - new users may find offers more easily - create offers for experienced users only without needing the "instant" feature Right now, the scale is binary. Less than 4 trades ? New user. More that 3 trades ? Congratulation, you've been promoted to "experienced user". You have gained access to more liquidity. More is expected of you so be careful, the mediators may not be so tolerant on bad behavior. This is what the new cards will look like. How to set it up : in the offer creation process, toggle the experience level on. Then chose your target. If needed, check-out Alex's short explanatory video : https://t.me/peachtopeach/56750 We hope you enjoy it ! Any feedback appreciated. πŸ‘βœŒοΈ

peachbitcoin
peachbitcoin 21d

Hello PeachesπŸ‘ Its app release day. This one is a bit different than usual : its mandatory. The reason why we forced users to update their Peach App was due to an ordinary usage of the API. It was possible for the Seller to submit the release Tx directly to a Bitcoin Node, which would disturb Peach's normal functioning and affect the users' reputation. Fixing this required a non-backwards compatible change. We don't like to force our users to update, but this had to be done. Little explanation video below. Additionally here are new features that come with the release : - seller submits the release Tx signature, not the full Tx - offers created for specific user (by experience level) - m-pesa alerts - SEPA origin country is now displayed before trade is started - Push Notifications for Trade Requests rejection

peachbitcoin
peachbitcoin 27d

New app update ! PGP keypair derivation, payment details encryption, tx IDs, and importantly for our African brothers: more info about the Revolut to MPesa settlement. More details belowπŸ‘‡ exactly what's new: 1 - new accounts will generate a PGP Keypair based on their Seed Phrase. 2 - Payment Details are encrypted and backed up to the Peach Server Why we're doing this: We are starting the process of moving away from the file backup. We want to make the peach account fully recoverable with the seed alone. It will be much more practical than keeping a file. This will also address the problem of having the same Peach account on 2 different phones but have different payment methods on each phone, which leads to errors. Your PGP key will be derived from your seed (if you are creating a new account) and your Payment Details will be encrypted by you and stored in the Peach Server (as always, we can't decrypt them, only you can). If you are an existing user, stay tuned to know how to take advantage of this. 3 - Transaction IDs are copiable (thanks Anton for the suggestion!) 4 - Buyers are informed they will enter a trade with MPesa (Revolut & Wise) Sellers Since we enabled M-Pesa as a version of Revolut and Wise, we added some extra warnings for Buyers to be aware that the Seller is expecting the M-Pesa version of the payment, plus a very clear indication: the Buyer *only* pays the amount shown on the Peach App. Nothing more, nothing less. Extra fees from the transfer are on the seller to bare. Thanks for using Peach everyone !

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#bitcoin peer2peer exchange on a mobile app! πŸ€™ Contact us at [email protected] with public key https://keys.openpgp.org/vks/v1/by-fingerprint/48339A19645E2E53488E0E5479E1B270FACD1BD2 Fingerprint 48339A19645E2E53488E0E5479E1B270FACD1BD2

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