robosats/frontend/src/components/InfoDialog.js

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import {Typography, DialogTitle, DialogContent, DialogContentText, Button } from "@mui/material"
import React, { Component } from 'react'
export default class InfoDialog extends Component {
render() {
return (
<div>
<DialogContent>
<Typography component="h5" variant="h5">What is <i>RoboSats</i>?</Typography>
<Typography component="body2" variant="body2">
<p>It is a BTC/FIAT peer-to-peer exchange over lightning. It simplifies
matchmaking and minimizes the trust needed to trade with a peer.</p>
<p>RoboSats is an open source project <a
href='https://github.com/reckless-satoshi/robosats'>(GitHub).</a>
</p>
</Typography>
<Typography component="h5" variant="h5">How does it work?</Typography>
<Typography component="body2" variant="body2">
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<p>AdequateAlice01 wants to sell bitcoin. She posts a sell order.
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BafflingBob02 wants to buy bitcoin and he takes Alice's order.
Both have to post a small bond using lightning to prove they are real
robots. Then, Alice posts the trade collateral also using a lightning
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hold invoice. <i>RoboSats</i> locks the invoice until Bob confirms he sent
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the fiat to Alice. Once Alice confirms she received the fiat, she
tells <i>RoboSats</i> to release the satoshis to Bob. Enjoy your satoshis,
Bob!</p>
<p>At no point, AdequateAlice01 and BafflingBob02 have to trust the
bitcoin to each other. In case they have a conflict, <i>RoboSats</i> staff
will help resolving the dispute.</p>
</Typography>
<Typography component="h5" variant="h5">What payment methods are accepted?</Typography>
<Typography component="body2" variant="body2">
<p>Basically all of them. You can write down your preferred payment
method(s). You will have to match with a peer who also accepts
that method. Lightning is fast, so we highly recommend using instant
fiat payment rails. </p>
</Typography>
<Typography component="h5" variant="h5">Are there trade limits?</Typography>
<Typography component="body2" variant="body2">
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<p>Maximum single trade size is 500,000 Satoshis to minimize lightning
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routing failures. This limit will be raised as the Lightning Network
matures. There is no limits to the number of trades per day
or number of simultaneous Robots you can use. </p>
</Typography>
<Typography component="h5" variant="h5">Is <i>RoboSats</i> private?</Typography>
<Typography component="body2" variant="body2">
<p> RoboSats will never ask you for your name, country or ID. For
best anonymity use Tor Browser and access the .onion hidden service. </p>
<p>Your trading peer is the only one who can potentially guess
anything about you. Keep your chat short and concise. Avoid
providing non-essential information other than strictly necessary
for the fiat payment. </p>
</Typography>
<Typography component="h5" variant="h5">What are the risks?</Typography>
<Typography component="body2" variant="body2">
<p> This is an experimental application, things could go wrong.
Trade small amounts! </p>
<p>The seller faces the same chargeback risk as with any
other peer-to-peer service. Paypal or credit cards are
not adviced.</p>
</Typography>
<Typography component="h5" variant="h5">What is the trust model?</Typography>
<Typography component="body2" variant="body2">
<p> The buyer and the seller never have to trust each other.
Some trust on <i>RoboSats</i> staff is needed since linking
the seller's hold invoice and buyer payment is not atomic.
In addition, disputes are solved by the <i>RoboSats</i> staff.
</p>
<p> While trust requirements are minimized, <i>RoboSats</i> could
run away with your satoshis. It could be argued that it is not
worth it, as it would instantly destroy <i>RoboSats</i> reputation.
However, you should hesitate and only trade small quantities at a
time. For large amounts use an onchain escrow service such as <i>Bisq</i>
</p>
<p> You can build more trust on <i>RoboSats</i> by <a href='https://github.com/reckless-satoshi/robosats'>
inspecting the source code </a> </p>
</Typography>
<Typography component="h5" variant="h5">What happens if <i>RoboSats</i> suddenly disapears?</Typography>
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<Typography component="body2" variant="body2">
<p> Your sats will most likely return to you. Any hold invoice that is not
settled would be automatically returned even if <i>RoboSats</i> goes down
forever. This is true for both, locked bonds and trading escrows. However,
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in the window between the buyer confirms FIAT SENT and the moment the
seller releases the satoshis, the fund could be lost.
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</p>
</Typography>
<Typography component="h5" variant="h5">It <i>RoboSats</i> legal in my country?</Typography>
<Typography component="body2" variant="body2">
<p> In many countries using <i>RoboSats</i> is no different than using Ebay
or Craiglist. Your regulation may vary. It is your responsibility
to comply.
</p>
</Typography>
<Typography component="h5" variant="h5">Disclaimer</Typography>
<Typography component="body2" variant="body2">
<p> This lightning application is provided as is. It is in active
development: trade with the utmost caution. There is no private
support. Support is only offered via public channels <a href='https://t.me/robosats'>
(Telegram)</a>. <i>RoboSats</i> will never contact you.
<i>RoboSats</i> will definitely never ask for your user token.
</p>
</Typography>
</DialogContent>
</div>
)
}
}