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Title: BitMarkets. (Also) A Decentralized Market Place. Post by: tokeweed on October 09, 2015, 04:16:10 AM Funny how we didn't notice BitMarkets. It's a decentralized market place much like OpenBazaar, but has a few differences. I think I am liking this one better because of it's "2 of 2 escrow" system that makes it truly trustless and makes the need for a third party escrower unnecessary. Check it out.
https://vimeo.com/135888102 (https://vimeo.com/135888102) https://voluntary.net/bitmarkets/ (https://voluntary.net/bitmarkets/) https://voluntary.net/bitmarkets/slides/Bitmarkets.pdf (https://voluntary.net/bitmarkets/slides/Bitmarkets.pdf) https://i.imgur.com/1kcgC8H.png Title: Re: BitMarkets. (Also) A Decentralized Market Place. Post by: knight22 on October 09, 2015, 04:41:05 AM I'm not so sure about 2 party escrow. Having to put money upfront for each trades might be pretty annoying but that's interesting and might work nonetheless. OpenBazaar will offer more escrow options though.
Title: Re: BitMarkets. (Also) A Decentralized Market Place. Post by: tokeweed on October 09, 2015, 05:15:09 AM I'm not so sure about 2 party escrow. Having to put money upfront for each trades might be pretty annoying but that's interesting and might work nonetheless. OpenBazaar will offer more escrow options though. I like it. It eliminates the need of an escrow agent. Also I like that it utilizes Tor. Title: Re: BitMarkets. (Also) A Decentralized Market Place. Post by: Kakmakr on October 09, 2015, 05:41:38 AM Would you mind explaining the 2 of 2 party escrow, compared to the normal escrow agent option? The diagram is not very clear on that. I also like the fact that it's using the Tor network to add some privacy, but it will once again turn into a Silkroad scene. ::)
Please explain. ^clueless^ Title: Re: BitMarkets. (Also) A Decentralized Market Place. Post by: tokeweed on October 09, 2015, 08:35:51 AM Would you mind explaining the 2 of 2 party escrow, compared to the normal escrow agent option? The diagram is not very clear on that. I also like the fact that it's using the Tor network to add some privacy, but it will once again turn into a Silkroad scene. ::) Please explain. ^clueless^ Read the pdf starting page 6. It's all there. Title: Re: BitMarkets. (Also) A Decentralized Market Place. Post by: knight22 on October 09, 2015, 12:52:37 PM I'm not so sure about 2 party escrow. Having to put money upfront for each trades might be pretty annoying but that's interesting and might work nonetheless. OpenBazaar will offer more escrow options though. I like it. It eliminates the need of an escrow agent. Also I like that it utilizes Tor. It's best suited for the black market than OpenBazaar might be IMO. Title: Re: BitMarkets. (Also) A Decentralized Market Place. Post by: VCLChief on October 09, 2015, 06:35:44 PM no win app?
Title: Re: BitMarkets. (Also) A Decentralized Market Place. Post by: tokeweed on October 09, 2015, 11:42:35 PM |
