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Title: Just throwing this out there. Post by: adamstgBit on October 03, 2014, 02:24:46 AM what bitcoin needs is a some hot ebay like market place that implements multi-sig in a easy way anyone can do it.
open bazaar has the right idea, but they messed-up the execution, i was all excited, then i learnt its in beta, and have to use linux plus have to read some long installation manual just to try it... being able to spend coins at new eggs is gr8 and all. but participating in a marketplace where poeple really do use bitcoin as it was intended, would be cool, like really cool. bitmit was really taking off, until they got hacked and lost 15BTC the trick will be to implement a JS multi-sig wallet so that the site itself never handles users funds and escrow is done with the multi-sig by the users themselves, in fact the multi sig wallet generated and signed by the participants should be temporary wallets that will unlock and forward the funds directly to the merchants personal secure wallet solution of choice, after the required n of m signateurs fulfill the contract, implemented is a straightforward easy way for users. your thoughts? Title: Re: Just throwing this out there. Post by: knight22 on October 03, 2014, 02:32:08 AM Wait for OpenBazaar to go out of beta?
Title: Re: Just throwing this out there. Post by: adamstgBit on October 03, 2014, 02:36:21 AM Wait for OpenBazaar to go out of beta? will it ever? and if it requires a linux machine and can't be accessed with a tablet or smartphone it's not going to be accessible to 99% of the poeple. wait wait wait. i want to build! Title: Re: Just throwing this out there. Post by: adamstgBit on October 03, 2014, 02:38:52 AM I'll need a JS library that makes implementations of m of n transactions possible
does this even exist? Title: Re: Just throwing this out there. Post by: justusranvier on October 03, 2014, 02:38:56 AM the trick will be to implement a JS multi-sig wallet so that the site itself never handles users funds and escrow is done with the multi-sig by the users themselves, in fact the multi sig wallet generated and signed by the participants should be temporary wallets that will unlock and forward the funds directly to the merchants personal secure wallet solution of choice, after the required n of m signateurs fulfill the contract, implemented is a straightforward easy way for users. Multisig is not the panacea everybody is making it out to be.Title: Re: Just throwing this out there. Post by: seriouscoin on October 03, 2014, 02:39:49 AM Wait for OpenBazaar to go out of beta? will it ever? and if it requires a linux machine and can't be accessed with a tablet or smartphone it's not going to be accessible to 99% of the poeple. wait wait wait. i want to build! says the dumbass with penguin avatar..... Hey dumbass, are you aware that it will run cross-flatform?guess what lang is it coded on? Title: Re: Just throwing this out there. Post by: Garr255 on October 03, 2014, 02:40:22 AM While not familiar with openbazzar, I certainly agree that this would serve a great deal of value to cryptocurrencies.
I'm certainly a proponent and would like to help such an effort however I can. Title: Re: Just throwing this out there. Post by: adamstgBit on October 03, 2014, 02:44:43 AM the trick will be to implement a JS multi-sig wallet so that the site itself never handles users funds and escrow is done with the multi-sig by the users themselves, in fact the multi sig wallet generated and signed by the participants should be temporary wallets that will unlock and forward the funds directly to the merchants personal secure wallet solution of choice, after the required n of m signateurs fulfill the contract, implemented is a straightforward easy way for users. Multisig is not the panacea everybody is making it out to be.giving buyers the ability to only unlock funds once the product arrives + a merchant reputation system, would make P2P commerce online posible. maybe the site could be the part of every contract and act as aribtor in case of disputes, a fee would be charged when the the aribtor is required, thats where the site would make its money Multi Sig sounds promising we need to play with it and see what we can achieve. Title: Re: Just throwing this out there. Post by: knight22 on October 03, 2014, 02:46:59 AM Wait for OpenBazaar to go out of beta? will it ever? and if it requires a linux machine and can't be accessed with a tablet or smartphone it's not going to be accessible to 99% of the poeple. wait wait wait. i want to build! I think development is doing good: Quote We’ve had a huge increase in community participation since our 1.0 launch last month. Since OpenBazaar launched at the end of April this year, we’ve had over 700 issues opened and pull requests (new code) submitted. More than 400 of the 700 have come in the last month alone, from 40 different contributors. We also passed 600 stars on Github. You can check out more stats on our Github page. https://blog.openbazaar.org/launching-openbazaar-beta-2-0/ This kind of platform is no easy task. Title: Re: Just throwing this out there. Post by: adamstgBit on October 03, 2014, 02:48:30 AM While not familiar with openbazzar, I certainly agree that this would serve a great deal of value to cryptocurrencies. I'm certainly a proponent and would like to help such an effort however I can. i'm not all that familiar with openbazzar either. i just read the headlines, and saw it required some effort to try the beta and was just a little disappointed. hopefully they can make it work on all platforms flawlessly Title: Re: Just throwing this out there. Post by: knight22 on October 03, 2014, 02:51:07 AM While not familiar with openbazzar, I certainly agree that this would serve a great deal of value to cryptocurrencies. I'm certainly a proponent and would like to help such an effort however I can. i'm not all that familiar with openbazzar either. i just read the headlines, and saw it required some effort to try the beta and was just a little disappointed. hopefully they can make it work on all platforms flawlessly You should listen to this. They are basically building exactly what you are proposing. The main challenge is to build a decentralized escrow reputation system. https://www.youtube.com/watch?v=E_iZvKw0IZU Title: Re: Just throwing this out there. Post by: adamstgBit on October 03, 2014, 02:52:15 AM Wait for OpenBazaar to go out of beta? will it ever? and if it requires a linux machine and can't be accessed with a tablet or smartphone it's not going to be accessible to 99% of the poeple. wait wait wait. i want to build! I think development is doing good: Quote We’ve had a huge increase in community participation since our 1.0 launch last month. Since OpenBazaar launched at the end of April this year, we’ve had over 700 issues opened and pull requests (new code) submitted. More than 400 of the 700 have come in the last month alone, from 40 different contributors. We also passed 600 stars on Github. You can check out more stats on our Github page. https://blog.openbazaar.org/launching-openbazaar-beta-2-0/ This kind of platform is no easy task. good stuff i guess just waiting for OpenBazaar to come out of beta will be the thing to do cool. Title: Re: Just throwing this out there. Post by: adamstgBit on October 03, 2014, 02:56:23 AM While not familiar with openbazzar, I certainly agree that this would serve a great deal of value to cryptocurrencies. I'm certainly a proponent and would like to help such an effort however I can. i'm not all that familiar with openbazzar either. i just read the headlines, and saw it required some effort to try the beta and was just a little disappointed. hopefully they can make it work on all platforms flawlessly You should listen to this. They are basically building exactly what you are proposing. The main challenge is to build a decentralized escrow reputation system. https://www.youtube.com/watch?v=E_iZvKw0IZU this seems interesting i will have to listen to this tomorrow thanks. Title: Re: Just throwing this out there. Post by: vipgelsi on October 03, 2014, 03:01:27 AM Escrow idea is good.
Title: Re: Just throwing this out there. Post by: Westin Landon Cox on October 03, 2014, 10:36:30 AM From what I've read, JavaScript is a terrible language for a program that is meant to be secure.
It has no well defined semantics. It would be easy for browser implementations to maliciously interpret code (e.g., secretly sending private keys to the NSA). Trusting a program written in JavaScript means trusting Microsoft, Apple, Mozilla, etc. Am I wrong about this? Title: Re: Just throwing this out there. Post by: Bitpreneur on October 03, 2014, 10:56:03 AM I couldn't agree more. I run/am building a few Bitcoin-based businesses and would love to see more opportunities to reach customers. Open Bazaar was just... bizarre. I like what they're doing with it, but it'll never expand to the critical mass that it needs due to the amount of technical work that needs to go into it. One truth about anything web-based - if you make it too hard to use, people won't use it.
I like what happened with Bitcoin Black Friday that did a lot to boost the Bitcoin economy - but we need it year round! Title: Re: Just throwing this out there. Post by: Q7 on October 03, 2014, 12:13:48 PM If there was one that relies solely on bitcoin and nothing else as payment mode, that would be great
Title: Re: Just throwing this out there. Post by: runam0k on October 03, 2014, 12:37:02 PM I couldn't agree more. I run/am building a few Bitcoin-based businesses and would love to see more opportunities to reach customers. Open Bazaar was just... bizarre. I like what they're doing with it, but it'll never expand to the critical mass that it needs due to the amount of technical work that needs to go into it. One truth about anything web-based - if you make it too hard to use, people won't use it. It's currently in beta. There will be a Windows install package in due course.Open Bazaar really does tick all the boxes. Soon, people, soon. Title: Re: Just throwing this out there. Post by: chennan on October 03, 2014, 01:06:00 PM When the official version Open Bazaar come out, it will hit the market. The first e-commence system is implementing decentralized concept paying by bitcoin. It will save a lot of fees for the buyers and sellers. Every one who know about cryptocurrency will rush to try their service.
Title: Re: Just throwing this out there. Post by: Bitpreneur on October 03, 2014, 07:25:29 PM When the official version Open Bazaar come out, it will hit the market. The first e-commence system is implementing decentralized concept paying by bitcoin. It will save a lot of fees for the buyers and sellers. Every one who know about cryptocurrency will rush to try their service. Patience... how long is that going to take?! ;) It's cool, I'm just really wanting to see something happen soon. Many ideas, and I need a place for them. Title: Re: Just throwing this out there. Post by: ChuckBuck on October 03, 2014, 07:51:07 PM Why do we have to install anything for OpenBazaar if we're on a desktop, Linux or Windows?
I don't have to install anything to launch eBay, I just load up a website and I'm buying and selling. Unless OpenBazaar follows a similar design, it's doomed to fail. Need to make it more for the masses, not just a niche crowd. Title: Re: Just throwing this out there. Post by: jbreher on October 05, 2014, 01:44:31 AM Why do we have to install anything for OpenBazaar if we're on a desktop, Linux or Windows? Decentralized. Think it through. Title: Re: Just throwing this out there. Post by: Superhitech on October 05, 2014, 02:20:48 AM While we are waiting for open bazaar I think there is cryptothrift.com not exactly what you are looking for, but kind of.
Title: Re: Just throwing this out there. Post by: BTCmoons on October 05, 2014, 06:29:41 PM the trick will be to implement a JS multi-sig wallet so that the site itself never handles users funds and escrow is done with the multi-sig by the users themselves, in fact the multi sig wallet generated and signed by the participants should be temporary wallets that will unlock and forward the funds directly to the merchants personal secure wallet solution of choice, after the required n of m signateurs fulfill the contract, implemented is a straightforward easy way for users. Multisig is not the panacea everybody is making it out to be.giving buyers the ability to only unlock funds once the product arrives + a merchant reputation system, would make P2P commerce online posible. maybe the site could be the part of every contract and act as aribtor in case of disputes, a fee would be charged when the the aribtor is required, thats where the site would make its money Multi Sig sounds promising we need to play with it and see what we can achieve. Title: Re: Just throwing this out there. Post by: agoraadnim on October 05, 2014, 06:45:50 PM Sounds awesome. Hopefully it puts ebay out of business! :)
Title: Re: Just throwing this out there. Post by: slaveforanunnak1 on October 05, 2014, 07:22:39 PM Brace yourselves! Winter is coming!
After Ethereum goes live.... we all will have a brighter future. HODL. Title: Re: Just throwing this out there. Post by: mnmShadyBTC on October 05, 2014, 07:59:57 PM When the official version Open Bazaar come out, it will hit the market. The first e-commence system is implementing decentralized concept paying by bitcoin. It will save a lot of fees for the buyers and sellers. Every one who know about cryptocurrency will rush to try their service. I think a lot of people will rush to use it once it "officially" launches however I also think that a lot of people will rush to try to scam users which will at least result in a lot of "failed" transactions and a more likely scenario is that a lot of people will succeed in scamming and people will not want to use it after a short timeTitle: Re: Just throwing this out there. Post by: sublime5447 on October 05, 2014, 08:14:52 PM No market based on bitcoin is gonna work the only reason illegal services are at all viable with bitcoin is because of artificially high demand. People are willing to go through all the stupid bullshit to get some bitcoin to buy some Oxycontin but not for printer ink.
The problems are structural with bitcoin mostly it is not a currency, it has no market price which violates the regression theorem which means its not money and you cant base a marketplace on it. It would be like basing a marketplace on rare paintings. Title: Re: Just throwing this out there. Post by: Get.BTC.Now on October 06, 2014, 02:07:16 PM Sounds awesome. Hopefully it puts ebay out of business! :) Why should ebay be out of business? Did they scam you? Title: Re: Just throwing this out there. Post by: BrunesBTC45 on October 09, 2014, 01:46:27 AM Sounds awesome. Hopefully it puts ebay out of business! :) Why should ebay be out of business? Did they scam you? This one got his grudge over ebay Title: Re: Just throwing this out there. Post by: Connor936 on October 09, 2014, 03:35:21 AM No market based on bitcoin is gonna work the only reason illegal services are at all viable with bitcoin is because of artificially high demand. People are willing to go through all the stupid bullshit to get some bitcoin to buy some Oxycontin but not for printer ink. Over time as more people start to use the price of bitcoin will start to be more stable which will take care of this issueThe problems are structural with bitcoin mostly it is not a currency, it has no market price which violates the regression theorem which means its not money and you cant base a marketplace on it. It would be like basing a marketplace on rare paintings. Title: Re: Just throwing this out there. Post by: dillpicklechips on October 09, 2014, 05:38:14 AM Just like there is web wallets, there will be web versions of openbazaar. Simple and easy for everyone and those who want to run there own market will have the choice.
In the mean time there is: http://www.coincola.com/ Title: Re: Just throwing this out there. Post by: turvarya on October 09, 2014, 06:30:11 AM "OpenBazar is not ready yet, let's start a new project, which does the exact same thing"
Did I get the basic message right? ;) Title: Re: Just throwing this out there. Post by: n0rBit on October 14, 2014, 02:29:37 PM Hmmmm.. I think there is a section here to buy and sell goods for btc?
Title: Re: Just throwing this out there. Post by: tzortz on October 14, 2014, 04:05:33 PM Going mainstream?
Title: Re: Just throwing this out there. Post by: TheButterZone on October 14, 2014, 08:05:35 PM Hmmmm.. I think there is a section here to buy and sell goods for btc? https://bitcointalk.org/index.php?board=51.0 |