Bitpost - the decentralized system for global parcel delivery

[BitpostNetwork]

Bitpost | Decentralized parcel delivery

Bitpost is a fully decentralized parcel delivery system leveraging community members to provide services in their local areas, thereby building a global logistics network. Open to everyone. Beyond anyone's control. Powered by blockchain.



Website:
➡️ https://bitpost.cc

White paper:
➡️ https://bitpost.cc/whitepaper.pdf



Decentralized Logistics Network

Unaffiliated individuals build the global logistics network by operating sorting hubs, delivering parcels, or hosting electronic parcel lockers in areas where they live. The service coverage is constantly expanding until it spans the entire globe. Participants are incentivized for their honest work and penalized for protocol violations, allowing untrusted parties to securely exchange parcels entrusted by customers.


Game-changer for the Shipping Industry

Instead of relying on centralized sorting facilities, Bitpost uses a peer-to-peer like approach, where closely located sorting hubs exchange parcels with their neighbors. The network can scale dynamically, attracting more participants and increasing the frequency of transport between key distribution points, reducing delivery times with the only limit of actual transit time between sender and recipient.


Trustworthy Shipping Method

Security deposits locked in smart contracts guarantee compensation for lost or damaged parcels. Tracking statuses are immutable records on the blockchain, automatically generated during the parcel handoff and confirmed by cryptographic signatures, making them tamper-proof. Utilizing these mechanisms, Bitpost fosters a transparent and trustworthy logistics environment, ensuring that customers can rely on the integrity of the service.


Privacy by Design

Users can start using Bitpost instantly, without agreements or formalities. Instead of relying on government-issued IDs, users are identified solely by the cryptographic keys of their connected wallets, allowing network participants and parcel locker users to remain fully anonymous. For home deliveries, Bitpost maximizes the privacy of both the sender's and recipient's addresses.


Market-Driven Pricing

Instead of fixed rates for sending a parcel, Bitpost operates on a flexible, market-driven pricing model. Customers propose a fee, and drivers choose to accept only the jobs they find profitable. This decentralized approach creates a competitive environment within the network, encouraging continuous cost optimization among service providers.


In Harmony with Web3

Third-party smart contracts can interact with Bitpost's smart contracts to manage shipments, monitor their statuses, and take automated actions. The emergence of fully decentralized, Web3-compatible logistics system makes previously unattainable models, such as decentralized marketplaces, storage, rental services or pawnshops will be able to thrive.



X (Twitter):
https://x.com/BitpostNetwork

TikTok:
https://www.tiktok.com/@BitpostNetwork

[coin-investor]

OP is your platform in a developing stage, I don't see it is, its a complete platform already and not in planning stage, You have announced your project on the wrong board of the forum; you should have opened it in the altcoin announcement because it includes selling of the token.

You cannot maximize the promotion of your platform if you're posting in the wrong section, its better to acquire a copper account and hire a designer for your thread to make it appealing, An infographic for a project like yours is good to understand how your platform works.

[BitpostNetwork]

Bitpost is not ready yet, it's still in the development stage. The intention of this post is to promote the idea rather than any token, making it appropriate for this board. Please check out the project's white paper, which contains many infographics, and the TikTok videos that explain many things in a simple way.

[coin-investor]

Bitpost is not ready yet, it's still in the development stage. The intention of this post is to promote the idea rather than any token, making it appropriate for this board. Please check out the project's white paper, which contains many infographics, and the TikTok videos that explain many things in a simple way.

You are on the development stage, and yet you are doing a pre-sale. I find it odd that a pre sale is going on a project that is not ready to be launched for promotion. No wonder you only got $40 from your $1.4 million target.

https://bitpost.cc/bpg/

Not to hurt your feeling but only suggesting the best way to proceed, what exactly are missing for you to fully blast the promotion, Only a few investors and supporters frequent this section; you can find them in the Altcoin Announcement

All you need is a copper account and a well-designed announcement. And If you have a budget, you can do a bounty campaign.
Bounties

[Vod]

Did you abandon your Nefario account because of the negative trust?

[BitpostNetwork]

Our project has no affiliation with an account / project / anything named "Nefario".

[ABCbits]

I briefly read the whitepaper, but i don't understand how you can achieve full decentralization. For example,

Compensation for lost or damaged parcels is guaranteed by a security deposit locked
in a smart contract by the party currently handling the package. This contract
outlines clear conditions and timelines for releasing funds to the affected customer.

What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?

Did you abandon your Nefario account because of the negative trust?

I briefly checked that account[1] and references on the negative feedback, but i didn't see correlation between that and OP's account. Do you mind to explain further?

[1] https://bitcointalk.org/index.php?action=profile;u=3046

[examplens]

Bitpost is not ready yet, it's still in the development stage. The intention of this post is to promote the idea rather than any token, making it appropriate for this board.

Be sure to stop spamming the forum and threads that have been inactive for years.
Now you have your own topic and write everything relevant to your project here.

[Vod]

Did you abandon your Nefario account because of the negative trust?

I briefly checked that account[1] and references on the negative feedback, but i didn't see correlation between that and OP's account. Do you mind to explain further?

[1] https://bitcointalk.org/index.php?action=profile;u=3046

No explanation; I asked and OP answered.  It just seemed odd that the two projects are so similar.

[joniboini]

What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?

Based on their explanation of the Security Deposit, looks like the sender can make a claim only if there's no movement on the parcel within a specific timeframe. Not sure how they'll handle the dispute if the member who delivers the parcel faces some issue and the package is not damaged. I assume there'll be an arbitration method otherwise each member must send the package asap if they don't want to lose their deposit money.

[dkbit98]

What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?

I would like to hear their explanation about that also, but I think they didn't plan project to go so far.
In my opinion their main goal is just token presale, and maybe few years ago they would actually get some funding.
Even if this project is real, and I doubt that, this won't be released before 2026 or 2027 if ever.

''humble'' goals:

BPG hard cap is $1,200,000. Once this amount is collected, the pre-sale will end immediately

[ABCbits]

What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?

Based on their explanation of the Security Deposit, looks like the sender can make a claim only if there's no movement on the parcel within a specific timeframe. Not sure how they'll handle the dispute if the member who delivers the parcel faces some issue and the package is not damaged. I assume there'll be an arbitration method otherwise each member must send the package asap if they don't want to lose their deposit money.

That's possible, although their whitepaper doesn't mention word "arbitration" or "dispute". On centralized or semi-centralized system, an oracle or third party is the one who check and decide the outcome. But i wonder how it works on Bitpost which claim itself as fully decentralized.

[BlackHatCoiner]

What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?

I haven't read the whitepaper, but theoretically, shouldn't there be a DAO for those purposes? For example, in Bisq, there's a group of people, elected based on their BSQ holdings, which facilitate disputes.

I do however hold an empty basket, as the OP does not seem to genuinely want to create a decentralized marketplace, as he apparently wants it to be based on Ethereum, which is a centralized shitcoin.

[BitpostNetwork]

What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?

Look, Bitpost doesn’t rely on any claims or disputes. Handling a parcel involves multiple handoffs along its route, such as sender-driver-hub-driver-hub-driver-recipient. Each handoff must be confirmed on the blockchain through a transaction originating from the receiving party's wallet. Executing such a transaction transfers full responsibility for the parcel to the receiving party and absolves the previous party of any further liability. Therefore, if a parcel is lost or stolen, or if the courier arrives with a damaged package, no subsequent participant in the process will certify its handoff, so if the parcel remains "on hold" with a party for a certain period without any movement, the sender has the right to claim compensation from its current holder security deposit.

Based on their explanation of the Security Deposit, looks like the sender can make a claim only if there's no movement on the parcel within a specific timeframe. Not sure how they'll handle the dispute if the member who delivers the parcel faces some issue and the package is not damaged. I assume there'll be an arbitration method otherwise each member must send the package asap if they don't want to lose their deposit money.

The system distinguishes between situations where a parcel has not moved due to uncontrollable factors (e.g., a lack of available couriers in the area) and deliberate situations (e.g., couriers expressed a desire to transport the parcel further but were unable to do so because the hub lost or damaged the package). In the first case, compensation will not be granted, whereas in the second case, it will be.

In my opinion their main goal is just token presale, and maybe few years ago they would actually get some funding.
Even if this project is real, and I doubt that, this won't be released before 2026 or 2027 if ever.

Regardless of the outcome of the presale, we won't abandon our efforts without testing this idea by delivering a complete product. It’s something that has the potential to change the world, tbh we treat it as a project of our lives. We have already completed around 70% of the smart contracts and 20% of the frontend, even without any presale. Not to mention the months spent designing all these business logic / security / privacy mechanisms and experimenting with various architectures. However, solid funding is essential to focus on it full-time and launch it with a bang.

I do however hold an empty basket, as the OP does not seem to genuinely want to create a decentralized marketplace, as he apparently wants it to be based on Ethereum, which is a centralized shitcoin.

You might be surprised, but we agree with you about Ethereum after transition to Proof of Stake. However, we consider the EVM technology to be brilliant and a solid foundation for our project. That’s why, for the Bitpost project and related initiatives, we’ve already developed the world’s first blockchain fully compatible with Ethereum, utilizing hard drives for mining. This offers security and decentralization similar to Proof of Work but with a fraction of the energy consumption. It’s designed so seamlessly that our beacon client communicates with the original execution client, such as Geth, through the official API, replacing Proof of Stake with an alternative consensus algorithm. To be honest, we’re not currently promoting it because, after a year of flawless operation, it has halted due to poorly adjusted difficulty constants and a decline in users. However, this issue will be addressed, and it serves as a clear signal for us to accelerate our efforts on the project, because otherwise, we risk losing our community.

[ABCbits]

What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?

Look, Bitpost doesn’t rely on any claims or disputes. Handling a parcel involves multiple handoffs along its route, such as sender-driver-hub-driver-hub-driver-recipient. Each handoff must be confirmed on the blockchain through a transaction originating from the receiving party's wallet. Executing such a transaction transfers full responsibility for the parcel to the receiving party and absolves the previous party of any further liability. Therefore, if a parcel is lost or stolen, or if the courier arrives with a damaged package, no subsequent participant in the process will certify its handoff, so if the parcel remains "on hold" with a party for a certain period without any movement, the sender has the right to claim compensation from its current holder security deposit.

Excuse me, but i'm still confused about how Bitpost prevent false claim. For example,
1. What if "hub" received package from "driver" without any damage, but refuse to perform handoff because the "hub" wants to mess with the "driver" or Bitpost system?
2. How about damage on the package which can't be found without opening the package?

[BitpostNetwork]

1. What if "hub" received package from "driver" without any damage, but refuse to perform handoff because the "hub" wants to mess with the "driver" or Bitpost system?

Nothing should rely only on trust, the handoff transaction should be confirmed during a physical meeting when parcels are exchanged between two network participants.  If a hub operator refuses to accept a package, the driver should take it to another hub, even back to the original hub from which it was collected. If a package is damaged, other hubs should also refuse it. However, if someone just wants to cause trouble, it shouldn't be difficult to find another drop-off location. The driver can also choose to remove that problematic hub from their routes. If this situation recurs and all drivers disconnect from a particular hub, it will no longer be used for future routes and may ultimately close.

2. How about damage on the package which can't be found without opening the package?

Unfortunately, the original Bitpost implementation states that if a package has damaged contents but shows no visible signs of box damage, it is considered to have been inadequately secured by the sender. In such cases, compensation will not be possible. However, since this is a community-driven project, if this approach leads to user dissatisfaction and a reliable solution is proposed, the community can vote to implement a change.

[BlackHatCoiner]

You might be surprised, but we agree with you about Ethereum after transition to Proof of Stake.

Always has been.

That’s why, for the Bitpost project and related initiatives, we’ve already developed the world’s first blockchain fully compatible with Ethereum, utilizing hard drives for mining.

What mining are you talking about, and how do hard drives "mine"?

Unfortunately, the original Bitpost implementation states that if a package has damaged contents but shows no visible signs of box damage, it is considered to have been inadequately secured by the sender. In such cases, compensation will not be possible. However, since this is a community-driven project, if this approach leads to user dissatisfaction and a reliable solution is proposed, the community can vote to implement a change.

You're not going to have a community if you don't set clear what happens in the case of a parcel being damaged, which is very common in the industry. AFAIU, someone can just join, claim he sells iPhones, sends trash instead, and won't be punished.

[BitpostNetwork]

You might be surprised, but we agree with you about Ethereum after transition to Proof of Stake.

Always has been.

What other technology would you prefer for such a project?

What mining are you talking about, and how do hard drives "mine"?

It's the Proof of Space and Time algorithm. You can find more information here: https://docs.bpxchain.cc/books/bpx-chain/chapter/consensus

You're not going to have a community if you don't set clear what happens in the case of a parcel being damaged, which is very common in the industry.

We have effective solution for the most critical and likely issues: loss, theft, and visible damage to the package. I suspect that situations where the contents of a properly secured package are damaged without any visible damage to the outer packaging are extremely rare, but this assumption is not backed by any data. After launching the minimal viable product, we’ll be able to estimate the scale of this issue and address it if necessary.

AFAIU, someone can just join, claim he sells iPhones, sends trash instead, and won't be punished.

If the sender places trash in the package, Bitpost will deliver that trash to the recipient. The dispute regarding whether a package should contain something different lies between the seller and the buyer. In this case, Bitpost has properly executed its duty by transporting a sealed package from point A to point B.
Anyway, I don't see why anyone would use Bitpost to send trash instead of ordered products. From a scammer's perspective, it would be better to just offer traditional delivery methods and not send anything at all.

However, if we’re discussing a situation where the seller sent the correct item, like an iPhone, and one of the Bitpost couriers swapped it for trash during transit, there are solutions in place to minimize the risk of such fraud. A package containing valuable items can be secured in tamper-proof packaging, contain seal stickers or holograms that are difficult to replicate. The sender of any Bitpost parcel can upload a photo of the package, which will be displayed to every network participant during the handoff. Any inconsistencies will result in the package being rejected at subsequent stage of transport.
Regardless, this can happen with traditional shipping companies or national postal services as well and identifying the culprit among employees of a large corporation who had access to the package during its multi-stage journey is likely no easier than with Bitpost.

[Synchronice]

Can you give me an argument why should I use Bitpost instead of DHL? You are trying to build a business that worth billions of dollars, I hope you realize that.
I don't understand what's the P2P approach in shipping. You need centralized sorting facilities to collect parcels and then ship them to their destinations.

I don't understand how you are a game changer company in parcel delivery. Yes, you are privacy oriented, good, users are identified by the cryptographic keys of their connected wallets but have you done a research about how many people use crypto wallets around the world? Have you idea how many people will be able to use crypto wallet to get your service? I think you haven't done a research there because as you claim, you are a gamechanger but I believe you'll have no chance against parcel delivery companies. There is nothing that makes me to choose you over DHL, you won't be able to cover my local area and other areas. Can you prove me wrong?

[BitpostNetwork]

Can you give me an argument why should I use Bitpost instead of DHL?

Primarily to shorten delivery times. In Bitpost, anyone can become a driver, and there’s no limit to the number of drivers in a given area. Some may treat this as a full-time job, while others might work evenings or just on weekends. Parcels can be transported by individuals traveling for vacation, family visits, or by drivers returning with empty vans from other jobs. In the vast community, there will always be someone willing to transport your package, whether intentionally or by the way. So, if you order something from an online store on a Saturday at 12:00 PM, a favorable arrangement of routes could make you'll be enjoying your product before the evening. How would it work with DHL? On Saturday, nothing. On Sunday, nothing. On Monday, there’s a pickup, followed by overnight transport to the central sorting facility, and delivery on Tuesday. Total time: four days.

Additionally, there's a high level of privacy, an innovative tracking system, independence from the banking system, and easy integration with decentralized applications.

I don't understand what's the P2P approach in shipping. You need centralized sorting facilities to collect parcels and then ship them to their destinations.

We need sorting facilities, but Bitpost hubs are not centralized. They are established by community members and operate independently of one another and any central entity.

Yes, you are privacy oriented, good, users are identified by the cryptographic keys of their connected wallets but have you done a research about how many people use crypto wallets around the world? Have you idea how many people will be able to use crypto wallet to get your service?

Bitpost partially addresses this issue by enabling the typical crypto-disabled consumer to receive packages without a wallet and crypto. This is well-explained in the project's white paper: https://bitpost.cc/whitepaper.pdf

There is nothing that makes me to choose you over DHL, you won't be able to cover my local area and other areas. Can you prove me wrong?

We may not be able to cover any area, but incentivized community from around the world certainly can.