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Author Topic: Decentralized Bit-shop on the block chain (More like classifieds)  (Read 838 times)
barwizi
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July 12, 2014, 11:02:55 PM
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This is partially something i read here on the forum, can't find the thread, but it got me thinking.

An in-QT listing of items being sold for BTC, or any other alt-coin. Rather than storing all the listings on the chain, they are stored on host nodes. Basically if i am selling something i just make a small tx, 0.00001 BTC and place the item details in the tx comment. The client would then parse the comments (ie, we'd need a standard format) in the chain and present them like a "classifieds" adverts. Clicking on an item would take you to a (secure) browser in the app that retrieves the information from the host machine (the sellers computer) for proper viewing of the item(s) for sale. Basically, we use the tx hash as a pointer to the items being sold.

Not sure if i phrased this right. But would such a system be feasible (maybe with a custom QT ? ) and would it actually be something worthwhile for the community?
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Relnarien
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July 13, 2014, 03:49:23 AM
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Not sure if i phrased this right. But would such a system be feasible (maybe with a custom QT ? ) and would it actually be something worthwhile for the community?

Adding a feature like that would actually be relatively easy for Namecoin and Florincoin since they already have the capability of storing extra information as part of a transaction. For other coins, the addition would require a change too drastic for what little it offers. It's not a useful feature, after all. Without a central authority regulating the "advertisements," it will pretty much be a digital warehouse for spam and scams. Anyone who actually needs such a feature will find it better to just advertise aggressively through legitimate channels.
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