Hi Just wondering what the reason is that no darknet items aren't allowed on bitbay?
I'm checking out bitbay and its interesting, advanced blockchain tech yes, but potentially a big success with 1000s of users? I'm not sure. Maybe.
For westerners its clearly better just to use Amazon or eBay, they work, they are reliable and sure there are some fees but clearly not enough to bother people. That is unless its a darknet item. I could see bitbay being a success in the west if used for that but it says in the client that is not allowed.
As for it being used by people in third world countries who are blocked from amazon + eBay, there is still the disadvantage of having to sync the blockchain, as well as learn how to use it (its a bit more complicated than buying from a regular website), but it is no doubt useful there.
Also if there is only 1 (great) developer and no marketing budget how will word spread? Marketing is clearly an issue at the moment.
Not trying to be negative, just casting a critical eye to the project as I consider it as an investment.
Also how long before the other smart contract options are available, like "find a job" or "hire someone"? They look useful.
If there was a web-client with no download required and no syncing, just smart contracts on a website that would be very usable.
Also why is there nothing at all in the market?
Still I remain interested in bitbay. Look forward to replies.
Thanks.
Okay so there is so much to mention here...
First off the reason why it's not Darknet is because I'm not anonymous and I'm trying to reach a wider audience. With that said, this is probably the perfect "Darknet" market... its what Shadowcash is attempting and we've been done with it over a year with much more features especially hard core security ones to boot. Their markets don't even exist yet and they got the idea of double deposit from Halo. I even remember when VeritasBS tried to reverse engineer my code because I refused to work on his coin. There was a funny dispute on reddit about that years ago. The only thing BitBay doesn't have is anonymous transactions like Monero. Bitmessage is completely anonymous though and I've discussed with a security expert and he thinks Bitmessage might be more anonymous than Tor (due to control of exit nodes attack on Tor).
The power of double deposit escrow and pegging are a million times more powerful than some small dark market in the corner of the internet. This is tech that can truly change the world for the better. I've fallen in love with double deposit ever since I had the idea 4 years ago.
The news already did an article on my markets and I think this article explains it best:
https://motherboard.vice.com/en_us/article/this-decentralized-bitcoin-market-is-for-legal-stuff-onlyI'm a freedom lover and want to free people. But this means freeing people who don't realize they need to be freed. Average everyday consumers, the ones whose souls need it the most. Double deposit escrow is the PERFECT tool to eliminate deception from society. 2 party trustless double deposit escrow is why I've worked 4 years straight in Bitcoin as a dev on Halo.
So I will then ask you, don't you see the value in the unbreakable contracts?
You claim that Ebay and Amazon are so much better, but have you considered the sellers can send you an empty box and complain and reverse paypal payments? And what about Freelancer and Elance? Are you aware they can lie about their credentials and pad their hours and do poor work? And what about the fees middle men collect? And there is tons of other kinds of contracts. Everything in society is based on agreement. We have solved agreement which is a major piece of the puzzle. And the rolling peg is the beginning of the solution to the economy aspect (supply/demand).
Sure you can find more items on Ebay and Amazon but we have already discussed reselling E-bay items on the Bitbay markets by forwarding shipping. Middle men must be eliminated from society once and for all it is a bad foundation for any contract. The only people who should be judge, jury and executioner of a contract are the two parties themselves. Any addition of a third party destroys the truth and freedom of the deal. If the root of the tree is bad, the leaves perish. We are planting a NEW TREE. This tree is designed to be healthy and bear fruit. Do you really think this coin won't be huge in the future? Look at what it does.
Deception is not possible in BitBay. The deposits are placed by both sides so they MUST be honest or lose their deposits! How can I limit this important concept to a small subsection of the internet?
Just so you know, we have the moderation key but Bitmessage is practically a decentralized internet... so we can't know about every market that exists there. We moderate the ones we know about.
I'm aware I'm not liable for the "internet" and cannot possibly prevent how people use the software nor do I want to nor am I legally obligated to(I'm just an open source dev). But still we are looking to reach a much bigger audience.
I've done a big initiative to market recently and it was a big distraction from work. We have published tons of articles over the past month including a paid PR campaign. But that means I'm editing interviews, articles and managing community and it is as you say impossible to do that and code. Happily, the slack and bitcoin talk group is probably one of the best and tight knit in all of crypto. These guys are there to test and constantly give enthusiasm to the project.
As for the synchronization that can eventually be solved by having the client look up the balance on chainz. But for now it downloads the blockchain. With that said BitHalo does not download the chain and uses the method i just described.
The Cash for Coins templates work. The rest of the templates are coming very soon. For now you can still hire people using the custom template.
As for orders there was always about 10 or so on the markets you have to wait for the markets to sync it can take hours. Also i think most of the orders are pulled waiting for the updated build on the 22nd.
And I don't think you were being negative, those are very cutting edge questions that need to be asked.
