Topic: [ANN] Syscoin- FINAL 2.0 LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION* - page 53. (Read 582967 times)

Its pretty easy to do it.. I think the cumalative benefit of using the service will outweigh any missing features with todays implementation.. I personally dont think rep system is a show breaker but noone is right or wrong in a subjective matter.

It would be easy to gather feedback after payment and surface the rating on thr payment gateways or custom UIs like blockmarket can show next to the seller.

I could put up a store called Overstock and no one would know if it's really Overstock or just me.  That's where the rep system comes in.

Overstock and other large companies won't be interested in listing on Blockmarket until it's popular.  And it won't be popular until Average Joe is using it.  And Average Joe won't use it without a rep system.

eBay's success is due in large part to its rep system, and that's with reversible payments.  With irreversible blockchain payments, the rep system is even more important.

The users are not only the ebay alibaba listing types but say someone like overstock (no feedback) yet still people buy because they are regulated. My priority is to be able to put their stores on the blockchain.. there isthen a seperation of concerns between the function of a ecommerce site and the marketting of it via vetting/regulation/review system. Having a builtin rep system may not be useful for thesr businesses already in place which already solve the issue... however long term if there is demand it will get prioritized and done.

I don't think many people will use it without a rep system.  In fact, I think the lack of one is a big part of what's holding FreeMarket back.

No rep system yet although we talked about it. We have to get ppl to use first so we can service further requirements.

Does Blockmarket have a ratings system?

Too many moving parts.. needs to be simple. Also noone is focused on real integration. The ui is hard to use.

NXT FreeMarket has failed to gain any meaningful usage.  How will Blockmarket succeed?

Is there a ratings/trust system in place?

On it

imho 3500 very soon

syscoin will touch 350 very soon

(emphasis mine)

Excellent point and the focus of an upcoming blog post- its definitely not a light subject but we've been researching the various competitors (at a code level) or those to which we're compared to often (sometimes completely incorrectly, ie: SDC / p2p v SYS / on-chain). We're planning by the end of the week, weekend at the latest to have a post up with a clear comparisons between SYS and these other types of implementations- all with their own merits. We're running just a lil behind due to the busy marketing weekend and packaging blockmarket.

We've been rapidly iteratively updating the readme.MD files related to Blockmarket and all its related dependent libraries as we've been receiving very helpful feedback regarding "gaps" in the instructions. We'll also be working to make these instructions more Windows/Mac friendly as currently they are Ubuntu Linux based, and add a FAQ section and a small Wiki section as well.

Last night @coderboo and I were on "Let's Talk Bitcoin" for the first time the episode should be public in a week or so. I will get the "weekend wrapup" blog post up later tonight and also package up and release the 1.5.1.1 latest mainnet binaries with the new global DNS seeds for faster syncing anywhere in the world, additional checkpoints and a small bugfix. This release is not yet in 'master' so you should not pull and build manually yourself just yet, wait til the blogpost tonight please. With this update it should completely remove the need to use "addnode" anymore in your Syscoin.conf unless you're using addnode to connect to cakenet (testnet) nodes to test the 1.5.2 beta out, which we highly encourage  

It will be really good if you make a comparison between OB, SDC market, BitBay, NXT freemarket and SYS blockmarket.

Review also the security/vulnerability issues of these decentralized markets. 

No, the blockmarket IS ON THE blockchain. The address http://syscoin.market is only a 'viewing pane' for the actual listings. No server crash will take out the blockmarket. This is 100x better than OpenBazaar if for no other reason in my opinion.

Most likely, I know there's a place you are allowed to post in the pools section though! Good luck with your mining

Shhhh you'll scare the price up, I have some btc incoming in on Thursday. Hopefully I'll be able to buy some more cheap Sys 

So, that's the reason why they're deleting my posts. 

There is a beta release up now. Scroll up a few pages and see danosphere's release notes. For the plugins.. I have to sit down with the team and come up with a design and then software requirements spec.. depends on how busy the guys are but few weeks to get the design down and atleast a month of coding for a early sneak preview.

To solve the bloat we will do this as we update to latest bitcoin core.. and then implement our custom pruning solution as well as probably a lite wallet desktop version of the wallet which runs in SPV mode. Hopefully the IOS/Android wallets will be around by then too.

Perhaps the supernet dev's can help out in coding too now that we are collaborating.

Any ETA for a test release?

Good question, I plan on creating a blog post about the differences of something like OB, Shadow(SDC), BitBay etc (which are P2P based) and Syscoin which is blockchain based. OpenBazaar works with Ricardian contracts that try to mimick what the blockchain is doing externally while sending messages to nodes via p2p (BitMessage) about listings. The blockchain stores it in the ledger and is fully secure and a blackbox from system perspective.. more moving parts with the p2p model which may open it up to DDOS or Poison attacks. With the blockchain method (only Syscoin and NXT free market are the ones to do this) you dont store the listings on any particular node, they all get each listing and payments can happen offline. The front-end running the marketplace needs to be online (obviously) for the person to be able to view and pay for the offer.

Bloat is the ONLY downside with this method but MANY MANY upsides which you will see with very cool integrations I will do in the near future. The bloat issue can be solved by pruning the blockchain similar to the approach done in bitcoin recently which prunes old blocks that are fully spent (https://github.com/bitcoin/bitcoin/commit/f9ec3f0fadb11ee9889af977e16915f5d6e01944)