privacy is a very important thing in this era, this is clear, but I think this is not a reason why this project will go on or not. they have to protect people money in beetwen deposit and transaction. a reasonable amount of privacy is enough to protect private chat and so on.
This problem has already been addressed as The Block provides an escrow system, guaranteed by BitBoost. Buyers send payments to this escrow system. Payments are released to sellers only when goods have arrived as expected. Any disagreements will be handled through arbitration, further reducing risk. BitBoost's escrow system allows sellers to designate any provider they wish to serve as their escrow agent.
I've already read it on the page "features" from bitboost site. my message is more from users that to developers. you should concentrate on protect people money and business, not (just) private chat between buyers and sellers.
I read too something about it in the same page (I've posted a couple of weeks ago on this thread, am I right?). I'm sure developers are focusing themselves on this to guarantee a 100% safe place.
I think this is the page that you're talking about. some features like arbitration will be released yet in the first live version (they are talking about the beta?) some further things after.
Yes, this is the page that I'm talking about. There is something not perfectly clear: they will introduce arbitration in the first live version, in order to protect buyers and sellers I suppose, but the reputation system will be introduced just later...
I wondering about the same thing. and something more: the provide aliases and private chat in the first version, so the identity of the user is completely unknown. this can make an arbitration very difficult!
I just hope that some information about any users are stored in bitboost database, so if someone try to steal or something else he can be found. I just asking myself why the reputation will be not available from the first version.
If you talk about Bitboost database then you are talking about a centralized network. From what I understand in its core features is that the Block has no centralized authority as it's built on the Ethereum blockchain using smart contracts. Transactions are completed in a trustless manner, with no third party involvement, which means no one has to rely on trust for the system to work. Transactions cannot be censored. Listed items are available at all times, to everyone, with no need for sellers to stay online 24/7, since The Block runs on thousands of computers worldwide. This makes it resistant to the kinds of attacks that force conventional websites offline. Decentralization equals greater privacy, freedom, and stability.
A decentralized database IS a database. The difference is that you store the information in blocks instead of in a server. And our concern are not due to external attacks, but we wonder about how to be sure that sellers, that are TOTALLY ANONYMOUS, can't take money and then disappear sending anything to the buyer...
If you understand the function of an escrow, then this shouldn't be a problem. Here is a simple explanation, in traditional e-commerce stores, Buyer sends money to purchase an item, this money is held in escrow, while seller sends product purchased. Funds would only be released to seller until buyer has affirmed that he has received item and is satisfied. If there is discrepancies in item or goods did not arrive, buyer would open a dispute after resolution, funds would be returned back to buyer.
Now for Bitboost, same principle applies using it's escrow system, payment for the item is held in an escrow contract and will be only released to the seller if both parties indicate that they are satisfied, or if a given period of time has passed without the buyer having opened a
dispute. If a dispute is opened, the designated arbiter will be granted control over the escrowed funds and must determine whether they should be returned to the buyer, transferred to the seller, or to both in some ratio depending on resolution. So with this no seller would run away with your money when you purchase item. Bitboost went an extra mile to introduce proposed reputation system where every seller and buyer will have a reputation rating derived from their conduct and the quality of their products during and after every transaction. Users with a low or negative reputation score may be filtered out, in order to protect all sellers and buyers from fraud and wasted time. Hope my explanation helps you have a better understanding?
Owners are very busy with (1) developement and (2) the research of big investors, all things in our own interest too! 
