Bitmarkets, private decentralized marketplaces based on two party Bitcoin escrow

stevedekorte

newbie

Activity: 30

Merit: 0

Quote from: jcooper on November 20, 2014, 02:44:19 PM

I don't know much about it and was under the impression that the Bithalo dev invented the idea. It seems like a kick-ass idea and it's great to see some competition driving it. Supporting BTC seems a million times better than launching a new alt. Except for the million dollars in funding part.

Do you have plans for fundraising? Kickstarter or anything? Have you looked at other markets for the service, such as wagering?

Also, I'm curious, what other coins could you easily support? Nubits? Doge?

No plans for fundraising atm. If there's enough interest in making the client multi-platform at some point, we'll probably look into it.

I'm guessing it wouldn't be difficult to support any altcoin that's a fork of bitcoin but we don't see any good reason to support them. Also, we'd like to keep the client as simple as possible.

jcooper

newbie

Activity: 13

Merit: 0

I don't know much about it and was under the impression that the Bithalo dev invented the idea. It seems like a kick-ass idea and it's great to see some competition driving it. Supporting BTC seems a million times better than launching a new alt. Except for the million dollars in funding part.

Do you have plans for fundraising? Kickstarter or anything? Have you looked at other markets for the service, such as wagering?

Also, I'm curious, what other coins could you easily support? Nubits? Doge?

stevedekorte

newbie

Activity: 30

Merit: 0

Quote from: H.W.Z on November 20, 2014, 03:23:28 AM

Is it another dark network? If it can get rid of the gov's or surveillance, it will be promising.

We call it a privacy protecting network.

stevedekorte

newbie

Activity: 30

Merit: 0

Thanks jcooper. Yes, Bitmarkets has no altcoin. It's hard to tell exactly what BitBay is doing from briefly looking at their site (unclear how escrow their works) so I'm not sure how to compare them. Bitmarkets is an independent project (not based on previous market code bases). I don't recall seeing the bithalo white paper.

jcooper

newbie

Activity: 13

Merit: 0

So the difference between this and thebitbay is (a) you allow transactions in BTC, and they require users to buy a new alt coin called BAY, and (b) they've got a million dollars worth of BTC to spend on dev and publicity? Unfortunately the latter probably outweighs the former. Did you start from the bithalo code or just the whitepaper, or is it completely independent? Good luck with it!

H.W.Z

hero member

Activity: 574

Merit: 500

Is it another dark network? If it can get rid of the gov's or surveillance, it will be promising.

stevedekorte

newbie

Activity: 30

Merit: 0

Today we're releasing Bitmarkets, a client for private decentralized marketplaces. It's based on Bitcoin two party escrow and uses Bitmessage and Tor for privacy. Open source, free and no fees.

Application, source, white paper and protocol spec available at:

http://voluntary.net/bitmarkets

First version available for Max OS X 10.9 or higher.
Note: This is an early beta. It works but it's not polished. Any feedback would be really helpful.

Topic: Bitmarkets, private decentralized marketplaces based on two party Bitcoin escrow (Read 1231 times)