Topic: Bitpost - the decentralized system for global parcel delivery (Read 823 times)

That's true, starting a business in this industry requires a huge amount of money. But no one here is starting any business... The whole point of Bitpost is precisely to break free from the limitations of traditional business and leverage the resources of the global community. Instead of building logistics centers, purchasing fleets of vehicles, and hiring employees, we can leverage private individuals from around the world who have their own buildings, cars, free time, and a willingness to earn extra money or minimize travel costs they would incur anyway.

That's right, Bitpost follows a similar model to Uber, which achieved great success and reshaped the taxi industry. We believe that similar approach could prove effective in the package delivery sector.

With Bitpost, stealing a parcel is completely unprofitable. Smart contracts ensure that if a delivery person steals a package, they automatically compensate the sender from their own funds any amount the sender expects.

This happens every day with traditional delivery services as well. In most cases, couriers don't face consequences if illegal items are found in a package, as long as it's clear they were working as a courier. We can't say for certain how this will play out when working for a decentralized platform like Bitpost, but we hope it will follow a similar approach.

Basically, it's not up to us where Bitpost services will expand. We are building a decentralized app with a map where anyone can place their own point or line, and wherever two points are connected by a line, it's possible to send a package between them. But of course, after the Bitpost software is completed, we'll do our best to have our team, friends, relatives, and so on provide the initial coverage of services in the areas where we live.

We had a restriction for several days, but it's all sorted now.

Thanks for the kind words and belief in the project.

Bitpost utilizes two cryptocurrencies:

• BPX - the official currency of Bitpost, used for paying shipping fees, rewarding logistics network participants, security deposits and compensating for lost or damaged shipments.
• BPG - the Bitpost governance token, which allows holders to propose updates to the original Bitpost protocol, vote on them, share in the project’s profits and speculate on the project’s value.

Just crazy, something that's out of the box, seems unique and can bring more potential and real utility of decentralisation. The more people associated with this bring more investment. Do they have any native Crypto to engage with and cumulate some earnings? Better to promote this project across different SNSs and request advertising with multiple brands, making partners with different exchanges like Bitget, Bybit, Kucoin, OKX etc. 

You are trying to enter one of the biggest and most competitive businesses niche in the world. Logistics is a science, it's an art. You need so much money to start this business that you won't be able to collect that much money by selling your token and in the end, I believe that this project will fail. This project is an analogue of Uber but in parcel delivery around the world. Decentralization won't make things easy and it's not what will attract investors. You'll be in huge trouble when the delivery guy steals the parcel and when someone gives an illegal parcel to a random employee of this delivery system.

Before going global, expand this business locally, in the capital of your country. This will be cheap and you'll see, if this project becomes popular and gains success, then you'll easily be able to attract investors and expand it. Starting a global delivery the first day is impossible without billions of dollars, good connections and an amazing team.

Also, fix your twitter account, it's temporarily restricted.

New Article: Bitpost smart contract subsystems

We’ve published a new blog post on the Bitpost website! This time, we explore the architecture behind the Bitpost smart contracts.

Read more:
➡️ https://bitpost.cc/bitpost-smart-contract-subsystems-bitpost-internals-3/

Announcement: The BPX Token Bounty Campaign is now live!

Recently, we have launched the mainnet of BPX Chain – an innovative EVM-compatible blockchain designed by the Bitpost team as a platform for Bitpost smart contracts.

To celebrate this important milestone and promote the Bitpost project, we are launching a bounty campaign with an airdrop of 2.500.000 BPX.

Complete daily, weekly, and special quests, earn points and get the native token of BPX Chain completely for free!

More info:
➡️ https://bitcointalksearch.org/topic/--5519503

So this decentralized governance system is also going to sell tokens and make profit from them?  
You are wrong if you think that smart contracts are some perpetuum mobile device that magically works by itself.
You are welcome to prove me wrong, and show some github code, photos of your team, etc.

You are going to be majority of BPG token holders with 20% of all supply, and December 2024 is coming soon with end of fundraising.

Anyone who breaks the rules loses not their reward but also the security deposit of their own funds, making any form of abuse unprofitable.

So, you cannot compare yourself to DHL or Fedex. But, yes, to individuals who do a job transporting a package from one place to another.

What guarantees can they give, that whoever carries out this transport will follow all the rules and act correctly?

Transport costs could indeed be high in the early stages of the project, until package volumes increase and as long as drivers undertake journeys solely for Bitpost assignments. The key is to utilize existing journeys that would be happening anyway. For example, if someone is driving to a distant city or going on vacation to another country and has extra space in their car, they can take some packages along. For them, it’s a real saving on fuel, and for Bitpost, it lowers transport costs.

First of all, let's create a decentralized protocol that will make this possible and let the logistics network to grow independently in Europe and the USA. One day, somebody will add the first connection between a hub in Europe and a hub in the USA and will earn money from it, and it will be a big day for the project. It’s entirely up to the creativity of the community to make such a connection possible and then optimize it to make it cost-effective.

Beign inside this project, I disagree with that. In my opinion, the biggest challenge was designing the business logic and internal mechanisms of this project and eliminating conflicts of interest and design flaws. There are things you might not even think about, such as:

• Whether to allow the update the coordinates of an existing Bitpost Hub to a different location. If so, what should be done with the existing routes to it? What happens if someone moves a Hub with customer shipments to the other side of the world?
• Should couriers reserve a transport order on the blockchain before carrying it? If so, what should be done if a courier reserves an order but does not complete it? Should the security deposit be locked at the time of reservation? What if the courier arrives to pick up the package and at that moment their wallet balance is insufficient to place the deposit? Or maybe we shouldn't make any reservations at all, and the first status on the blockchain would be the package pickup? In that case, how can we ensure that the same order isn't accepted by another driver who then realizes halfway through the trip that the order has already been completed?
  

I mentioned two simple cases here, but we had hundreds of them. We've been working on this since 2022, and we currently have everything developed. All the creative work has been done. Now the programmers just need to write the code according to these rules, which any reasonably experienced team can do.

That's true, but only until the first working version is released. After that, the decentralized governance system will take control of all Bitpost smart contracts, and we will have no control over it; every update will be implemented through voting by BPG token holders.

Maybe he's afraid someone will steal his idea, so he presented it this way.

I think that before proceeding, it would be good to ask the community for their opinion, if the goal is to involve the community.
https://bitcointalksearch.org/topic/community-feedback-project-online-store-with-a-focus-on-privacy-5511991

This is exact confirmation of what I said before.
You had an idea and you wrote it in digital format you call whitepaper.
What you call ''the only thing left'' is 99% of the project.

I was speaking in general terms about tokens on blockchain, but you are controlling  token supply, and you will control currently non-existent code for smart contract.
If your team stops working Bitpost is dead.
Even a kid understands this.

So it's a mix of DoorDash and DHL.

The idea may be interesting, but transport costs would rise significantly. Mainly when shipping between different countries.
How would you make it viable to send an order from Europe to the USA?

We're not setting up any company. We're developing a decentralized protocol and application that enables regular people from all over the world who are complete strangers to each other to safely exchange parcels entrusted by customers, allowing them to operate as if they were one large global delivery company despite having no business or legal ties between them. Our software connects two types of users: (1) customers who need to send a package to a certain location anywhere in the world and (2) network participants who want to earn money by collecting, transporting, storing, sorting, and delivering these parcels.

I’m not sure why you think this is just an idea. The Bitpost white paper presents a complete architecture and operational principles of this project. The only thing left is to translate them into real application code, which will be accomplished in less than a year.

So what do you consider centralized in our project?

Right now Bitpost is nothing more than just an idea, and there is nothing decentralized about that.
It is silly to say that any token on blockchain is making something automatically decentralized.

I don't consider smart contract on ethereum to be secure at all.
All smart contracts are full of bugs, and we all know many cases when millions if not billions got lost ans stolen because of this.
Like I said previously, show us real life example that you have something concrete... because so far I saw nothing but words.

But do you want to set up a new delivery company?
This seems like something very big and complex to me. It should take several years to reach more than one country, perhaps the same time for just one country.

Setting aside the fact that Bitpost is decentralized and cryptocurrency-based, it’s more comparable to DHL or UPS rather than DoorDash. DoorDash focuses on local deliveries, where a single driver manages the entire delivery from sender to recipient. Bitpost breaks routes into smaller segments, handled by different couriers, and routes packages through multiple sorting / exchange hubs. This approach makes it suitable for long-distance deliveries, such as shipping orders from online stores.

The security deposit in Bitpost is indeed managed by a smart contract; otherwise, we couldn’t call this project fully decentralized. There’s no complex, “out-of-this-world” technology behind this mechanism that you’d have to take on faith. It’s just straightforward logic that releases the deposit to one address or another, depending on statuses recorded on the blockchain by network participants and the customer.

Well... I didn't want to go down that path... 

I wanted to at least understand what the idea behind this "thing" was...

And who is holding this deposit from evil participant in the mean time, and how is this going to be released to customer?
I expect you are probably going to say that smart contract is doing all the work or something like that, but I just had to ask the question.
Until you show us something real this is all just words.

I don't think DoorDash and similar services ever had a token presale for collecting money

In short, what are you proposing a service equivalent to DoorDash?

Not at all. All traditional shipping companies are actually better suited for this. In fact, Bitpost is the only one that is completely unsuitable for such purposes, because confirmation of receipt originating from the recipient is the crucial mechanism for the entire system to work. If you don’t know what the package is, you simply don’t accept it and no one can leave anything at your door when you're out.

Furthermore, Bitpost privacy options are flexible, primarily focusing on protecting against third-party access. Complete anonymity is only an option the recipient can agree to if they trust the sender and see a good reason to use this feature. Most shipments can be sent with all data visible to the recipient and detailed tracking available, and this is the standard way Bitpost operates.