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

newbie
Activity: 14
Merit: 0
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'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.

This project is an analogue of Uber but in parcel delivery around the world.
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.

You'll be in huge trouble when the delivery guy steals the parcel
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.

and when someone gives an illegal parcel to a random employee of this delivery system.
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.

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.
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.

Also, fix your twitter account, it's temporarily restricted.
We had a restriction for several days, but it's all sorted now.

Just crazy, something that's out of the box, seems unique and can bring more potential and real utility of decentralisation.
Thanks for the kind words and belief in the project.

Do they have any native Crypto to engage with and cumulate some earnings?  
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.
newbie
Activity: 43
Merit: 0
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. 
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
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.
newbie
Activity: 14
Merit: 0
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/
newbie
Activity: 14
Merit: 0
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
legendary
Activity: 2212
Merit: 7064
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.
So this decentralized governance system is also going to sell tokens and make profit from them?  Cheesy
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.

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.
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.
newbie
Activity: 14
Merit: 0
What guarantees can they give, that whoever carries out this transport will follow all the rules and act correctly?
Anyone who breaks the rules loses not their reward but also the security deposit of their own funds, making any form of abuse unprofitable.
legendary
Activity: 1862
Merit: 5154
**In BTC since 2013**
The idea may be interesting, but transport costs would rise significantly. Mainly when shipping between different countries.
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.

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?
newbie
Activity: 14
Merit: 0
The idea may be interesting, but transport costs would rise significantly. Mainly when shipping between different countries.
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.

How would you make it viable to send an order from Europe to the USA?
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.

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.
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.

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.
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.
legendary
Activity: 1862
Merit: 5154
**In BTC since 2013**
This is exact confirmation of what I said before.
You had an idea and you wrote it digital format you call whitepaper.
What you call ''the only thing left'' is 99% of the project.

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
legendary
Activity: 2212
Merit: 7064
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.
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.

So what do you consider centralized in our 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.
legendary
Activity: 1862
Merit: 5154
**In BTC since 2013**
But do you want to set up a new delivery company?
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.

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?
newbie
Activity: 14
Merit: 0
But do you want to set up a new delivery company?
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.

Right now Bitpost is nothing more than just an idea
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.

and there is nothing decentralized about that.
It is silly to say that any token on blockchain is making something automatically decentralized.
So what do you consider centralized in our project?
legendary
Activity: 2212
Merit: 7064
Setting aside the fact that Bitpost is decentralized and cryptocurrency-based, it’s more comparable to DHL or UPS rather than DoorDash.
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.

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.
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.
legendary
Activity: 1862
Merit: 5154
**In BTC since 2013**
In short, what are you proposing a service equivalent to DoorDash?
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.

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.
newbie
Activity: 14
Merit: 0
In short, what are you proposing a service equivalent to DoorDash?
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.

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.
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.
legendary
Activity: 1862
Merit: 5154
**In BTC since 2013**
In short, what are you proposing a service equivalent to DoorDash?
I don't think DoorDash and similar services ever had a token presale for collecting money Wink

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

I wanted to at least understand what the idea behind this "thing" was...
legendary
Activity: 2212
Merit: 7064
Any attempt at fraud will always result in the loss of the deposit by the dishonest participant in favor of the affected customer.
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.

In short, what are you proposing a service equivalent to DoorDash?
I don't think DoorDash and similar services ever had a token presale for collecting money Wink
legendary
Activity: 1862
Merit: 5154
**In BTC since 2013**
In short, what are you proposing a service equivalent to DoorDash?

newbie
Activity: 14
Merit: 0
Such an anonymous delivery option would be the perfect tool for criminals to send someone a bomb or poison.

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.
?
Activity: -
Merit: -
Another question comes up. How do you plan to prevent your project from being used for illegal activities? Such an anonymous delivery option would be the perfect tool for criminals to send someone a bomb or poison.
newbie
Activity: 14
Merit: 0
The security mechanisms of Bitpost do not rely on user reputation; instead, they are applied individually to each shipment. Therefore, the ability to create an unlimited number of new identities is not a concern. Any attempt at fraud will always result in the loss of the deposit by the dishonest participant in favor of the affected customer. It does not matter whether the attacker uses a completely new identity, or even a compromised identity belonging to another user with an impeccable transaction history.
legendary
Activity: 2170
Merit: 1789
If Bitpost identifies its users only through wallet keys, how will you deal with eliminating scammers from your ecosystem? After all, creating a new wallet and thus a new, clean identity takes only seconds.
I'm also curious about this. Probably through its deposit mechanism if one of the scammers tries to participate as the hub/delivery point. I'm not sure a scammer will try to pose as a sender/receiver since they need to spend some fess too, if I read the whitepaper correctly. I believe it's still a good idea to explore to make the project more compelling for the public though. CMIIW.
?
Activity: -
Merit: -
If Bitpost identifies its users only through wallet keys, how will you deal with eliminating scammers from your ecosystem? After all, creating a new wallet and thus a new, clean identity takes only seconds.
newbie
Activity: 14
Merit: 0
Can you give me an argument why should I use Bitpost instead of DHL?
Primarily to shorten delivery times. In Bitpost, anyone can become a driver, and there’s no limit to the number of drivers in a given area. Some may treat this as a full-time job, while others might work evenings or just on weekends. Parcels can be transported by individuals traveling for vacation, family visits, or by drivers returning with empty vans from other jobs. In the vast community, there will always be someone willing to transport your package, whether intentionally or by the way. So, if you order something from an online store on a Saturday at 12:00 PM, a favorable arrangement of routes could make you'll be enjoying your product before the evening. How would it work with DHL? On Saturday, nothing. On Sunday, nothing. On Monday, there’s a pickup, followed by overnight transport to the central sorting facility, and delivery on Tuesday. Total time: four days.

Additionally, there's a high level of privacy, an innovative tracking system, independence from the banking system, and easy integration with decentralized applications.

I don't understand what's the P2P approach in shipping. You need centralized sorting facilities to collect parcels and then ship them to their destinations.
We need sorting facilities, but Bitpost hubs are not centralized. They are established by community members and operate independently of one another and any central entity.

Yes, you are privacy oriented, good, users are identified by the cryptographic keys of their connected wallets but have you done a research about how many people use crypto wallets around the world? Have you idea how many people will be able to use crypto wallet to get your service?
Bitpost partially addresses this issue by enabling the typical crypto-disabled consumer to receive packages without a wallet and crypto. This is well-explained in the project's white paper: https://bitpost.cc/whitepaper.pdf

There is nothing that makes me to choose you over DHL, you won't be able to cover my local area and other areas. Can you prove me wrong?
We may not be able to cover any area, but incentivized community from around the world certainly can.
hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
Can you give me an argument why should I use Bitpost instead of DHL? You are trying to build a business that worth billions of dollars, I hope you realize that.
I don't understand what's the P2P approach in shipping. You need centralized sorting facilities to collect parcels and then ship them to their destinations.

I don't understand how you are a game changer company in parcel delivery. Yes, you are privacy oriented, good, users are identified by the cryptographic keys of their connected wallets but have you done a research about how many people use crypto wallets around the world? Have you idea how many people will be able to use crypto wallet to get your service? I think you haven't done a research there because as you claim, you are a gamechanger but I believe you'll have no chance against parcel delivery companies. There is nothing that makes me to choose you over DHL, you won't be able to cover my local area and other areas. Can you prove me wrong?

newbie
Activity: 14
Merit: 0
You might be surprised, but we agree with you about Ethereum after transition to Proof of Stake.
Always has been.
What other technology would you prefer for such a project?

What mining are you talking about, and how do hard drives "mine"?
It's the Proof of Space and Time algorithm. You can find more information here: https://docs.bpxchain.cc/books/bpx-chain/chapter/consensus

You're not going to have a community if you don't set clear what happens in the case of a parcel being damaged, which is very common in the industry.
We have effective solution for the most critical and likely issues: loss, theft, and visible damage to the package. I suspect that situations where the contents of a properly secured package are damaged without any visible damage to the outer packaging are extremely rare, but this assumption is not backed by any data. After launching the minimal viable product, we’ll be able to estimate the scale of this issue and address it if necessary.

AFAIU, someone can just join, claim he sells iPhones, sends trash instead, and won't be punished.
If the sender places trash in the package, Bitpost will deliver that trash to the recipient. The dispute regarding whether a package should contain something different lies between the seller and the buyer. In this case, Bitpost has properly executed its duty by transporting a sealed package from point A to point B.
Anyway, I don't see why anyone would use Bitpost to send trash instead of ordered products. From a scammer's perspective, it would be better to just offer traditional delivery methods and not send anything at all.

However, if we’re discussing a situation where the seller sent the correct item, like an iPhone, and one of the Bitpost couriers swapped it for trash during transit, there are solutions in place to minimize the risk of such fraud. A package containing valuable items can be secured in tamper-proof packaging, contain seal stickers or holograms that are difficult to replicate. The sender of any Bitpost parcel can upload a photo of the package, which will be displayed to every network participant during the handoff. Any inconsistencies will result in the package being rejected at subsequent stage of transport.
Regardless, this can happen with traditional shipping companies or national postal services as well and identifying the culprit among employees of a large corporation who had access to the package during its multi-stage journey is likely no easier than with Bitpost.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
You might be surprised, but we agree with you about Ethereum after transition to Proof of Stake.
Always has been.

Unfortunately, the original Bitpost implementation states that if a package has damaged contents but shows no visible signs of box damage, it is considered to have been inadequately secured by the sender. In such cases, compensation will not be possible. However, since this is a community-driven project, if this approach leads to user dissatisfaction and a reliable solution is proposed, the community can vote to implement a change.
You're not going to have a community if you don't set clear what happens in the case of a parcel being damaged, which is very common in the industry. AFAIU, someone can just join, claim he sells iPhones, sends trash instead, and won't be punished.
newbie
Activity: 14
Merit: 0
1. What if "hub" received package from "driver" without any damage, but refuse to perform handoff because the "hub" wants to mess with the "driver" or Bitpost system?
Nothing should rely only on trust, the handoff transaction should be confirmed during a physical meeting when parcels are exchanged between two network participants.  If a hub operator refuses to accept a package, the driver should take it to another hub, even back to the original hub from which it was collected. If a package is damaged, other hubs should also refuse it. However, if someone just wants to cause trouble, it shouldn't be difficult to find another drop-off location. The driver can also choose to remove that problematic hub from their routes. If this situation recurs and all drivers disconnect from a particular hub, it will no longer be used for future routes and may ultimately close.

2. How about damage on the package which can't be found without opening the package?
Unfortunately, the original Bitpost implementation states that if a package has damaged contents but shows no visible signs of box damage, it is considered to have been inadequately secured by the sender. In such cases, compensation will not be possible. However, since this is a community-driven project, if this approach leads to user dissatisfaction and a reliable solution is proposed, the community can vote to implement a change.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?
Look, Bitpost doesn’t rely on any claims or disputes. Handling a parcel involves multiple handoffs along its route, such as sender-driver-hub-driver-hub-driver-recipient. Each handoff must be confirmed on the blockchain through a transaction originating from the receiving party's wallet. Executing such a transaction transfers full responsibility for the parcel to the receiving party and absolves the previous party of any further liability. Therefore, if a parcel is lost or stolen, or if the courier arrives with a damaged package, no subsequent participant in the process will certify its handoff, so if the parcel remains "on hold" with a party for a certain period without any movement, the sender has the right to claim compensation from its current holder security deposit.

Excuse me, but i'm still confused about how Bitpost prevent false claim. For example,
1. What if "hub" received package from "driver" without any damage, but refuse to perform handoff because the "hub" wants to mess with the "driver" or Bitpost system?
2. How about damage on the package which can't be found without opening the package?
newbie
Activity: 14
Merit: 0
What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?
Look, Bitpost doesn’t rely on any claims or disputes. Handling a parcel involves multiple handoffs along its route, such as sender-driver-hub-driver-hub-driver-recipient. Each handoff must be confirmed on the blockchain through a transaction originating from the receiving party's wallet. Executing such a transaction transfers full responsibility for the parcel to the receiving party and absolves the previous party of any further liability. Therefore, if a parcel is lost or stolen, or if the courier arrives with a damaged package, no subsequent participant in the process will certify its handoff, so if the parcel remains "on hold" with a party for a certain period without any movement, the sender has the right to claim compensation from its current holder security deposit.

Based on their explanation of the Security Deposit, looks like the sender can make a claim only if there's no movement on the parcel within a specific timeframe. Not sure how they'll handle the dispute if the member who delivers the parcel faces some issue and the package is not damaged. I assume there'll be an arbitration method otherwise each member must send the package asap if they don't want to lose their deposit money.
The system distinguishes between situations where a parcel has not moved due to uncontrollable factors (e.g., a lack of available couriers in the area) and deliberate situations (e.g., couriers expressed a desire to transport the parcel further but were unable to do so because the hub lost or damaged the package). In the first case, compensation will not be granted, whereas in the second case, it will be.

In my opinion their main goal is just token presale, and maybe few years ago they would actually get some funding.
Even if this project is real, and I doubt that, this won't be released before 2026 or 2027 if ever.
Regardless of the outcome of the presale, we won't abandon our efforts without testing this idea by delivering a complete product. It’s something that has the potential to change the world, tbh we treat it as a project of our lives. We have already completed around 70% of the smart contracts and 20% of the frontend, even without any presale. Not to mention the months spent designing all these business logic / security / privacy mechanisms and experimenting with various architectures. However, solid funding is essential to focus on it full-time and launch it with a bang.

I do however hold an empty basket, as the OP does not seem to genuinely want to create a decentralized marketplace, as he apparently wants it to be based on Ethereum, which is a centralized shitcoin.
You might be surprised, but we agree with you about Ethereum after transition to Proof of Stake. However, we consider the EVM technology to be brilliant and a solid foundation for our project. That’s why, for the Bitpost project and related initiatives, we’ve already developed the world’s first blockchain fully compatible with Ethereum, utilizing hard drives for mining. This offers security and decentralization similar to Proof of Work but with a fraction of the energy consumption. It’s designed so seamlessly that our beacon client communicates with the original execution client, such as Geth, through the official API, replacing Proof of Stake with an alternative consensus algorithm. To be honest, we’re not currently promoting it because, after a year of flawless operation, it has halted due to poorly adjusted difficulty constants and a decline in users. However, this issue will be addressed, and it serves as a clear signal for us to accelerate our efforts on the project, because otherwise, we risk losing our community.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?
I haven't read the whitepaper, but theoretically, shouldn't there be a DAO for those purposes? For example, in Bisq, there's a group of people, elected based on their BSQ holdings, which facilitate disputes.

I do however hold an empty basket, as the OP does not seem to genuinely want to create a decentralized marketplace, as he apparently wants it to be based on Ethereum, which is a centralized shitcoin.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?
Based on their explanation of the Security Deposit, looks like the sender can make a claim only if there's no movement on the parcel within a specific timeframe. Not sure how they'll handle the dispute if the member who delivers the parcel faces some issue and the package is not damaged. I assume there'll be an arbitration method otherwise each member must send the package asap if they don't want to lose their deposit money.

That's possible, although their whitepaper doesn't mention word "arbitration" or "dispute". On centralized or semi-centralized system, an oracle or third party is the one who check and decide the outcome. But i wonder how it works on Bitpost which claim itself as fully decentralized.
legendary
Activity: 2212
Merit: 7064
What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?
I would like to hear their explanation about that also, but I think they didn't plan project to go so far.
In my opinion their main goal is just token presale, and maybe few years ago they would actually get some funding.
Even if this project is real, and I doubt that, this won't be released before 2026 or 2027 if ever.

''humble'' goals:
Quote
BPG hard cap is $1,200,000. Once this amount is collected, the pre-sale will end immediately
legendary
Activity: 2170
Merit: 1789
What would happen if either customer or sender make false claim? How Bitpost could verify the package actually lost or damaged?
Based on their explanation of the Security Deposit, looks like the sender can make a claim only if there's no movement on the parcel within a specific timeframe. Not sure how they'll handle the dispute if the member who delivers the parcel faces some issue and the package is not damaged. I assume there'll be an arbitration method otherwise each member must send the package asap if they don't want to lose their deposit money.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Did you abandon your Nefario account because of the negative trust?

I briefly checked that account[1] and references on the negative feedback, but i didn't see correlation between that and OP's account. Do you mind to explain further?

[1] https://bitcointalksearch.org/user/nefario-3046

No explanation; I asked and OP answered.  It just seemed odd that the two projects are so similar.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
Bitpost is not ready yet, it's still in the development stage. The intention of this post is to promote the idea rather than any token, making it appropriate for this board.
Be sure to stop spamming the forum and threads that have been inactive for years.
Now you have your own topic and write everything relevant to your project here.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
I briefly read the whitepaper, but i don't understand how you can achieve full decentralization. For example,

Did you abandon your Nefario account because of the negative trust?

I briefly checked that account[1] and references on the negative feedback, but i didn't see correlation between that and OP's account. Do you mind to explain further?

[1] https://bitcointalksearch.org/user/nefario-3046
newbie
Activity: 14
Merit: 0
Our project has no affiliation with an account / project / anything named "Nefario".
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Did you abandon your Nefario account because of the negative trust?
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
Bitpost is not ready yet, it's still in the development stage. The intention of this post is to promote the idea rather than any token, making it appropriate for this board. Please check out the project's white paper, which contains many infographics, and the TikTok videos that explain many things in a simple way.

You are on the development stage, and yet you are doing a pre-sale. I find it odd that a pre sale is going on a project that is not ready to be launched for promotion. No wonder you only got $40 from your $1.4 million target.

https://bitpost.cc/bpg/

Not to hurt your feeling but only suggesting the best way to proceed, what exactly are missing for you to fully blast the promotion, Only a few investors and supporters frequent this section; you can find them in the Altcoin Announcement

All you need is a copper account and a well-designed announcement. And If you have a budget, you can do a bounty campaign.
Bounties
newbie
Activity: 14
Merit: 0
Bitpost is not ready yet, it's still in the development stage. The intention of this post is to promote the idea rather than any token, making it appropriate for this board. Please check out the project's white paper, which contains many infographics, and the TikTok videos that explain many things in a simple way.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
OP is your platform in a developing stage, I don't see it is, its a complete platform already and not in planning stage, You have announced your project on the wrong board of the forum; you should have opened it in the altcoin announcement because it includes selling of the token.

You cannot maximize the promotion of your platform if you're posting in the wrong section, its better to acquire a copper account and hire a designer for your thread to make it appealing, An infographic for a project like yours is good to understand how your platform works.
newbie
Activity: 14
Merit: 0
Bitpost | Decentralized parcel delivery

Bitpost is a fully decentralized parcel delivery system leveraging community members to provide services in their local areas, thereby building a global logistics network. Open to everyone. Beyond anyone's control. Powered by blockchain.



Website:
➡️ https://bitpost.cc

White paper:
➡️ https://bitpost.cc/whitepaper.pdf



Decentralized Logistics Network

Unaffiliated individuals build the global logistics network by operating sorting hubs, delivering parcels, or hosting electronic parcel lockers in areas where they live. The service coverage is constantly expanding until it spans the entire globe. Participants are incentivized for their honest work and penalized for protocol violations, allowing untrusted parties to securely exchange parcels entrusted by customers.


Game-changer for the Shipping Industry

Instead of relying on centralized sorting facilities, Bitpost uses a peer-to-peer like approach, where closely located sorting hubs exchange parcels with their neighbors. The network can scale dynamically, attracting more participants and increasing the frequency of transport between key distribution points, reducing delivery times with the only limit of actual transit time between sender and recipient.


Trustworthy Shipping Method

Security deposits locked in smart contracts guarantee compensation for lost or damaged parcels. Tracking statuses are immutable records on the blockchain, automatically generated during the parcel handoff and confirmed by cryptographic signatures, making them tamper-proof. Utilizing these mechanisms, Bitpost fosters a transparent and trustworthy logistics environment, ensuring that customers can rely on the integrity of the service.


Privacy by Design

Users can start using Bitpost instantly, without agreements or formalities. Instead of relying on government-issued IDs, users are identified solely by the cryptographic keys of their connected wallets, allowing network participants and parcel locker users to remain fully anonymous. For home deliveries, Bitpost maximizes the privacy of both the sender's and recipient's addresses.


Market-Driven Pricing

Instead of fixed rates for sending a parcel, Bitpost operates on a flexible, market-driven pricing model. Customers propose a fee, and drivers choose to accept only the jobs they find profitable. This decentralized approach creates a competitive environment within the network, encouraging continuous cost optimization among service providers.


In Harmony with Web3

Third-party smart contracts can interact with Bitpost's smart contracts to manage shipments, monitor their statuses, and take automated actions. The emergence of fully decentralized, Web3-compatible logistics system makes previously unattainable models, such as decentralized marketplaces, storage, rental services or pawnshops will be able to thrive.



X (Twitter):
https://x.com/BitpostNetwork

TikTok:
https://www.tiktok.com/@BitpostNetwork
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