Topic: OpenBazaar - decentralized eBay - page 18. (Read 41770 times)
They went the qualitative approach with escrow and disputes.. Ofcourse you can have locked escrow on either side or something like Peter todds nLockTime improvement which is better.. The onchain escrow implementations will be sufficient and trustless.
if they continue to rely on a arbiters you can't really call it true decentralization, right? why they cannot simply use an automatic services for escrow, a bot that is designed to do it instead of an human? how can someone be si sure that the arbiter will not run with money one day, after building trust? i don't like this third party system at all
How is a bot supposed to check, if a item arrived at the right place or if the quality is right? There are things, that bots, just can't do. Also, the arbiter can not run with the money. Have you ever heard about multisig? Inform your self before posting BS.
what if the arbiter is a crazy scammer and is a friend of the senders of the item, and he don't want to give you back the second key you need to retrieve your money back? basically he will not be able to steal anything but, you will lose your money anyway
and the senders of the item will lose nothing
yes there is no reason to do that but it can happen, if you deal with crazy guys
The question is not: Is it a complete perfect system, where nothing can go wrong?
The question is: Is it better, than a real existing alternative?
if they continue to rely on a arbiters you can't really call it true decentralization, right? why they cannot simply use an automatic services for escrow, a bot that is designed to do it instead of an human? how can someone be si sure that the arbiter will not run with money one day, after building trust? i don't like this third party system at all
How is a bot supposed to check, if a item arrived at the right place or if the quality is right? There are things, that bots, just can't do. Also, the arbiter can not run with the money. Have you ever heard about multisig? Inform your self before posting BS.
what if the arbiter is a crazy scammer and is a friend of the senders of the item, and he don't want to give you back the second key you need to retrieve your money back? basically he will not be able to steal anything but, you will lose your money anyway
and the senders of the item will lose nothing
yes there is no reason to do that but it can happen, if you deal with crazy guys
if they continue to rely on a arbiters you can't really call it true decentralization, right? why they cannot simply use an automatic services for escrow, a bot that is designed to do it instead of an human? how can someone be si sure that the arbiter will not run with money one day, after building trust? i don't like this third party system at all
How is a bot supposed to check, if a item arrived at the right place or if the quality is right? There are things, that bots, just can't do. Also, the arbiter can not run with the money. Have you ever heard about multisig? Inform your self before posting BS.
if they continue to rely on a arbiters you can't really call it true decentralization, right? why they cannot simply use an automatic services for escrow, a bot that is designed to do it instead of an human? how can someone be si sure that the arbiter will not run with money one day, after building trust? i don't like this third party system at all
I am HUGELY in favor of OpenBazaar .. but I'm not entirely sure how it will attract mainstream users to compete with eBay and Amazon. Mainstream users still use paypal and CC. OpenBazaar will no doubt give darknet markets pause for concern, but I don't see mainstream users flocking to it, unfortunately. I hope I am WRONG
Bitmit was a bitcoin based ebay and it had a lot of users. There is definitely a need. Others pop up here and there but without everyone rallying around one service it does not have the seller and customer base needed to take off.
A great way to make money is to create a market. Good idea by OpenBazaar!
Well they're likely not going to make any money directly from the markets seeing as there's no fees. Would kind of defeat the purpose of them if they were going centralize it in such a fashion.
Arbitrators are not mandatory in the first place and fees don't apply if the trade goes smooth and the arbitrator is not required.
I am HUGELY in favor of OpenBazaar .. but I'm not entirely sure how it will attract mainstream users to compete with eBay and Amazon. Mainstream users still use paypal and CC. OpenBazaar will no doubt give darknet markets pause for concern, but I don't see mainstream users flocking to it, unfortunately. I hope I am WRONG
well all it needs to be a sucess and brings more attention into bitcoin world is a good management if they make those easy and safe we will ebay getting out of those market and with them rules i hope it sucess i would be amazed to buy things with my bitcoin instead be paying fees to on then to other and more lol
Its absolutely interesting decision to decentralising eBay in the openBazaar for all kinds of people. This wonderful decision people took very positively and appropriating very much. For stabilise business very importent to needs well planning BTC going to creating an example by this wonderful decision its such a wonderful and appropriately thought from BTC Business planner. We expecting always for us easy to easier investment systems planing from BTC as usual.
A great way to make money is to create a market. Good idea by OpenBazaar!
Well they're likely not going to make any money directly from the markets seeing as there's no fees. Would kind of defeat the purpose of them if they were going centralize it in such a fashion.
Arbitrators are not mandatory in the first place and fees don't apply if the trade goes smooth and the arbitrator is not required.
Arbiters... blehhh
2 Party escrow is working just fine with the network being the trusting point.
2 Party escrow is working just fine with the network being the trusting point.
A great way to make money is to create a market. Good idea by OpenBazaar!
Well they're likely not going to make any money directly from the markets seeing as there's no fees. Would kind of defeat the purpose of them if they were going centralize it in such a fashion.
Are you talking about escrowers or middlemen? If so I doubt they will have anything to do with open bizarre and be a third party. Not sure how the market will work fully be using escrows could be a weak point as I guess somewhere you've got to trust someone.
how so, they must have something to do with open bazars, they are the scrower after all, they will hand fund all day, and i doubt they will do it for free
They make money like Bittorrent does by renting out the p2p network for distributed hosting and other things. Haven't looked how they prevent spam, can only imagine a billion fake listings with every keyword possible polluting search results
or probably like miners does, fee will go to them for incentiveting their work
They make money like Bittorrent does by renting out the p2p network for distributed hosting and other things. Haven't looked how they prevent spam, can only imagine a billion fake listings with every keyword possible polluting search results
eBay stole from me: $1.66 to be exact. (Long story if any one interested, I will post). Not too much to hate them but I do anyway for the poorly made buggy software they have been using to con people.
If there's anything that puts eBay out of business, count me in.
If there's anything that puts eBay out of business, count me in.
A great way to make money is to create a market. Good idea by OpenBazaar!
Well they're likely not going to make any money directly from the markets seeing as there's no fees. Would kind of defeat the purpose of them if they were going centralize it in such a fashion.
Are you talking about escrowers or middlemen? If so I doubt they will have anything to do with open bizarre and be a third party. Not sure how the market will work fully be using escrows could be a weak point as I guess somewhere you've got to trust someone.
A great way to make money is to create a market. Good idea by OpenBazaar!
Well they're likely not going to make any money directly from the markets seeing as there's no fees. Would kind of defeat the purpose of them if they were going centralize it in such a fashion.
Open bazaar decentralisation for Ebay its an Awesome business plan can be because it is available for everybody's and much easier to get for simple people who does not known about BTC still properly.Well planning and good business togather advertise will be Ebay marketing systems.
A great way to make money is to create a market. Good idea by OpenBazaar!
Well they're likely not going to make any money directly from the markets seeing as there's no fees. Would kind of defeat the purpose of them if they were going centralize it in such a fashion.
We all knew it wouldn't take long for the next Silk Road comes along. I can't imagine this "dark market" site isn't going to be the same thing. Hopefully the owners don't flaunt their existence like one (or few) Dread Pirate Roberts!
What are people buying on the bazaar?
What are people buying on the bazaar?
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